Processes are being simplified by the petroleum ministry
8A set of new simplified processes have been put in place for E&P, and these could not have been notified without the sanction of the minister
8Clearly, while on the learning process, the minister is signaling that doing business in the petroleum sector should be made easier than before
8That is a good sign indeed

Fresh Polyethylene Terephthalate is being offered in India

The environmental clearance process is still going on for this evacuation pipeline from the LNG terminal
8And it will take quite a while from approval to actual commissioning
8Know more about the kind of environmental issues that the operator will have to sort out

8IT company HCL Technologies has signed a global agreement to provide digital transformation and managed services to The Mosaic Company
8HCL will manage Mosaic's global application and infrastructure environments to enhance the company's ability to drive growth in the marketplace

8BPCL now has a 100% stake in Bharat Oman Refineries Limited (BORL), which was recently increased from 63.38%, as BPCL purchased the stake from Oman Oil Company
8Rating companies find this development to be positive
Find out why

IOC will be needing a fresh lot of directors
8And the process of selecting them was delayed
8But the PESB logjam is now getting over
8Find out who are in the race for one such slot for which interviews are to take place this month

8A spike in fuel prices, which are near record highs, is not just impacting the inflation number but may be forcing consumers to cut nondiscretionary spending, including on health, as it eats into their consumption expenditure, a report by the State Bank of India’s research wing has said.

8U.S. oil and gas mergers surged last quarter with the most $1 billion plus combinations since 2014, according to data released on Monday, as rising energy and share prices led to larger oilpatch deals.

Seismic data processing a complex job
8And the proof of the pudding is in the eating
8So ONGC has decided that eligible contenders should do a no-cost study first of a given sample, before they are qualified to bid
8Fair enough, it seems

8An urea tender is eventually out.

8Union Minister for Chemicals and Fertilisers has reviewed the initiatives of DOF for making India self-reliant in fertilizers
8Also, get an update on the status of Ramagundam fertilizer project and Matix Fertilizer Plant

8The Indian fertilizer sector has made continuous efforts to reduce specific energy consumption
8As a result of numerous measures, the average energy consumption of ammonia and urea plants has improved by more than 34% in the last three decades

Ammonia-Urea Greenfield Project
8Cost - Rs 5500 crore 8Project Event: The project is in the initial stage, The feasibility study/DPR has been completed, The company said that firstly they will do the Phos acid expansion project, but the hiring of contractors for the Ammonia-Urea project is likely to be completed within 2021. RFQ for the PMC is likely to be released in Q3 2021.
SSP Expansion Project
8Cost - Rs 15 crore
8Project Event: The project is still waiting for the approval of state authorities, all clearances are likely to be elicited in October 2021, central approval has been elicited. RFQ for the local contractor is likely to be released in Nov 2021.

N-butanol prices moved higher today in the Chennai chemical market.

Styrene monomer prices have been revised at Hazira.

Kandla registers new hexane prices.

A revision in MDC prices has been announced by GACL.

On July 14, 2021, ammonia (domestic intact) prices were quoted higher in the Ahmedabad market.

Butyl acetate prices in imported repack are slowly increasing in the Delhi market.

In Chennai, PAN prices were quoted higher today.

High VAM prices were quoted in Chennai today.

Ortho Xylene prices have been revised at Kolkata.

Acrylonitrile prices have increased in the Ahmedabad market.

Polyurethane prices are slowly increasing in the Ahmedabad market.

Imported acrylic prices in the domestic market of Delhi were assessed lower on July 14, 2021.