Incorporated in 2000, Sumitomo Chemical India (SCI) is present in the three business verticals of agro solutions (ASD), environmental health (EHD) and animal nutrition business (AND)
8And there is a buy recommendation on the company's stock

8IG Petrochemicals Ltd's profit halved in Q-1, 2021-22 in comparison to the previous quarter
8Clearly, the second wave of COVID had a detrimental impact
8In comparison Aarti Industries Ltd did better this quarter than the previous one

ONGC had sought out two platform supply vessels with the express purpose of making potable water to supply its offshore facilities
8Two companies had put in their bids
What is the current status

There was a good response to ONGC's EOI for Cluster-3 development in its KG offshore block, KG-DWN-98/2
8Cluster-3 is an ultra deepwater discovery, and if development takes place, it is will one of a handful of companies who will be drilling as such depths
8But rules may stymie this attempt

8Here is a power company that is till taking gas despite high ruling prices
8How is it able to do so?

8Here is a new Rs 1000 crore lube oil base stock project

The latest OALP round is currently on
8Here is all the documentation for it

China has not allowed ships with Indian crews to berth in its ports
8There is an "unofficial ban".

8Gas leak from a pipeline of the state-run ONGC at Dhananjoynagar in South Tripura district triggered panic on Friday, officials said. Locals saw in the morning that gas was gushing out of the pipeline.

8Indian Oil has said it will complete the final phase of Ennore LNG pipeline by February, 2022 which will link Ennore and Ramnad.

8Indian companies are boosting their spending budgets, drawing confidence from the swift rebound in demand after the deadly second wave of the pandemic.

8Saudi Arabian state oil producer Aramco has reported a near four-fold rise in second-quarter net profit on Sunday, beating expectations and boosted by higher oil prices and a recovery in oil demand.

The biggest demand boost for gas is coming from the fertilizer sector in the months ahead
8Four additional cargoes of LNG are expected to be needed from now till may 2022

8IFFCO has dispatched the first consignment of nano urea liquid to Assam
8Know more

8A tender inviting MOP supply has come up

8A shortage of fertilisers is looming on the back of skyrocketing international prices whose effects, it is feared, may be felt during the coming rabi season ahead of the February-March Assembly elections in Uttar Pradesh, Punjab and Uttarakhand. The supply crunch is due to the overall bullish global agri-commodity markets, a “temporary suspension’ of exports by China and western economic sanctions against Belarus.

8Five ammonia shipments are heading towards India
8GSFC, RCF, IIFCO to receive one cargo each
8Coromandel International has two cargoes lined up

8Our website carries a daily update on ammonia shipments
8Receivers are mostly fertilizer companies

8Three shipments totaling 66.5k MT of LPG were unloaded last week at Haldia
8IOCL received around 2 lakh MT of LPG coming from assorted ports

8LNG prices are at the highest levels for this time of the year in the last eight years
8Usually, Indian buyers are staying away but some technical buying in taking place

Two cargoes each from GAIL and GSFC are expected to be unloaded in the days ahead
8A cargo out of Soyo is unloading for Arcelor Mital Nippon Steel India Ltd. at Hazira
8IOCL's LNG cargo is heading towards Dahej

GSPC is bringing in an LNG cargo from Bonny
8And the intermediary is Nigerial LNG Ltd

Close to 5.8 million MT of crude oil is expected to arrive in India soon
8Out of which Sikka port will receive 1.26 million MT
8Mundra port is expected to receive 0.4 million MT of crude oil
8Other ports expected to receive crude oil are:
8Paradip - 1.1 million MT
8Vadinar - 0.65 million MT
8Mumbai - 0.43 million MT
8New Mangalore - 0.18 million MT
8Cochin - 0.66 million MT
8Chennai - 0.13 million MT
8Visakhapatnam - 0.25 million MT

8BPCL is importing several crude cargoes
8Mumbai and Cochin are the landing terminals

8GSFC is importing urea in bulk
8The 52500 tonne cargo is coming from Qalhat