News & Bulletin Updates

8Do you want to get involved in FTA/ETA/ETP discussions connected with countries such as the EU, the UK and Canada?
8The three of them are interested in negotiating a deal with India, and that is good news indeed
8If so here is where you can get involved

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8Clairant is a global chemical giant
8And it is looking at consolidating its JV with India Glycols to shore up its profits

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Technip is undoubtedly one of the big EPC names in the hydrocarbon sector.
8It employs 3000 people
8But it is undergoing a very crucial transition at this point in time

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8GSPC is selling off its stakes in five blocks
8Find out who could be interested in buying these blocks

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The state government seems to be developing an unsolicited interest in Oil India Ltd.
8It had already been forced to loan Rs 1687 crore by the state government for raising the latter's stake in NRL with no timeline on when the money will be paid
8Now the aggressive Assam chief minister Himanta Biswa Sarma wants more

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Tellurian Driftwood LNG project has just got going
8Even so, PLL was right, despite pressure from no less than US President Donald Trump, to renege on its expression of interest with Tellurian

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Private sector interest in strategic reserves for crude is likely to get a fillip
8This is because of the new norms being put in place

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Ammonia Brownfield Project
8Cost - Rs 250 crore
8Project Event: The project is in the initial phase and the discussion is ongoing, Project activities are still on hold. RFQ for the environmental clearance consultant is likely to be released in Q3 FY2021.
Phosphoric Acid Greenfield Project
8Cost - Rs 10 crore
8Project Event: The proposal has been accepted by SEAC and the proposal for the environmental clearance has been submitted to MOEF in June 2018. RFQ for a local contractor is likely to be released in September 2021.

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Chinese export of fertilizers to India is stopping going ahead
8This will have grave implications for India

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Domestic gas started guzzling out of RIL's fields
8And this is replacing LNG already to a large extent
8Combined with high spot prices, LNG use is on the decline in India

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8Nitrogen fertilizers to be most affected by tighter ESG policies, warns Fitch Ratings
8How is this going to impact the fertilizer sector?
8Know more

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8The programme is designed for the officers working in various disciplines such as Marketing, Agricultural Services, Finance, Promotion, Material Management, Logistics, Public Relations, Secretarial, HRD, Information & Communication Technology.

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8Oil India announced that Ministry of Petroleum & Natural Gas vide its letter dated 28 July 2021 has nominated Gagann Jain, Independent Director of the Company as Independent Director on the Board of Numaligarh Refinery w.e.f the date of notification of his appointment and co-terminus with his tenure as Independent Director on the Board of the Company or until further orders whichever is earlier.

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8The government on Thursday permitted 100 per cent foreign investment under the automatic route in oil and gas PSUs which have received in-principle approval for strategic disinvestment. 

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8The Allahabad High Court has issued a bailable warrant against Indian Oil Corporation''s Uttar Pradesh head for non-compliance of its order and asked him to appear before it on August 9.

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8Oil prices dropped on Friday but remained on track to post steep weekly gains with demand growing faster than supply, while vaccinations are expected to alleviate the impact of a resurgence in COVID-19 infections across the globe.

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8The value of Saudi Arabia's oil exports in May increased 147 per cent to just over 60 billion riyals ($16 billion) from a year earlier while non-oil exports rose by 70 per cent, official data showed on Wednesday.

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8Shares of Fertiliser companies in focus on Friday's trade with Rashtriya Chemicals & Fertilizers (RCF) surging nearly 6%.

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8The shipment was coming from Fos Sur Mer terminal carried by the vessel Amadi. It was expected to arrive at Dahej on 2nd August. The cargo was meant to cater to the demand from Adani Total, Arcelor Mittal Nippon Steel India and HPCL
8A shipment for IOCL carried by the vessel Maran Gas Efessos coming from Lake Charles is offloading today at Ennore

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Get an update here on
8Daily bulk cargo import movements
8Daily tanker cargo imports

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85.86 MMT of crude oil arriving in India in the next few days
8Get the latest data as of today evening

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We are now providing a daily update on ammonia shipments
8Quantities range from 8800 tonnes to 6500 tonnes
8Receivers are mostly fertilizer companies
Additionally, get a global update on ammonia ready ships

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Two shipments totaling 45.5k MT of LPG were unloaded yesterday at Haldia
8IOCL and BPCL received the 24k MT cargo coming from Kuwait
8The other 23.5k MT consignment coming from UAE was offloaded from the vessel BW Oak LNG and received by BPCL

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8Get the daily update on fertilizer imports here
8Also, know who are the largest importers

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8A shipment of phosphoric acid is arriving tomorrow
8Zuari Agro is sourcing the material from Jorf Lasfar

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