8There are reports that Adani's Dhamra LNG terminal had run into some snag with one of its contractors
Find out more

Is the oil ministry trying to usurp powers off the PNGRB?
8The government had never been very happy palming off its power to an independent regulator and it had consistently fought off making the DGH an independent entity
8Is the ministry now trying to dilute the PNGRB's authority?

ONGC has got hundreds of vacancies
8Some of them are spillovers from campus recruitments
8Asset-wise vacancy details are given here

The government had relaxed the guidelines for companies who want to market transportation fuels.
8Under the new guidelines, seven companies, including some unknown to the oil industry names, have been granted sanction

8The website is listing here the what the government calls five new steps to raise ONGC's output

Despite the big talk about inviting foreign investment in India's E&P acreages, money brought in by foreign companies is at near nil levels.
8It is a sad commentary on either India's lack of tangible commercial hydrocarbon resources or unhelpful government policy
8The fact that Cairn Energy Plc had to move international court to confiscate Indian government assets, in order to force it to pay up for an arbitration award, is perhaps testimony to why foreign companies are averse to come into India

8What are the 10 major recommendations of the two committees set up to investigate the Baghjan fire?

8IGX claims that its discovered prices on its exchange are 50% cheaper than comparable prices
8How is that so?

Imported polyurethane prices are slowly increasing in the Ahmedabad market

On August 10, 2021 Petrochem sources reported a fall in Polyamide 6 (E35) prices in the Delhi polymer market

Imported polyurethane prices in the Mumbai polymer market were quoted higher today

A sharp fall in Polyamide 6 (M28RC) prices was noted today in the domestic market of Delhi.

Prices for cyclohexanone have been reduced at Hazira.

Weak buying sentiments have led to low ABS (MIF45) prices in Mumbai

2EHA prices in the Kandla market have registered a fall today.

On August 10, 2021 Petrochem sources reported a fall in imported ABS (HI121H) IM prices in the Mumbai polymer market

Ethyl acetate prices have been announced at Ex-Satyam.

Tight supply coupled with high demand has raised MIBK prices in the Mumbai market. 

8PLL is bringing in a cargo at Cochin on August 10
8IOCL, after a long hiatus, has scheduled a cargo at Ennore on August 21

1.6 million MT of crude offloaded across India in the three days
8A 77k MT shipment for RIL of unloaded at Sikka on 9th August
8Another RIL shipment of 260k MT was also unlaid at Sikka on the 7th
8IOCL’s 265k MT cargo was unburdened at Vadinar on the 7th
8Nayara Energy’s 151k MT consignment was offloaded at Vaidnar on the 9th.
8A shipment of 86k MT arrived at Mumbai and was received by BPCL on the 8th
8Mangalore Refinery received a 91k MT consignment at their New Mangalore port on the 9th
8BPCL’s 263k MT cargo is unloading at Cochin on today
8IOCL’s 282k MT shipment was unlaid at Paradip on the 7th of August

Large quantities of LPG coming in for IOCL
8201k MT of LPG is expected to be received by IOCL in the coming week
The shipments are coming in from:
8Ras Tanura
8Yanbu
8Ras Laffan
8Saudi Arabia

8State-owned ONGC, which is often perceived as a drag on the crude oil and natural gas produced in the country, has actually seen its share in India’s oil and gas production rise over the last three years.

8Oil Marketing Companies (OMCs) left petrol and diesel rates unchanged, even though international crude oil prices saw a decline.

8Customers of Indian Oil Corporation Limited’s (IOCL) LPG vertical, Indane, are just a missed call away from booking an LPG gas cylinder or from applying for a new gas connection.

8Climate change is increasingly becoming one of the most dominant areas of concern globally. With a growing shift towards embracing deep decarbonization, various countries are considering different energy options and transition pathways in moving towards low and zero-carbon economies.