8E&P work is anathema in South India
8In this particular state, passions are getting inflamed again

8Hydrogen based fuel-cell tenders using electrolysis has begun appearing in India
8And that is good news for those involved with this technology

8Megha has also bagged a contract for the supply of an indigenous rig to Cairn India
Find out more on the type of rig that is being supplied 

Megha is going to be the first company in India to be supplying 2000 HP onland rigs
8It has put in a bid for OIL's 5-rig tender through its subsidiary Drillmec
8Find out more on what Megha has been doing not only on this front but elsewhere in the hydrocarbon sector, both domestically and internationally

EIL expects orders to the tune of Rs 1600 crore
8Find out what the breakdown could be

8E&P work is anathema in South India
8In this particular state, passions are getting inflamed again

8The long anticipated "big" LNG tender is out for gas supply for the quarter

8The demand for potash sits at the intersection of a number of global megatrends
8What is the outlook for potash for 2021?

8A big company has recently commissioned an ammonia plant
8The projected investment cost is around US$900 million

Ammonia-Urea & Captive Power Unit Greenfield Project
8Cost - Rs 7000 crore
8Project Event: All the project activities are still on hold due to second wave COVID-19, the project is likely to be activated in Q2 2021. This is a private sector project, and has been in the offing for sometime now, so we are taking it with a grain of salt.
Ammonia-Urea Energy Saving Project
8Cost - Rs 250 crore
8Project Event: Still, all the project activities are on hold due to lack of funds, Capital approval is still under process. It is likely to be elicited in July 2021. RFQ for the LSTK contractor is likely to be released in August 2021

On June 15, 2021 Naphtha prices moved up in Japan and Europe on account of positive buying trends in the respective countries.

The international crude oil price of Indian Basket was quoted at around $72.18 per barrel on June 15, 2021.

A fall in MIBK prices in the imported market of Delhi was noted on June 15, 2021.

Sulphuric acid prices went down in the Mumbai market.

Domestic market sources reported a fall in Mumbai’s caustic soda flakes prices today.

Today, VAM prices have drifted lower in the Mumbai market.

Caustic soda lye prices at Dahej have been raised.

Phenol prices have increased in the Delhi market.

Imported POM prices are gradually increasing in the Delhi market

On June 15, 2021 the Ahmedabad polymer market saw a rise in ABS (HI121H)  prices today

POM (imported) prices were assessed lower in the Ahmedabad market today

ABS (HI121H) prices have registered an increase in the polymer market of Delhi

ABS (HI121H) prices have registered a sharp rise in the polymer market of Ludhiana

ABS (MIF45)  prices are slowly increasing in the Delhi market

A revision for MDC prices has been announced by GACL.