News & Bulletin Updates

Oil prices fell on Friday, extending losses for a sixth day as a new wave of COVID-19 infections wash across Europe, spurring new lockdowns and dampening hopes for a recovery in demand for fuels anytime soon.

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India is facing a "challenge of high fossil fuel consumption", a senior official said on Thursday, stressing the need for adopting non-polluting electric vehicles to contribute to energy goals. Climate change is a growing challenge the world over and there is increasing momentum for the transition towards a low carbon economy, Vivek Kumar Dewangan, Additional Secretary, Ministry of Power said.

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The IRR on oil & gas projects over the past 5 to 10 years
8And in relation to IRR on renewal projects
8The data is a real eye-opener

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The advantage just now lies with CNG stations when it comes to settling up LNG dispensation stations
8The boil-off can be sent off to the CNG station
8And some established players are already taking the cue

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A gas requirement has come up for the short term
8Around 17 msmcmd of gas is needed

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8A host of deals are getting signed to make ammonia and for fertilizer use

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What exactly is the actual cost of the Barauni fertilizer plant
8Since it is coming up in an existing site, it was meant to cheaper but is it?

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Ammonia-Urea Energy Saving Project    
8Cost - Rs 250 crore
8Project Event: The feasibility studies are still ongoing, RFQ in April 2021
Natural Gas Firing System Greenfield Project       
8Cost - Rs 15 crore
8Project Event: RFQ for the Design Engineering Manufacturing Inspection Testing Packing Supply Erection Commissioning of NG Firing System with RLNG for Utility Boiler II has been out and the bid due date is 29 March 2021.

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8A new DAP tender is out

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On March 19, 2021, styrene monomer prices moved down in the imported market.

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The international crude oil price of Indian Basket was quoted at around $65.19 per barrel on March 19, 2021.

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On March 19, 2021, butyl cellosolve prices drifted down on the back of weakening demand and shortage of supply in the Kandla port.

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VAM prices have increased in the Mumbai market today.

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The Mumbai polymer market witnessed a decrease in DBP price today.

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Toluene prices have been revised at Hazira.

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A revision in butyl acetate has been announced at Kandla.

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A fall in Aniline prices has been quoted in the Mumbai market.

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Prices for chloroform have been revised at Dahej.

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Mar 19, 2021: DEG prices revised

A revision in DEG prices has been announced at Hazira.

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On March 19, 2021, styrene monomer prices drifted lower in the imported market of Mumbai.

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On March 19, 2021, the purchase trend for ABS prices remained unchanged in the polymer markets of Mumbai, Delhi, Ludhiana, and Ahmedabad.

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On March 19, 2021, HDPE Blow Moulding prices went down in the Indian domestic market.

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8Mitsui Chemicals is in plans undertake a planned shutdown at its melamine unit

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8Zhejiang Dushan Energy, is eying maintenance at its PTA plant

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8Kellin Chemical is likely to take its IPA plant off-stream

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