8Indian Petrochem analysts have reported a price drop for Dioctyl Phthalate (DOP) in the Mumbai market

8Indian Petrocherm analysts present at Kandla have reported a cut intToluene (Imported repack) prices

8Get exclusive access to today's complete price matrix from the Mumbai chemical market
8Stay ahead with the latest rates and trends across key commodities and chemicals

8Here's what's happening today in the E&P, midstream-downstream, and CGD section

8VRU will recover propane and butane using staged condensation at -10°C and -40°C with nitrogen purging. This eliminates VOC loss at the storage terminal and enhances LPG recovery yield. Mandated by Toyo’s process licensor package and cross-referenced in PMC final P&IDs .
8Each 6.6 kV and 415 V PCC uses two incomers and a bus coupler with auto/manual failover and 5–10 sec time delay.
8Class A carbon steel welds to be 100% radiographed; Class D alloy pipes must undergo positive material identification.

The Indian gas market is highly competitive. Raising gas demand goes up against a wall of competitive fuels, from propane to naphtha
8Refineries consume gas now in their furnaces because of an improved pipeline grid, and they have gotten off gas when prices were high.
8Find out what is going on now, and what to expect next

Where is the headroom for additional gas demand in India
8When one of India's largest LNG terminal faced a sharp drop in offtake in Q4 because demand dipped.
8Why did it go down? And if it does, what does it say about future demand?

Contract scope demands full-package rigs with high BOP specs, DG sets, and mobility assurance.
8Delays suggest vendors are still fine-tuning cost–tech compliance trade-offs.

8Oil India’s Rs.1,000 Cr+ workover rig tender has now seen its 10th deadline push—from 10 February to 3 June—raising questions over bidder hesitancy, operational feasibility, or potential scope realignment.

8What really is going on Morbi?
8And it looks like Gujarat Gas has a plan up its sleeves

This pure-play LNG player is building a Rs 5000 crore terminal without any sales deals in place
8Is it doing so under pressure or does it truly believe that demand will manifest at sometime in the future?
8Once bitten, twice shy, it wanted to keep its risks low, but then it could not.

8RIL uses ethane as a feedstock for its petrochemicals
8But PLL's petrochemical plant will use propane
8Why is the company making provisions to import ethane then as well?

8While rivals chase the Henry Hub narrative, this CGD company quietly doubles down on Brent-linked deals
8This provides a pricing edge for it over alternative fuels 

The corrigendum mandates OEM-backed undertakings to validate local value addition, distributor technical capacity, and end-product warranty under PPP-MII.
8This reshapes supply-chain liability, creating a direct compliance link from ONGC through EPC firms down to local equipment handlers.
8Bid evaluation matrices explicitly reference these undertakings, making them non-negotiable compliance triggers enforced by both ONGC and the PMC.

Precision Rebuild: BPCL Calls for API-610 OH2 Pump Revamp at Kochi
8BPCL’s revamped pump order demands horizontal centrifugal process pumps conforming to API 610 (12th Ed., OH2 type), integrating seal flushing systems, casing warm-up lines, and skid-mounted auxiliaries—supplied as a single package under tight compliance.
8EIL mandates zero design deviation, with the package covering mechanicals, electrics, instrumentation, spares, and commissioning tools all embedded in one deliverable.
Bina refinery ETP: Revenue incentives made more attractive
8The tender now mandates not just construction but also full operation and maintenance of the ETP for three years post-commissioning—an unusual inclusion that shifts long-term accountability to the contractor. But incentivises him too.
8Also, contractors can now claim 45% of tank-related payments at the pre-fabrication and erection stage, that is a big help
8A rare clarification from EIL confirms that price variation will apply to CS plates used in shop-fabricated tanks—mitigating steel price volatility risks for bidders.
High-pressure heat exchangers: Tender sees third deadline push
8Submission date extended thrice, now due on 09 June—suggesting vendors need more time as well as ongoing design clarifications in BPCL's Bina expansion push.
8347H/321 SS and 2.25 Cr-1Mo combinations in screw plug or breech lock design call for niche vendors with deep fabrication, welding, and testing pedigree.
Bid submission extension for HPCL’s 2040 outlook for IPA and propylene
8A rare full-spectrum market study has been floated to map India's long-term demand-supply and price outlook for IPA, polymer-grade propylene, refrigerant-grade propane (R290), and white oils—setting the stage for HPCL’s future feedstock-linked strategies.
8And bidding time has been extended
BPCL’s CPU Tender Upends Norms with Suspect-Only Design, No Redundancy, and Mandatory O&M
8From ditching standby beds to mandating six-month operations and rejecting inflation-indexed credentials, BPCL’s condensate polishing package resets the rules.
8A design overhaul based on worst-case condensate quality, tighter flow specs, and revamped qualification bars raise both technical stakes and bidding barriers.
Parent company credentials denied for cooling tower by EIL: Indian subsidiaries must qualify alone
8Despite requests, EIL has upheld a strict stance: Indian subsidiaries cannot rely on their foreign parent or group company technical credentials for qualification—forcing independent eligibility proof.
8Bidders cited similar tenders by BHEL and BPCL allowing parent-subsidiary joint credentials, but EIL reaffirmed its position—no change to technical BQC will be entertained
Design standard split: NFPA-12 prevails over NFPA-2001 in fire extinguisher tender
8Technical equivalence argument fails—EIL draws clear line between CO? and inert gas systems, each governed by distinct design standards.
8Despite vendor pushback, EIL holds firm—CO? cum fire alarm panel must include 100% redundancy per Clause 8.1.5, as originally specified in the MR.
Dual bidder contest emerges for key process feed system at Dahej
8Coperion Ideal and Qlar Technology face off for the additive package—an essential unit in one of India's most advanced ethane-propane handling complexes.
Valve showdown: 18 bidders jostle for supply role in landmark Usar PDH project
8A packed field of 18 EIL-approved firms signals high competition for the critical valve procurement package for GAIL’s propane-to-polypropylene complex.
GAIL locks in TPIA for Rs.2.18 Cr to streamline pipeline QA regime
8Bureau Veritas clinches key inspection contract for ongoing and upcoming GAIL pipelines, beating out TUV and ICS with a Rs.1.7 Cr margin.

8RIL uses ethane as a feedstock for its petrochemicals
8But PLL's petrochemical plant will use propane
8Why is the company making provisions to import ethane then as well?

ONGC has introduced a new clause that will carry forward bidder-submitted documents from past tenders into current evaluations.
8Bidders have no right to challenge which historical documents are considered, hardening ONGC’s long-memory approach to vendor vetting.
8This amendment directly shapes bid strategy, making past submissions an enforceable risk item under PMC and ONGC’s scrutiny.

In this tender by ONGC, explicitly prohibits subcontracting of core works—except design.
8Bidders relying on third-party execution for construction, procurement, or installation will be deemed non-compliant.
That is an interesting twist

8Project Name: Narmada (Rajpipla) District City Gas Distribution
8Project Cost: Rs 250 crore Click here for more details

8Project Name: Sirsa, Fatehabad and Mansa District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details

8Publication under PMT (ARUL) Act, 1962 for DNP Ltd.’s Duliajan–Numaligarh Dedicated Natural Gas Pipeline Project [Gazette]
8Publication under PMT (ARUL) Act, 1962 for IGGL’s North East Natural Gas Pipeline Grid Project [Gazette]
8AVTL’s proposed pipeline connectivity to IHBL’s Kandla-Gorakhpur line at Mithi Rohar [PNGRB]
8Annual secretarial compliance report [MRPL]
8Financial results for the quarter and year ended March 31, 2025 [Seamec]
8Conference call transcript [Petronet]
8Earnings conference call transcript [GGL]
8Annual secretarial compliance report [Swan]
8Approval for retail marketing rights granted to Chennai Petroleum Corporation Ltd. [CPCL]

Phosphoric Acid &Sulphuric Acid Greenfield Project
8Cost: Rs. 1800Cr.
8Project Event: The Request for Quotation (RFQ) for the EPC contractor has not yet been issued but is expected to be released in the month of August 2025. In parallel, GSFC has initiated the vendor selection process for major equipment, including sulphur combustors, converters, absorbers, rotary dryers, and pollution control systems. Technical evaluation and specification finalization are currently underway for key packages. Due to extended engineering timelines and pending capital approval, the project’s expected commissioning date has now been revised to 2027.
Urea Revamp Project
8Cost: Rs. 450Cr.
8Project Event:The evaluation of consultants for the feasibility study is in the final stages, with selection expected by July 2025. Preliminary groundwork is progressing steadily, supported by the sanctioned term loan of ₹300 crores from HDFC Bank. Key ongoing activities include site-specific technical assessments, regulatory coordination, and environmental compliance processes. SPIC remains aligned with the gas pool mechanism and is focusing on optimizing the transition to expanded gas-based operations.

8This SSP producer said it made a smart bet: it bought and stored rock phosphate
 8Current news on the latest developments in fertilizer, energy, weather, agriculture [FAI]
 8Resignation of independent director [CFCL]
 8Annual secretarial compliance report for the financial year ended March 31, 2025 [PIIL]
 8Financial results for the quarter and year ended 31st March 2025 [Zuari]
 8Investor presentation Q4 FY25 [Zuari]
 8Press release on financial results for the year ended 31 March 2025 [Zuari]
 8Declaration of dividend for the financial year ended 31st March 2025 [RCFL]
 8Financial results for the quarter and year ended 31st March 2025 [RCFL]
 8Appointment of M/s K.G. Goyal & Associates as cost auditors for FY 2025-26 [RCFL]
 8Change in key managerial personnel [AFL]

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8The price witnessed a movement, find out by how much