8In a bid to boost customer engagement and reward consistent buyers, OPaL has unveiled special incentives for its Polypropylene (PP) and Polyethylene (PE) products for April 2025

8SBS prices in the Delhi market were assessed lower today

8Sasa Polyester Sanayi, a leading Turkish petrochemical company, is set to expand its portfolio with a new 300,000 tons per annum (KTPA) acrylonitrile production plant in Yumurtalik, Turkey

8According to Indianpetrochem analysts, the Choline Chloride 97% (Feed Grade) market has witnessed a price decline today

8Vinyl Acetate Monomer (VAM) imported tanker load prices at Kandla Port have declined today after a short phase of price stability

8Ethyl Acrylate prices have once again declined in the Mumbai market today, following a short period of stability

8Styrene-acrylic latex prices have fallen sharply in the Delhi chemical market

8Today, the Bangalore market witnessed a cut in LLDPE (F19010) prices

8On April 18, the price of ABS Grade HI121H in the Delhi plastic market saw a modest increase

8ABS Grade - 920 prices were quoted higher in the Ahmedabad m

8April 18, 2025, saw a cut in Delhi's domestic intact anionic surfactant prices

8Explore the latest bulk chemical prices from the Mumbai market, updated for today
8Stay informed with comprehensive insights into key commodities and trends

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

8PNGRB determines provisional tariff for NEGG pipeline operated by IGGL under NGPL tariff regulations, 2008 [PNGRB]
8APM gas allocation reduced by 20% effective April 16, 2025; offset by new well gas allocation [IRM]
8Appointment of Dr. Ankur Baruah as director (human resources) [OIL]
8Appointment of Shri Saurav Mitra as director (finance) & chief financial officer [Petronet]
8GAIL submits annual disclosure to centralized database for corporate bonds [GAIL]
8HOEC awarded Mumbai offshore block MB/OSDSF/B15/2024 under DSF bid round 2024 [HOEC]

Why did this OIL tender for cementing services attract a single bidder
8It is simple: the tender was wrongly framed
8The tender’s combination of small volume, high spec, tight timelines, locked in supply chain and hefty liability tilts the economics so steeply that it’s rational for everyone except one contractor to sit it out
8Hence the single bid outcome
8It is no longer possible for such tenders to come out without attracting a lot of criticism

The North East of India has pushed alienation from the mainland into an art form
8And the central government, not knowing how the region works, is always trying to assuage "hurt" feelings.
8New pipeline tariff rates have been set for the North East grid, and if the actual rates were implemented, it would have been a whopping three times higher

This is India’s first 100 % Drop-In Jet-Fuel  project and it bets on Waste Oil Route
8The company however will will piggy-back on its Hydrogen and Flare Systems
8In the hunt for the feasibility cum technology assignment job, it does not want to short list the names of licensors from whom to select, and wants to keep the field wide open
8And the company wants the consultant eat the full LCA Homework as it sees compliance as the biggest risk

There are two ways to fuel a green flight:One bets big on a waste-oil using best-in-class technology, while another rolls the dice on a Rs 450 crore indigenous pilot.
8One leans on existing hydrogen, making it not entirely green, the other builds from scratch.
8Both could rewrite India’s jet-fuel playbook—if the teething troubles are settled.

Another slip can’t be ruled out
8So will OIL have to relax some conditions
8Strategic consequence: every month the survey timeline slides, so does the timeline for the rig for PARAM-AN-1 & MN-PARAM-2 locations must also slide, pushing everything behind

This offshore rig O&M contact attracted just one bidder
8And it ran away with a Rs 285 crore award
8Find out why it is not surprising to have just one bidder for this kind of work

8Here is a Rs 3,700 crore, 656 development well programme that ONGC will be embarking on shortly
8And we have estimated how many rigs may at best be deployed in this asset, taking into account the fact that the asset already employs eight drilling rigs and 13 workover rigs. We have worked out a feasible roll out and per year requirement
8A public hearing is upahead soon, and approval will be round the corner, and soon tenders will come out

Bentonite Sulphur Expansion Project
8Cost: Rs. 1Cr.
8Project Event: RFQ has been issued for the fabrication, erection, and installation of equipment, pipelines, structures, platforms, and cable/pipe racks for the new Pastillation Unit. The bid due date is May 7, 2025.
GSSP/GBSSP/GZSSP/GPG/BSP/BSG Expansion Project
8Cost: Rs. 48Cr.
8Project Event:Internal planning for the expansion project has been finalized, and discussions with a local contractor are in the advanced stages, It is likely to be finalized by June 2025. Environmental clearance has already been obtained, and pre-project activities such as site preparation and utility planning are currently in progress
Ammonia Revamp Project
8Cost: Rs. 910Cr.
8Project Event: The RFQ for the EPC contractor has been released. The bid due date was initially set for April 18, 2025. However, due to a lack of suitable bidders, the deadline has been extended to May 17, 2025. A study has been conducted, and the final report has been submitted. It focuses on revamping Ammonia Line-I and Line-II to enhance energy efficiency.
Effluent Treatment Plant Upgrade Project
8Cost: Rs. 100Cr.
8Project Event:Due to ongoing clarifications sought by prospective bidders, the bid submission deadline for the Effluent Treatment Plant Upgrade Project has been further extended from April 18 to May 2, 2025. This follows earlier revisions from the original date of March 18 to April 8, and then to April 18, reflecting the project's commitment to a competitive and well-informed selection process for appointing the LSTK contractor.

8Review of organic fertilizer and its role in organic farming – a paper
8HURL invites CFR FO offers for procurement of NPK 15:15:15 and APS 20:20:0:13 fertilizers [HURL]
8Current news on the latest developments in fertiliser, energy, weather, agriculture [FAI]
8Relaunch of Industrial Economist magazine in print and digital formats [KICL]
8Change in management [RPL]

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8The Phosphorus Acid market in Mumbai has seen a price correction, as per updates from Indian Petrochem analysts. Despite consistent industrial demand, supply-side realignments have led to a modest dip in domestic pricing