8Microscopic ocean plants are shrinking — and tyres are to blame.
8Their oxygen output feeds the planet, but chemicals are cutting it short
8The danger is silent, global, and riding on every wheel
8Even green cars could speed it up

8Global demand for plastics is slipping under economic and policy pressure
8Overcapacity in ethylene and propylene is building from Asia to the Middle East
8Margins are tightening, putting long-term profitability at risk
8Yet producers keep adding capacity, betting against the downtrend

8National mission targets 5 MMT output and 125 GW electrolyzer capacity by 2030
8Industry leaders flag price gaps, tech dependence, and policy bottlenecks
8From Kochi to Paradip, pilot projects hint at potential — if economics align

8Nestlé and IBM are testing algorithms on the factory floor
8Machines are learning to spot flaws before they happen
8The goal: faster lines, less waste, and smarter packaging

8EBITDA up 14% YoY to Rs 13 b on better product mix and lower costs.
8India business jumps 21%, led by seeds and crop protection growth
8Net debt falls Rs 61 b YoY as working capital days improve sharply

8Payout set for September 2, 2025
8Record date fixed at August 25, 2025
8Applies to all common shareholders

8Revenue and profit up 10% YoY
8Aditya Birla Finance loan book jumps 30%
8AUM at Aditya Birla Sun Life AMC tops 5.5 lakh crore

A Bengaluru-based research services firm will hold a virtual investor meet this week
8A single one-to-one session is planned with a leading domestic fund house
8No unpublished price-sensitive information will be shared during the discussion

The plastics maker is set to open its books for the June quarter
8Market eyes will be on margin movements and any fresh cues on order pipelines
8Insider trading restrictions will hold until the results go public

8RCF will present its Q1 performance next week
8Plans for a debenture issue are also on the agenda
8Trading window to remain shut for insiders until mid-August

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

8A report warns of a low margin decade ahead
8It urges Indian firms to shift from organic growth to targeted acquisitions and vertical integration

8Essar Oil & Gas CEO Pankaj Kalra discusses the strategic role of CBM in India's sustainable energy future – CII podcast [Essar]
8Q1 FY26 earnings presentation [GES]
8Great Eastern Shipping announces re-appointments of directors and appointment of secretarial auditors at AGM [GES]
8Resignation of Mr. Sunil Arora as independent director of Jindal Drilling [JD]
8Q1 FY26 earnings conference call transcript [Welspun]
8Investor presentation [IRM]
8Change in senior management [ONGC]
8Earnings call transcript [Vedanta]
8Announcement in respect of letter of award received from Oil India Limited [DIL]
8Chennai Petroleum appoints KFin Technologies as registrar and transfer agent for two years [CPCL]
8Business responsibility and sustainability reporting [CPCL]
8Annual report 2024–25 [CPCL]
8HPCL announces superannuation of Smt Sujatha Londhe as executive director joint ventures [HPCL]
8HPCL and ALNG sign heads of agreement for term LNG supply [HPCL]
8Cessation of director (marketing) and entrustment of additional charge to chairman [IOCL]
8Change in senior management [IOCL]

This high-stakes consulting consulting contract leaves out everyone else
8This is a very big contract for any consultant with a big EMD.
8The point to note is that it will end up entrenching consulting monopolies in India’s hydrocarbon advisory space.
8Not a good idea by any yardstock.

Gas Dehydration Unit (GDU) and Hydrocarbon Dew Point Depression (HC-DPD) operations will streth across Andhra, Gujarat, and Tamil Nadu.
8But new entrants are barred despite increasing interest from them
8Then again, of course, the new bid sees one of the longest PBG durations for O&M work, with no arbitration clauses to back vendors.

8This consultancy tender will bring a good deal of money for the selected drilling consultant
8Earlier, it was ONGC which was introducing consultants between the asset and the contractor, now other companies have picked up from there

8And Pawans Hans is not

8Disregards bidders' operational risk flags

8The winning bid was well below estimate
8Raising eyebrows

No EMD, All Eyes on Compliance: ONGC’s Tubular Inspection Goes Lean and Tight
8The new TPI tender skips bid bonds but adds layers of checks, demanding instant IR turnarounds and deep traceability.
ONGC Calls Bids for Lightning Elimination Systems at Rigs E2000-6 and 8; Stringent Scope, No MSME Relief
8ONGC has launched a time-bound tender on GeM for engineering, supply, and commissioning of Lightning Elimination Systems for two rigs.
8The job demands past experience, no exemption for MSMEs or startups, and imposes a tight 3-month contract window.
8Multiple site-specific reporting officers, concessional GST clauses, and strict bid rules indicate rising compliance pressures.
OIL Finalizes Explosives Management Contract in Tripura; Tight Two-Bidder Race Ends
8Only two players cleared the field for Oil India’s explosives storage and logistics contract in Tripura.
8With minimal bidder queries and just-in-time amendments, this tightly run tender ended with an award — signaling low competition and niche market capture.
Valve Tender Sees 40% Cull Rate, OIL Rejects Outsourcing and Flexi-Staff Models
8Oil India’s calibration tender has disqualified four of ten participants, citing strict experience and infrastructure norms.
8Client’s insistence on in-house labs and graduate engineers has narrowed the field, raising questions on future tendering elasticity.
ONGC Cancels Steam Generator Tender Without Explanation, Fueling Industry Speculation on EOR Procurement Strategy
8The abrupt cancellation of ONGC’s mobile steam generator tender leaves service contractors guessing—whether the Mehsana asset plans to absorb the scope elsewhere or re-float it under new commercial terms.

8Labour gaps are driving farmers to replace manual weeding with herbicides
8Multinationals dominate the fast-growing segment
8But Indian firms are making bold moves
8Pre-emergent sprays are emerging as the growth hotspot

8And the operator had to give way

ONGC Issues Detailed Scope Clarification and Names EPEC as Consultant for Fire Safety Overhaul
8ONGC has fine-tuned the scope, timelines, and consulting authority for its fire protection LSTK tender across 18 sites.
8The move reduces bidder ambiguity but also signals that execution oversight will be tight and expectations explicit.
OIL Pushes Bid Deadline for Mahanadi Directional Drilling Tender to August 19
8Oil India has extended the bid submission deadline for its high-spec directional drilling tender under OALP Mahanadi Basin blocks.
8The move suggests bidder unease around tool certification, personnel qualification, and document intensity. While standard, the shift underlines growing prep time for complex upstream contracts on GeM.
OIL Pushes Radial Drilling EOI Deadline as Tech Complexity Emerges
8Oil India has extended the EOI deadline for its callout-based radial drilling services.
8While no structural change was made, the delay reflects the growing documentation and compatibility demands placed on vendors. This move sets the stage for a high-stakes open tender centered on performance-linked oil recovery in Assam’s depleted wells.
Hydrofrac EOI deadline extended amid tepid vendor response
8A week’s extension to Oil India’s call-out-based hydro-fracturing EOI hints at vendor-side unease. With no structural changes, the silence on payment risks and dry-run liabilities continues. 8The production-linked success clause could reshape contractor participation in India’s aging well campaigns.
Extended Again: Drilling Tools Tender Now Pushed forward
8ONGC's high-spec directional drilling tender for Mehsana Asset sees another bid submission extension.
8Despite its strategic nature and detailed OEM specs, no structural or commercial terms have been altered.
8Delay hints at potential bidder constraints on OEM support or import logistics.

8This year’s Cleveland event goes beyond technical topics
8Training covers negotiation and productivity tools
8Attendees can learn in person with industry peers

The company was hit from two different directions
8And it decided to pull the plug on 5 mmscmd of gas output