News & Bulletin Updates

Real time monitoring of multiple drilling rigs is never an easy job
8There were too many loose ends to such a job.

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Jun 12, 2024: E&P activity today

8There has been a fair amount of E&P activity today

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This is a good time for onland rigs owners
8More requirements are coming up, and since demand is higher than supply, expect rig rates to continue moving nothwards

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8EC tells Cairn India to conduct public hearing and CRZ clearance for crucial block

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Nitric Acid Brownfield Project
8Cost:Rs 1950 crore
8Project Event: The company has hired the KBR as the Detail Engineering Consultant, and the study is ongoing, RFQ for the LSTK contractor is likely to be released in Q3, 2024..
Phosphoric acid Expansion Project
8Cost:Rs 50 crore
8Project Event: The Company has obtained environmental clearance for the project. However, the company is facing budgetary issues in hiring the contractor, but internal discussions and negotiations are ongoing. It is likely to be finalized in Q3 2024.
Ammonia-Urea Expansion Project
8Cost:Rs 6506 crore
8Project Event: The Company has submitted the proposal for environmental clearance for the expansion with no increase in pollution load. The company is likely to release the RFQ for the PMC contractor in Q3 2024.
Methanol Storage Tank Greenfield Project
8Cost:Rs 25 crore
8Project Event: The 40 % of the construction work has been completed, the Tank Foundations and Supports works has been completed, Installation of tank is ongoing, also pipe connection work is ongoing, The project is likely to be commissioned at the end of 2024.

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It is only natural for companies to ask for the skies in terms of tariff escalations from the PNGRB so as to be able to land on the treetops
8But here is one instance where the PNGRB boss called their bluff

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8Prices of DOP in Ahmedabad have risen, indicating an upward movement in the chemical market

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8SBS LG501, produced by LG chem, has been experiencing significant price fluctuations over the past month in the Delhi market

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8Over the past month, the price of ribbed smoked sheet (RSS3)—a rubber product extensively used in the automotive, footwear, and manufacturing industries—has shown significant fluctuations in the Delhi market

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8Stearic acid, produced by Adani Wilmar, has been experiencing notable fluctuations after periodic stability in its market price over the past month

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8Triethylene glycol (TEG) produced by Reliance were quoted lower today in the Ahmedabad chemical market

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8Trimethylolpropane (TMP) prices are witnessing an unexpected surge in the Mumbai market

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8The prices of sodium fluoride 98% (technical) In Ahmedabad have recently been experiencing fluctuations, reflecting changes in market demand, supply chain dynamics, and regulatory impacts

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8Get a complete synopsis and price comparison trends here

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8A combination of factors is at work, get the latest roundup prices

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8Prices have shifted according to sources, find out how far the price has moved

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8Find out more about how far the price has shifted

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8Find out more about how far the price has moved

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8Get the price movement for today

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8A decrease in today's price is witnessed, find out by how much

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8Get the price movement for today

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8A combination of factors is at work, get the latest price roundup here

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8Get the price movement for today

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8A combination of factors is at work, get the latest price roundup here

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8Get the latest prices here, including trends over the past month

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