News & Bulletin Updates

Bisphenol prices witnessed a huge fall in the Delhi market.

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On December 17 2022, Petrochem sources reported a cut in epichlorohydrin prices in the Mumbai chemical market.

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Toluene prices firmed up at Mumbai in anticipation of tight regional product avails and improved buying sentiments.

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Isobutanol prices have witnessed a considerable fall in the Kandla market.

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Phenol prices moved higher today in the Mumbai chemical market.

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MEK prices registered an increase in the imported market of Kandla.

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Ethylene dichloride prices were up in the Pipavav market today.

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On December 17, 2022, Petrochem sources confirmed that ortho-xylene prices had risen in the Mumbai market.

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On December 17, 2022, BAM prices were much pushed higher in the Hazira market.

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Tight supply coupled with high demand has raised acrylonitrile prices in the Kandla market.

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Robust demand has lifted butyl cellosolve prices in the Kandla market.

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An elevated trend is noticed in styrene monomer prices.

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Petrochem sources reported a significant fall in chloroform prices in the Dahej market.

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8What is the zero date for this 5 MMTPA LNG terminal
When are tenders likely?

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8What is the latest on the PNGRB chairman's slot?

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8The possibility of L&T emerging as a single bidder in some big offshore projects seems to have pushed ONGC to take some pre-emptive action
8Clearly, the new chairman Arun Kumar Singh seems to have been informed or is a party to this decision.
8We have also been told that there is a price bid opening today! Meanwhile, L&T has won a set of additional oil & gas projects

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Ammonia Storage Tank Greenfield Project
8Cost: Rs 100 Cr.
8Project Event: The bid due for the Feasibility study by conducting Impact Assessment and Soil Investigation has been extended from 12 to 19 Dec 2022, Toyo engineering is the single bidder for the 10000 MT double-wall supply with associated facilities on an EPCC- LSTK basis. The project is likely to be commissioned in Q2 FY 2023-2024.
Ammonia-Urea Brownfield Project
8Cost: Rs 6000 Cr.
8Project EventRFQ for the HURL township has been extended from 15 Dec 2022 to 3 Jan 2023. RFQ for the additional Dryer unit has been cancelled. The production at the complex has been started in Feb 2022 with 60 % of the production capacity is now on. The construction of the railway line is not completed yet. the complex will transport the urea through the Truck

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8The first big test of popularity for the Oil India Ltd CMD is just up ahead
Will he be able to live up to expectations?

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8There is a lot more cooking in ONGC than is apparent to the naked eye
8There is a whole lot of action ahead for this giant, it seems, not just the appointment of a new boss

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8Paradip LPG Import Terminal Expansion Project (IOCL)
8IOCL Mundra - Panipat Greenfield Crude Oil Pipeline (P-25)

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8The PNGRB is refusing to play ball with recalcitrant players anymore

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8Our latest data that we carry daily on our site on LNG throws up an alarming and starling picture

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The existing Standard Bidding Document has been reviewed and updated with best practices adopted across the industry. 8The Bidding Document makes Project Management and Monitoring, Scheduling of Work, Price Evaluation, Payment Advice, Flagging of Issues and Dispute Resolution simpler and easier, thereby enhancing the ease of doing business

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Dec 16, 2022: India Steel 2023

8The international exhibition cum conference on the steel industry will be held from the 19th to the 21st of April 2023

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8The Saudi Arabian Oil Company (Aramco) and TotalEnergies have taken the final investment decision for the construction of a world-scale petrochemical facility in Saudi Arabia

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