Small E&P producers have formed an alliance to fight off governmental indifference
8Find out more about what they are doing

8Rs 1200 crore jetty job will be coming up ahead

Ammonia Storage Tank Greenfield Project
8Cost: Rs 100 Cr.
8Project Event: RFQ for the ammonia storage tank with associated facilities has been re-released, and the bid due date has been extended from 21 October 18 November 2022, due to a lack of bidders. In the previous RFQ, Vijay Tank was in the race
Ammonia-Urea Brownfield Project
8Cost: Rs 6000 Cr.
In Barauni, active contracting is still on even as urea production has started.

Get the following midstream updates
8Paradip-Somnathpur-Haldia Greenfield Product Pipeline (IOCL)
8In-line Inspection of Gail Pipelines
8POL Terminal Malkapur Greenfield Project

8The Government has set up a mission to grow the renewable energy installed capacity from 163 GW to 500 GW. 

8The Central government has reduced the windfall tax on crude oil to 9,500 a tonne from 11,000, showed an official notification.

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8Chemicals
8Crude
8LNG
8Fertilizers
8Ammonia
8Coal-Coke
8LPG
8All tankers
8Bulk and Dry cargo
8Port Update

8Fresh NBS subsidy figures have been released

8After the IPL contract, the urea market has quietened up
8But the DAP market is quite active in India

8It is learned that the CCEA is meeting today over a fertilizer-related issue

Petrochem sources from Delhi have reported a huge rise in formaldehyde prices.

Petrochem sources have reported a fall in chloroform prices in the Delhi market.

Butyl cellosolve prices are demonstrating a robust increase in the Kandla chemical market.

An increase in BAM prices was noted at Hazira today.

A cut in VAM prices in the imported market of Ahmedabad was noticed on November 2, 2022.

Petrochem sources from Delhi have reported a rise in glycerine prices.

Petrochem sources reported a significant fall in isophthalic acid prices in the Mumbai chemical market.

On November 1, 2022 the price of crude oil in the US Gulf increased to $88.37/barrel as compared to $86.53/barrel registering a rise of $1.84/barrel.

DTY grade 75D/72F prices firmed up in Mumbai in anticipation of tight regional product avails and improved buying sentiments.

PVC prices in the international market remain unaffected November 1, 2022 reflecting no price change from its previous close.

On November 1, 2022 Naphtha prices picked up in Japan on account of positive buying trends in the respective countries.

Manganese sulfate prices in Ahmedabad strengthened on the back of better demand.

On November 2, 2022, nickel prices fell in the Mumbai market.

On November 2, 2022 Inco nickel plate prices were pushed higher in the Mumbai market.

On November 2, 2022 phosphorus acid 98.5% prices were pushed much higher in the Mumbai market.