Corrosion is a big issue in the oil & gas industry
8And an industry get together is ahead

NPK Fertilizer Expansion Project
8Cost: 50 Cr.
8Project Event: RFQ for the LSTK contractor is likely to be released in September 2023 due to a delay in the internal discussions.The term loans from the State Bank of India and Export-Import Bank of India have been availed for financing the NPK project. The project has been elicited environmental clearance in September 2019,
Ammonia-Urea Energy Saving Project
8Cost: 250 Cr.
8Project Event: The feasibility study is still ongoing, RFQ for the LSTK contractor is likely to be released in at the end of August 2022 in place of July 2022, due to delay in the discussion

The latest GST changes as recorded by the GST Council on 28th and 29th of June will have an impact down the oil company value chain.
8Find out how this is being dealt with

8This E&P company is starting its re-frac work

8Now that bids have come in for offshore vessels  in ONGC, more requirements are coming up

8OIL India Ltd has cancelled the contract after awarding it for this rig tender

8Project Name: Surendranagar District City Gas Distribution
8Project Cost: Rs 250 crore
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8Project Name: Rajkot District City Gas Distribution
8Project Cost: Rs 200 crore
Get in touch with us should you need more information

8Oil prices fell on Tuesday, taking a breather after surging more than $5 a barrel in the previous session as a plunging dollar supported buying interest and on expectations the U.S. Federal Reserve's interest rate hike may be less than thought.

8Russia is seeking payment in United Arab Emirates dirhams for oil exports to some Indian customers, three sources said and a document showed, as Moscow moves away from the U.S. dollar to insulate itself from the effects of Western sanctions.

8A hefty “windfall gain tax” slapped on domestic oil producers from July 1 to bolster the central government’s coffers could cause irreparable harm in the long run by stifling much-needed investment in the country’s upstream sector and turning away potential new players.

8Gujarat State Fertilisers and Chemicals (GSFC) on Monday said a leakage problem has forced the shut down of its urea-II plant in Gujarat.

Butyl carbitol prices were assessed lower in the Kandla market today.

On June 19, 2022, Petrochem sources reported a fall in phenol prices in the Mumbai market.

Petrochem sources, on July 19, 2022, confirmed a fall in toluene prices in the Hazira market.

A cut in NBA prices in the imported market of Kandla was recorded today.

Robust demand has lifted acrylonitrile prices in the Mumbai market.

Petrochem sources reported a significant fall in ortho-xylene prices in the Delhi chemical market.

Phthalic anhydride prices have witnessed a considerable fall in the Kolkata market.

Aniline prices were quoted lower in the Mumbai chemical market today.

Carbon black grade N220 prices have moved significantly higher in Ahmedabad.

On July 19, 2022, Petrochem sources reported a cut in SBR grade 1712 prices in the domestic market of Delhi.

CIIR grade139 prices have moved significantly higher in Ahmedabad.

Electrolytic copper rod prices were much higher in the Mumbai market today.

A significant fall in manganese sulfate prices in the Ahmedabad market was recorded today.