News & Bulletin Updates

8What is the latest status on the cyber attack on Oil India Ltd.
8At what pace is the company limping back to normal?

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Ammonia-Urea Brownfield Project
8Cost: 6000 Cr.
8Linde was the L-1 bidder from among a host of bidders, know who they were for this package
8For another package, the last date has been extended
Coal based Ammonia Greenfield Project
8Cost: 200 Cr.
8Project Event: Invitation for Bid has been released for Contractor on Build on Operate (BOO) basis. The bid due date has been extended from 28 April to 20 May 2022

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Super critical power plant: Limestone and gypsum handling plant RFQ ahead
Super critical coal based power plant
8Preparation of tender is in progress for the limestone and gypsum handling plant and its specification is yet to finalize.
8The boiler, turbine, and generator were supplied by BHEL.
Rs 18000 crore Greenfield Off-Stream Closed Loop Pumped Storage: PMC package in July
8This is a massive Rs 18000 crore Greenfield Off-Stream Closed Loop Pumped Storage Project
8RFQ for the PMC package is likely to be floated in July 2022.
Rs 2500 crore hydel project: RFQ for civil works in Q3, 2022
8Preparation of DPR is in progress and it is in the final stage for completion.
8RFQ for the civil works package(lot-1) is likely to be floated in Q3 2022.
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8India is trying to get deeper discounts on Russian oil to compensate for the risk of dealing with the OPEC+ producer as other buyers turn away, according to people with knowledge of the matter.

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8European Union countries will stop importing Russian oil and refined products, the head of the bloc's executive European Commission said on Wednesday in proposing a sixth round of sanctions against Moscow for waging a war on Ukraine.

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8Oil prices edged higher at the start of Asian trade on Thursday, extending gains from the previous session, after the European Union proposed new sanctions against Russia that included an embargo on crude oil in six months.

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8In a valiant attempt to raise funds, this E&P operator in India has been selling shares in piecemeal basis

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8There is now an exact timeline on how long the Chhara LNG terminal will remain an unutilized asset

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What is the latest update on the Russian conflict and its impact on gas prices and gas supply
8EU is planning to replace around100 Bcm Russian gas imports in 2022 in order to wean off Russian gas well before 2030
8And there are now 17 FSRUs proposed
8Europe has also been sucking out Asian LNG imports
8There is a lot of interesting data, and it will give you a thorough insight into what is in store
Meanwhile, it looks like India has become extra sensitive about Russia all of a sudden.
Also, see what are the latest discounts on Russian crude

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In the face of mounting shortage, India seems to be on over active mode when it comes to producing more coal
8In the process, coal gasification too may get an unexpected heads-up
8And ease of doing busienss is likely to get easier for coal gasification projects

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8What is the exact shortfall in CGD demand for CNG in India?
8And how is it sought to be met?

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Accident in Zuari plant
8There were fatalities

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8This former ONGC boss is now with a private company
Find out more

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8As prices have risen, more domestic gas is hitting the markets

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May 05, 2022: Daily import matrices

Get the daily updates for
8Chemicals
8
Crude

8LNG
8LPG
8Ammonia

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8IMARC Group’s latest research report, titled “Indian Fertilizer Market Future Growth: Industry Trends, Share, Size, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

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 The government seems to be saying with confidence that there is enough fertilizers available in the market.
8Without batting an eyelid

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Tight supply coupled with high demand has raised formaldehyde prices in the Chennai market.

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On May 5, 2022, butyl acetate prices moved down in the imported market of Hazira.

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DMC prices in the Mumbai market registered a fall today.

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An elevated trend is noticed in PVA 24-88 prices these days.

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On May 5, 2022, Petrochem sources confirmed that MDI prices had slipped in the Ahmedabad market.

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On May 5, 2022, Petrochem sources reported a significant fall in ferro silicon prices in the Delhi metal market.

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A sharp cut in manganese oxide prices in the Delhi market was recorded today.

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Petrochem sources in Delhi have reported a revision in aluminum plate prices today.

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