News & Bulletin Updates

8An EOI was issued for a consultant to to assess the performance and identify gaps in performance of global/regional and Indian players

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8Bridgestone Corp has appointed two joint global chief operating officers (COOs) reporting to global CEO Shu Ishibashi, with effect from 1st May

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8The CEO of the company explains how they will grow their production to this year and next despite the permanent closure of their butadiene plant following a 2019 explosion

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8The company is temporarily resuming production of passenger tires for the local market at its Russian plant to fulfil their duty to care for their employees in Russia

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8Emissions of volatile organic compounds from a tire factory in Finland are above the maximum allowed level

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8French rubber industry association recorded sustained rises in raw materials prices throughout the first quarter of 2022

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8Get the latest rubber prices for Singapore

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How efficient are Indian's refinery and petrochemical projects?
8Compared to their global counterparts?
Find out more on what the government is trying to do about ensuring that they are

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8This refinery project will see a re-tender of its main packages
8Prices quoted were found to be too high

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Besides the Aegis group, there a bunch of other terminals in India. And among them are
8Paradip International Cargo Terminal
8Kandla International Container Terminal
8J M Baxi Ports & Logistics
8Delhi International Cargo Terminal
8Visakha Container Terminal
8All of them on overdrive now, after Aegis obtained huge valuation on its assets

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8This public sector director's slot will be filled up today
Find out who are in the race and for which company

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The problem with Indian companies is that they sometimes consider themselves outside the rule of law (in terms of commercial decisions) or the rule of proportional demands.
8While every commercial entity is entitled to look for terms which are most beneficial to them, Indian companies are seen as being more pushy or demanding than others
8And here is an LNG company seen as being so by its supplier

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8Giving a clarification about the recent cyber-attack in the company's IT systems, Oil India said that a malware threat was noticed by the company's officials and reported, but it did not have any effect on its operations.

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Apr 21, 2022: Gas bidding coming up

8Another domestic gas production is coming up for bidding ahead

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The gas dehydration business earlier had some standard players at work
8But now the field has become intensely competitive

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8Top officers in this E&P company is being reshuffled

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Apr 21, 2022: Briefs

8ONGC's KG-DWN-98/2 block is still facing teething problems
8What is the latest status on HOEC's B-80 block, has it started working yet
8Also, a 105 well E&P programme has been drawn up by ONGC. Find out more
8There is a new director in Oil India Ltd. Know more
8Find out more on US LNG that has come to India

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8India's crude oil production fell 2.67 per cent in the fiscal year ending March 31, as state-owned ONGC produced less than the target, but natural gas output rose helped by KG production by Reliance-BP.

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8World Bank President David Malpass has welcomed India's move to begin selling oil from its stockpiles, asserting that the world needs to take important steps to address the current set of crises.

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8Oil prices traded higher but in a narrow range on Thursday, after being rocked earlier in the week by supply losses from Libya and a worrying outlook for demand as the International Monetary Fund cut its global growth forecasts.

 

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8Australia, Britain, Canada and the United States have imposed outright bans on Russian oil purchases following Moscow's invasion of Ukraine, but 27 members of the European Union have been unable to agree on the embargo.

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In the past one year, these are price movements for fertilizers:
8The price of Urea (FOB) has increased by about 58.51%
8That of DAP (CFR) has increased by about 83.33%
8MOP (CFR) price has increased by about 138.87%
8Phosphoric Acid (CFR) saw a hike of  about 92.45%
8Rock Phosphate (CFR) has increased by about 99.04%
8Ammonia (CFR) has increased by about 162.34%
8Sulphur (CFR) by 83.77%

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8Centralized planning will always show a rosy picture
8As in this case, where despite pressures, what is shown is that there is enough fertilizers currently to take care of the contingencies immediately ahead

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Nano Fertilizer Greenfield Project
8Cost: 225 Crore
8Project Event: Still, the studies are ongoing, The project is still waiting for environmental clearance, and RFQ for the Process licensor as well as the LSTK contractor is likely to be released in June 2022.
Ammonia/Nitric Acid/SOP Greenfield Project
8Cost: 200 Crore
8Project Event: The EIA studies are on hold due to financial issues, RFQ for the LSTK contractor for the ammonia plant is likely to be released in Q2 FY 2022-2023

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8Russia has increased the export quotas for Russian producers of mineral fertilizer by almost 700,000 tons and that of nitrogen fertilizers was increased by 231000 tons, media reports said.

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