Petrochem sources in Delhi have reported a rise in NBA prices.

Tight supply coupled with high demand has raised MX prices in the kandla market.

On March 11, 2022, the Mumbai market witnessed a rise in MEG prices.

High acetone prices were recorded at Kandla today.

On March 11, 2022, Petrochem sources confirmed that octanol prices had risen in the Hazira market.

8Rank outsider is now going to be the CMD of Oil India Ltd

8Look like India Inc is willing to pay a big price for gas as is evident by two sets of bids which have come in for CBM gas from North Karanpura of RIL and HOEC's offshore block

A pruned down Daman Upside offshore gas project is under clearance by ONGC
8Find out what the project will entail, and when can an RFQ date be expected

8Megha Engineering and Infrastructure Ltd has won over Rs 10000 crore worth of downstream EPC contracts in rapid succession
8It is up against a tight schedule, so how is it going through the accreditation process for vendors as it stays under pressure to award contracts to meet deadlines

Project Name: Hassan - Cherlapally Greenfield LPG Pipeline Project (HPCL)
8Project Cost: Rs 2166.38 Cr.                                  
8Project Description: HPCL has taken up the project of laying 649 km, 14 inch of dia, Hassan–Cherlapalli LPG Pipeline project.
Project Name: Kochi-Koottanad-Bangalore-Mangalore Natural Gas Pipeline (GAIL)
8Project Cost: Rs 5909 Cr.   
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8An offshore jack-up rig requirement is coming up

8Who are in the race to become the next OVL MD?

An unseemly battle seems to have broken out between two companies which provide virtual LNG networks
8But the authorities are unwilling to take sides

8An amendment in the law could mean serious trouble for fertilizer producers

Expect shortfall in global urea production as Russia goes to war over Ukraine.
8High gas prices has forced this large European company to curb production

8Look like India Inc is willing to pay a big price for gas as is evident by two sets of bids which have come in for CBM gas from North Karanpura of RIL and HOEC's offshore block

8By selling a cargo of HH-linked LNG at the JKM price today will make GAIL more money than the entire company earns in 4-5 months

Get a very nuanced outlook on the Russia Ukraine war and its impact on the oil markets
8Indian and even the normally adventurous Chinese are holding back purchases

By how much does green hydrogen more expensive than grey hydrogen?
8How much hydrogen is consumed yearly in India?
8And what is the extent of green power needed to cater to this demand?

8HPCL's Chhara LNG terminal seems to face further roadblocks

Petronet LNG's plans include
8An FSRU at Gopalpur (big plans)
8A propane or ethane import facility at Dahej
8Propane fed petrochemical complex at Dahej
8A third jetty at Dahej
8LNG bunkering
8LNG stations (It also claims to have got the necessary regulatory infrastructure in place for this to happen)

8The oil shock is set to intensify with Joe Biden's decision to ban Russian energy imports, tightening economic sanctions after Russia's invasion of Ukraine.

8Asia's liquefied natural gas (LNG) demand growth may cool this year as buyers baulk at record-high spot prices pushed even higher by Europe's shift to the super-chilled fuel amid the Ukraine crisis, analysts and industry sources said.

8In view of the Ukraine-Russia war impacting the fertilizer trade and to prohibit the possible hoarding and black marketing in India, the Centre has issued an order that will attract legal action against manufacturers and black marketers.

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