News & Bulletin Updates

8The International Energy Agency (IEA) said Tuesday a reprieve from soaring oil prices may be on the horizon as output increases.

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8India's Minister of Petroleum and Natural Gas & Housing and Urban Affairs, Hardeep Singh Puri, will address global investors at a round table on Wednesday at the India Pavilion of Dubai 2020 Expo to spell out the government's strategies for accelerating investments in the oil and gas sector.

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8Abu Dhabi National Oil Co. announced Nov. 16 that it will acquire up to $6 billion of drilling equipment as it targets a 25% boost in crude oil production capacity to 5 million b/d by 2030.

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8Crude oil futures were higher in midmorning trade in Asia Nov. 16, rallying from 10-day lows as investor sentiment recovers and the near-term outlook for prices remained bullish.

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8Elevated prices of fertilisers along with shortage of Di-Ammonium Phosphate (DAP) are likely to result in lower usage of the fertilisers in FY22, India Ratings and Research said.

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8The science is clear. For a chance to keep global warming within 1.5º C as stated in the Paris Agreement, global emissions have to nearly halve by 2030, compared to 2010 levels, before reaching net zero by 2050.

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High ethyl acetate prices were recorded in Ahmedabad today.

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Market sources reported a marginal fall in methanol prices in Kolkata today.

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

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A cut in C9 solvent (domestic repack) prices has been noted in Chennai today.

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Petrochem sources have reported a fall in formaldehyde prices in the Kolkata market.

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Petrochem sources reported a significant fall in styrene monomer prices in the Chennai market.

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Acetic acid prices witnessed a huge fall in the Mumbai market today.

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On November 17, 2021, the Hazira market witnessed a rise in butyl acrylate monomer prices.

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Propylene glycol prices registered a sharp fall in the imported market of Kandla. 

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An increase in ethyl acetate prices has been noted in Mumbai today.

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Butyl acetate prices have moved higher up at Hazira.

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Low formic acid prices are reported today in Kandla.

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A revision in benzene prices has been announced at Vizag.

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8A big ethylene glycol plant is now under start-up

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8Plans for a petrochemical cluster has been withdrawn by a state government on protests by farmers
8Clearly, the common man is standing up, and wants not only to be heard but also wants to influence decision making
8Will this be the shape of things to come going ahead?

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8Indian Oil and CSIR are now offering research scholarships

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8Get daily Singapore rubber prices here

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8Deepak Fertilizer chairman speaks about Sailesh C Mehta speaks of how long term marquee investors joining the company through the QIP
8The company, as reported by us earlier, had a subdued Q2, but the future is ahead

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8Tatneft to build NBR and carboxylated styrene butadiene rubber (EXBR) facilities in Russia

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