New benzene prices have been announced at Vizag.

Aniline prices have drifted down in the Mumbai market. 

Toluene prices have been revised at Aegis.

On July 16, 2021, Petrochem sources confirmed that cyclohexane prices have slipped in the Mumbai market.

Acetone prices have moved higher in the Mumbai market.

Domestic market sources reported a fall in Mumbai’s acetic acid prices today.

Toluene prices in (imported tanker load) have drifted down in the Mumbai market. 

PAN prices are increasing in the Mumbai chemical market.

A revision in LLDPE deemed export prices has been announced by RIL.

Reliance Industries Ltd has announced a revision in its LDPE deemed export prices.

8Barely a week into his new job as India’s oil minister, Hardeep Singh Puri has jumped into the rough and tumble of international oil diplomacy in search of market calm as fuel prices soar at home.

8Find out more the latest DAP deal done by Maaden with Indian Potash Ltd and Kribhco
8There is a sharp hike in prices
8And with Rabi nearing and good rains, India cannot wait for long to purchase more DAP, and that will mean prices will rise further

Rossari Biotech Limited: has announced acquisition of Unitop Chemicals Pvt. Ltd. at a valuation of Rs. 421 crore.
8Rossari is a speciality chemical manufacturer, with some 2000 products under its belt, while Unitop manufactures surfactants, emulsifiers and speciality chemicals, mainly catering to the agrochemicals, and oil and gas sectors
8And it looks like Rossari has the appetite for it

8Amines and Plasticizers Ltd started off by manufacturing plasticizers used in polyvinyl chloride (PVC), which derives its ultimate application in the plastic industry
8APL diversified its product profile, producing organic and inorganic chemical compounds like ethanolamines, alkyl alkanolamines, plasticizers, morpholine, alkyl morpholines and gas treating solvents (mainly methyl diethanolamine) and morpholine oxide, which are used in oil refineries, natural gas plants, ammonia plants, petrochemical plants, pharmaceuticals, textile, oilfield chemicals, cosmetics and the agrochemical industry
8Find out how the company is doing now

8Tatva Chintan Pharma Chem Ltd is a diverse chemical manufacturer
8And it is coming out with a public issue at a price band over Rs 1000
Find out more

8Qatar has one of the largest reserves of gas in the world and it is the largest supplier of LNG in the world
8And no wonder therefore that it has king sized plans
8Its capex for the years 2021-25 is a gigantic $85 billion

Change orders are a frequent requirement in the E&P sector unlike in the well-defined midstream or downstream segments.
8But the problem is in the processing of change orders, because it is a change from what was decided in the tender, the approval process for payments is long and tedious
8Solutions have been proffered and change in rules may well be around the corner

8Get a complete roundup of petrochemical price movement today, across all products and all markets
8Find out which prices have changed

ONGC acting CMD Subhash Kumar was found to be surprisingly flexible when addressing worries of equipment and service suppliers in a recent interaction.
8He also took some quick decisions

COVID-19 have led to a lot of complications for equipment and service providers of ONGC
Find out what ONGC's official response is to
8Include pandemics under Force Majeure
8Last four years balance sheet should be given more emphasis than the latest balance sheet
8Since imports from China are banned, API requirement for non-Chinese plants from where equipment could be shipped should be relaxed
8Statutory quarantine under COVID should be treated as "change in law"

8EPC major Sapura came in for sharp public rebuke from ONGC for work relating to the offshore processing platform for KG-DWN block
Find out more

Get the latest update on ONGC's four Multi-Support Support Vessels (MSVs) requirements.
8Find out about the bidders

The shipping industry is getting special attention of the government
8Indian flagged vessels will be supported and even subsidized when looking for business
8Also, seafarers will be supported

8France's TotalEnergies said July 15 its average realized sales price for equity LNG in the second quarter of 2021 was at $6.59/MMBtu, its highest realized price since Q1 2019.

8Oil prices declined on Wednesday after data showed a drop in China's half-year crude imports while expectations for a further tightening of U.S. inventories offered support.