8A phosphoric acid cargo is coming in tomorrow
8Indorama is the importer

8A very small toluene cargo is waiting at Kakinada
8Only 879 tonne is the cargo weight

8Three chemical shipments are being brought in by Pon Pure
8All of them to unload at Ennore

8Philips Black Carbon is importing a cargo of CBFS
8Find out more on this shipment

8A joint cargo of acetic acid and ortho xylene is berthing at Mumbai
8Brought in by Various

8A LAB shipment is coming in
8BK Sales is importing it from Santos

8The fertilizer cooperative IFFCO Managing Director Dr U S Awasthi took stock of the Nano Urea manufacturing plant site at its Paradeep unit in Odisha last week. The biggest Nano Urea plant is being planned here in Paradeep.

A proposal to get ONGC to divest its nomination assets has not found favor with the powers that be.
8The petroleum ministry is averse to the idea
8Find out more on what the behind-the-scene politics is over this proposal

Sinopec Maoming Petrochemical, has brought its LLDPE plant on-stream.

In the midst of a severe shortage of vessels, ONGC is under pressure to place order for the hiring of additional vessel
8There is a 14-vessel tender currently on
Find out what is the latest status report on it

On July 14, 2021 naphtha prices moved up in Japan and Europe on account of positive buying trends in the respective countries. 

The international crude oil price of Indian Basket was quoted at around $74.97 per barrel on July 14, 2021.

8One of the country's leading shipping company has withdrawn its vessels from ONGC's 14-vessel tender, claiming that it cannot keep waiting for the E&P major to open its bids
8This is expected to be a setback for ONGC, even though there are quite a few vessels in the tender to chose from

On July 14, 2021, dioctyl phthalate prices registered a rise in the Chennai market.

The oil & gas storage space is seeing some active private sector participation.
8A first-mover Indian company has now got equity participation from one of the world's largest names in the business
8The premium at which the stake has been sold is high but this is an exclusive space, the wriggle room is small, and entry barriers are huge
8For a multinational to get a toehold the price paid must indeed have been hefty
8So clearly, intrepid entrepreneurs are making a lot of money in the midstream space

A Chinese producer is heard to have announced its offer for PET in India.

On July 14, 2021, acetone prices were assessed lower in Chennai.

The politics of pipeline development in India is hemmed with intricacies, and the need to preserve monopolies will always be a never-ending quest.
8Here is one gas terminal seeking pipeline connectivity, and this is being opposed tooth-and-nail by another
8Eventually, the regulator has to decide how to go-ahead

Processes are being simplified by the petroleum ministry
8A set of new simplified processes have been put in place for E&P, and these could not have been notified without the sanction of the minister
8Clearly, while on the learning process, the minister is signaling that doing business in the petroleum sector should be made easier than before
8That is a good sign indeed

Fresh Polyethylene Terephthalate is being offered in India

The environmental clearance process is still going on for this evacuation pipeline from the LNG terminal
8And it will take quite a while from approval to actual commissioning
8Know more about the kind of environmental issues that the operator will have to sort out

8IT company HCL Technologies has signed a global agreement to provide digital transformation and managed services to The Mosaic Company
8HCL will manage Mosaic's global application and infrastructure environments to enhance the company's ability to drive growth in the marketplace

8BPCL now has a 100% stake in Bharat Oman Refineries Limited (BORL), which was recently increased from 63.38%, as BPCL purchased the stake from Oman Oil Company
8Rating companies find this development to be positive
Find out why

IOC will be needing a fresh lot of directors
8And the process of selecting them was delayed
8But the PESB logjam is now getting over
8Find out who are in the race for one such slot for which interviews are to take place this month

8A spike in fuel prices, which are near record highs, is not just impacting the inflation number but may be forcing consumers to cut nondiscretionary spending, including on health, as it eats into their consumption expenditure, a report by the State Bank of India’s research wing has said.