If the US-Iran ceasefire holds, the markets may see some recovery. The movement of crude oil prices and its impact on the markets supports ...

The Strait of Hormuz closure is impacting Asia's chemical industry, pushing India to emulate China's coal-to-chemicals model for energy and...

Given the latest news flow from the Gulf region, the probability is high that we might once again see the bulls attempting a comeback. As u...

As far as India is concerned, the biggest pain point from the US-Iran war in the Gulf region has been the spike in the prices of not only o...

US-Iran war news: Traffic through the Strait of Hormuz remained limited on the first full day of a U.S. blockade of Iranian ports, despite ...

A third Iran-linked tanker entered the Gulf today. This occurs on the first full day of a US blockade on ships going to Iranian ports. The ...

The US military will block ships entering or leaving Iran's ports. This action will stop about two million barrels of Iranian oil daily fro...

India's chemical exporters are struggling despite a ceasefire. Supply chains remain disrupted, and costs are high. Shipping through the Gul...

Jindal Steel has successfully used syngas in its galvanizing and color coating furnaces. This move counters shortages of natural gas, LPG, ...

India has waived customs duty on key petrochemical imports until June 30. This move provides relief to sectors like pharmaceuticals, chemic...

India's pharmaceutical industry faces ongoing concerns about securing essential petrochemical supplies due to the West Asia conflict. While...

Indian drug makers face a critical shortage of essential raw materials. Pharmexcil has asked the government to divert supplies of propylene...

India has notified Green Ammonia and Green Methanol Standards, setting emission thresholds for classification as 'Green'. These standards, ...

India is gearing up to scale green methanol output, with the renewable energy ministry preparing a tender for 500,000 tonnes per year. The ...

After a detailed discussion, both sides agreed that a feasibility study would be conducted and a joint group would be constituted comprisin...

Underlining the importance of waterways, the minister said the Centre has taken up their development as the highest priority.

The company is presently producing 100 TPD methanol and 100 TPD Formalin, which is sold in Eastern and Northern India besides being exporte...