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Ruias successfully close Essar Energy open offer
India's billionaire Ruias family, which stuck to the 70 pence a share offer in its formal bid for buying out minority stake holders in its London-listed Essar Energy, has finally achieved 99.11% holding following the close of open offer on Friday. Now ...
Essar Oil UK refinances $475-million loan
Mumbai: Essar Group-controlled Essar Oil UK, which owns and operates the Stanlow Refinery in Ellesmere Port in northwest England, has refinanced a loan worth �300 million (about $475 million).
Essar Oil UK secures new long-term working capital facilities for Stanlow ...  Business Standard
Essar Oil to sell 49 per cent stake to Russia's Rosneft for $3.2 billion
"Rosneft and Essar Oil & Gas Ltd / Essar Energy Holdings Ltd, companies incorporated and managed under the laws of Mauritius, have signed a non-binding Term Sheet with regard to Rosneft's participation in the equity capital of Essar Oil Ltd with a ...
Rosneft buys stake in Essar Oil refinery in India  Financial Times
Sebi grants Essar Oil an extension on proposed delisting
Mumbai: Capital market regulator Securities and Exchange Board of India (Sebi) on Friday granted some relaxation from delisting norms to Essar Energy Holdings Ltd on the imminent takeover of its subsidiary Essar Oil Ltd by Russian oil company OJSC ...
Sebi gives more time to Essar Oil to finalise the delisting offer  Daily News & Analysis
Essar Oil gets extension from market regulator on delisting  DEALSTREETASIA
In-house: Singh steps down from GC post at Indian energy giant Essar Global Fund
Raminder Singh, the London-based general counsel and chief compliance officer of Indian conglomerate Essar Global Fund Limited (EGFL), the holding company for Essar Energy, is to depart at the end of the year. Essar's most senior lawyer Singh said he ...
Essar Steel places big bet on US iron ore
Essar recently sold a 49 per cent stake in its main oil refinery to Rosneft of Russia, while in 2013 it took on a new $1bn loan from Moscow-based VTB Bank to fund a controversial delisting of its Essar Energy subsidiary from the London Stock Exchange.
Iran sets deadline for India oil payments
Indian Oil Corp (IOC), which owes over $400 million to Iran, may be the second in the queue followed by smaller payments by HPCL-Mittal Energy Ltd (HMEL) and Hindustan Petroleum Corp. The Indian Express further speculated that use the money to make ...
As US lifts sanctions, Iran wants India to pay oil dues in euros  The Indian Express
Oil & Gas highlights: BG, Shell, BP, Sound Energy, Rockhopper, Bahamas ...
Of the 62 wells drilled, 51 were for Green Dragon with Essar in India accounting for 9 and PetroChina the other two. In total, Greka ... Independent Oil & Gas (LON:IOG) has confirmed a �10mln convertible loan funding deal with London Oil & Gas Ltd (LOG).
Rosneft deal to help Ruias delist Essar cos
However, an Essar Oil statement was quick to clarify on Thursday that Rosneft will pick up a 49% stake in Essar Oil and not Vadinar refinery.
Essar Oil ends 6% up; stock may get delisted post Rosneft deal  Economic Times
Essar Oil gets stock exchanges go ahead for delisting
This is Ruia brothers second attempt to delist Essar Oil after their failed attempt in 2007. Essar Energy Holdings Ltd's January 2007 plan to delist the company in order to gain higher "flexibility in the operations and management of the company ...