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Essar Energy Ltd news

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Opening Bell | Essar Steel, JSW Energy, Heineken in news
Essar Steel Ltd shares will be under pressure as the steel maker is seeing early signs of a turnaround but is yet to conclude its plans to bring in a new investor and continues to negotiate with banks to complete the refinancing of its debt, reports Mint .
Essar Oil UK to open 400 retail outlets in 3 yrs
He said that Essar Energy Ltd had acquired Stanlow Refinery in 2011, which was struggling at that time. In the fiscal year 2015-16, the company recorded its highest-ever gross refining margin of $9.3 per barrel, increased from $8.3 per barrel during ...
Essar Oil UK posts record net  Hindu Business Line
Rosneft, Essar Oil stake sale deal may include exploration and production assets  Livemint
Essar Power seeks to sell stakes in some plants to reduce debt
The company, a unit of London-based Essar Energy Ltd., has accumulated debt across several subsidiaries that were set up to own and operate projects.
Essar plans to monetize power assets  The Hindu
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 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.
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 shares zoom over 15% on delisting relaxations  Firstpost
Essar investors step up attack on Ruias
The statement on Friday came soon after a committee of Essar Energy's independent directors, led by Philip Aiken, repeated its arguments that the 70p-a-share offer from Essar Global Fund Limited materially undervalued the business. However, the ...
Essar's Minority Investors Hire Legal Adviser  Wall Street Journal
Related articles »  
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 ...
Clairvoyance Energy sells 15.5 lakh shares of Essar Shipping
Essar Shipping closed at Rs 23.65, down Rs 1.05, or 4.25 percent. The share touched its 52-week high Rs 38.00 and 52-week low Rs 15.20 on 05 January, 2016 and 01 October, 2015, respectively.
Essar plans Rs 4000 crore floating LNG unit to salvage steel, power business
Notably, Essar Energy had decided to convert its two gas-based power plants at Hazira and Bhander into coal-based units in 2013 following high cost of imported LNG as well as acute shortage of natural gas.