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Russia's Rosneft to buy 49% stake in Essar Oil
Rosneft, the world's top listed oil producer, and Essar Oil & Gas Ltd/Essar Energy Holdings Ltd, companies incorporated and managed under the laws of Mauritius, had in July last year signed a non-binding Term Sheet.
Essar reaches coal bed methane milestone
“CBM offers a new energy frontier as India evolves to a gas-based economy. Delivering one million m3/d from Raniganj Block marks the beginning, as the potential is tremendous and the company has definitive plans to ramp up CBM production from 350 ...
Gas boost for Rs 6000cr fertiliser plant  Calcutta Telegraph
Essar wants incentives for gas production in CBM block  Economic Times
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
Ruias plan to sell another 25% stake in Essar Oil
Ruias plan to sell another 25% stake in Essar Oil. By PTI | Jul 01, 2016, 05.27 AM IST. Post a Comment. READ MORE ON � Rosneft | ONGC Videsh Ltd | Oil India Ltd | Essar Oil. The Ruia family is looking at selling another 25 per cent stake in the company ...
Trafigura Said in Talks for Stake in $6.5 Billion Indian Refiner  Bloomberg
Cairn, ONGC, Essar benefit from pre-NELP contract extension
The Union Cabinet's decision on Wednesday to grant extension to production sharing contracts for 10 blocks will benefit Cairn India Ltd (CIL), Oil and Natural Gas Corporation (ONGC), Essar Oil, Focus Energy, Hindustan Oil Exploration Company (HOEC), ...
Pre-NELP contract extension to benefit Cairn, OIL, Essar  Indiainfoline
Greka Drilling rigs are on their way to Essar's CBM field
Greka Drilling Ltd (LON:GDL) has started mobilising two rigs destined for Essar Oil's Raniganj East Block in West Bengal, as per February's contract award.
Essar Oil-Rosneft deal likely to escape capital gains tax due to Mauritius treaty
Essar and Rosneft statements on 15 October indicated that shares of the Indian company are being purchased from Essar Energy Holdings Ltd and Oil Bidco (Mauritius) Ltd—companies incorporated and managed under the laws of Mauritius. “The parties ...
Standard Chartered Moving Past India Woes With Essar Payment  Bloomberg
Essar sale signals a push to deal with India banking problems  Financial Times
Essar Power expects to make profits in FY17
Essar Power Gujarat Ltd (EPGL), which owns and operates a 1,200 mw imported coal fired thermal power plant at Salaya in Gujarat meets 9 per cent of the Gujarat's overall power demand.
Rosneft deal: Billionaire Ruia brothers' stake in Essar Oil may fall below 10%
MUMBAI: Billionaire brothers Shashi and Ravi Ruia are likely to end up owning less than 10% of their flagship Essar Oil refinery after selling a controlling stake to Russian energy giant Rosneft PJSC and a smaller one to global commodities trader ...
Putin visit: Essar Oil lenders await Rosneft deal  Times of India
Rosneft to close Essar Oil deal in a few weeks
According to the two definitive agreements that have been signed, Essar Energy Holdings and Oil Bico (Mauritius) - the controlling shareholders of Essar Oil Ltd - will sell 49 per cent stake to Petrol Complex Pte Ltd (a subsidiary of Rosneft Oil ...
Rosneft looks to complete Essar Oil deal in 'next few weeks'  Economic Times
We will close Essar Oil deal in a few weeks: Rosneft executive  ETEnergyworld.com