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Essar Energy in oil deal with Barclays
Barclays will take control of procurement and existing crude and refined oil inventories at Britain's second largest refinery to reduce the borrowing costs and trim debt levels of its operator Essar Energy. The deal comes nearly a year after Essar ...
Essar, Barclays Reach Oil Supply Deal For UK Stanlow Refinery  4-traders
Total confirms big gas find in Azerbaijan
Total said well results at its Absheron discovery offshore Azerbaijan indicated gas resources of 150bn to 300bn cubic metres, or 5tn-10tn cubic feet.
FTSE 100 tumbles as Spanish fears unnerve investors
Investors were disappointed by the news however, sending the group tumbling 60.4 - or 16pc - to 317p, making it the biggest loser among the mid-caps.
Sale of IAE boosts Rolls-Royce profits
“We continue to invest to support future growth, including our new production facility in Singapore, a new turbine blade casting plant in the UK, a new stator facility in the USA and a new assembly plant for our energy business in Brazil,” he said ...
India's tycoons rally to support world's least successful sporting nation
Mittal and Ambani will be in town for the games, as will a host of other business bigwigs, including Ashok Hinduja, the billionaire Ruia brothers, who own London-listed Essar Energy, and others will also be in attendance. The UK government expects over ...
Indian mobile telecoms: crunch day creeping closer
When is a decision not a decision? When it's taken in India. That at least seems to be the lesson from the latest meeting of a government committee which sat on Friday to decide the price telecoms companies must pay to participate in the re-auction of ...
Analysis: Australia's fuel trade jumps as plug pulled on refineries
The trend will reverberate across energy markets since Australia burns top-quality fuels and a rise in imports means more competition for Europe -- Asia's top buyer of such grades.
PSA invests in development of automation technologies
As part of the program, PSA said that it has already awarded a tender to Singapore Technologies Kinetics Limited and Shanghai Zhenhua Heavy Industry Company Limited, to each develop two AGV prototypes with energy-efficient hybrid technology.
Energy, Nuclear and Uranium: Critical Frontiers in India-Africa Relations
Another private sector company, Essar Energy Overseas Limited has a 50% stake in the Kenya Petroleum Refineries Limited since 2009. Both RIL and Essar have been bidding to acquire assets of British Petroleum in Zambia, Malawi, Botswana, Namibia, ...
TABLE-India Essar's June Iran oil imports soar, break 3 mth trend
Essar is set to become the biggest Indian buyer from the Islamic Republic in July replacing Mangalore Refineries and Petrochemicals Ltd . MRPL's imports may be limited by insurance problems and it may get only one of the five aframax cargoes it planned ...