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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 ...
Sale of IAE boosts Rolls-Royce profits
Clearly indicating where the company's near future lay, the majority of the orders came from civil aerospace, which made up �6bn of the �9.1bn increase, while defence contributed �0.6bn, marine �2.2bn and energy �0.3bn. ... Meanwhile Qinetiq, the ...
FTSE 100 tumbles as Spanish fears unnerve investors
Essar Energy was down on the day too, slipping 0.3 to 112.7p after Essar Oil, in which it owns an 87pc stake, said it secured a 50 billion rupee loan to help meet a sales tax liability.
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, ...
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.
Education Brings Hope to Dantewada
Various state and central level schemes under the 'Choo Lo Aasman' initiative, especially those run by the tribal affairs department, are supported by Corporate Social Responsibility funds from NMDC [National Mineral Development Corporation] and Essar ...
Analysis: Australia's fuel trade jumps as plug pulled on refineries
Australia is already Asia's top importer of diesel, while combined with rises in jet fuel and gasoline imports in the next five years it is on track to surpass Indonesia as the biggest fuel importer, consultancies FACTS and JBC Energy say. ... Refiners ...
Economics Journal: Why Many Wealthy Indians Live in Decrepit Areas
Many wealthy neighborhoods in cities in North America for example have limited or no access to public transit due to objections of the local residents.
Sierra Leone Issues Oil Prospecting Awards to 9 Companies
Some of the successful companies include African Petroleum Corp., which is focused on offshore prospect acquisition in west Africa, and Kosmos Energy Ltd., which discovered the Jubilee Field offshore in Ghana in 2007. Signet Petroleum, active in Benin, ...
India's Myanmar Fascination
Recently Mikkal Herberg, Research Director for Energy at the National Bureau of Asian Research stated, “We talk extensively about oil supply security and rising prices, but I frankly believe that Asia's real energy crisis is electricity.” India today ...