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Essar Energy in oil deal with Barclays
The deal comes nearly a year after Essar Energy completed the purchase of Stanlow near Ellesmere Port in Cheshire, which has a refining capacity of 296,000 barrels a day, from Royal Dutch Shell for $350m.
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, ...
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.
Has Essar's proximity to Modi become too taxing?
Essar, a leading player in energy, ports, steel and other businesses, though, has not been a part of any of these high-level delegations.
John Energy start drilling programme at GSPC-GAIL's NELP VI
John won the three-well assignment in April against competition from Essar, Quippo, Deep Industries and Shiv Vani. GAIL and GSPC each hold a 22.22% stake at the block; HPCL has 22.22%, BPCL, Hallworthy shipping and Nitin Fire Protection System each ...
Essar Steel begins work to reroute the longest slurry pipeline
The company gets iron ore from NMDC Ltd and feeds it to the benefication plant in Kirandul. Afterwards, the ore is sent to the pellet plant in Visakhapatnam via the pipeline.
IndianOil to set up refinery in Sri Lanka for Rs 20000 cr
Indian Oil Corporation (IOC) will set up its first refinery outside India with an investment of up to Rs 20,000 crore in Sri Lanka.
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.
Chhattisgarh govt renews MoU with Tata Steel
Munat said the state government was also considering the application of Essar Steel requesting renewal of it MoU singed in July 2005.
Eight Indian companies in Fortune 500 list; IOC, Reliance lead pack
Fortune's global list of world's 500 largest companies for 2012, compiled on the basis of latest annual revenue figures, is topped by Royal Dutch Shell ending the retail major Wal-Mart Stores's two-year winning streak.