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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.
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, ...
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.
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.
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.
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. Diesel ...
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.
Alcatel Lucent opens new R&D facility in Chennai
CHENNAI: Network equipment and services provider Alcatel Lucent on Monday announced the opening of its new research facility in Chennai.