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Total 186 results found. Search for [ Essar Oil ]

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PTI
Houston, March 7, 2017
India is moving to the centre stage of global energy market and by the early 2020s it will replace Russia as the worlds third largest refiner, a top official of the International Energy Agency said.
by Anilesh S. Mahajan
Delhi, Edition:February 26, 2017

The government continues to bet on high infrastructure spending to get growth going. It is time to focus on getting the execution right.

By Sumant Banerji
Delhi, Edition:December 18, 2016

In spite of rising prices and some relief from falling imports, the steel industry is struggling to recover.

Joe C Mathew
New Delhi, Edition:November 20, 2016
The Centre's policies have made India an attractive FDI destination, but a more liberal environment would give the much-needed boost to the economy.
Reuters
October 28, 2016
India may turn into a net importer of fuel oil as its state-owned refiners are making multi-billion dollar investments to upgrade their refineries and produce more profitable refined products such as gasoline or diesel.
PTI
October 23, 2016
Reliance Industries, operator of the world's biggest oil-refining complex, has forayed into cooking gas retailing, launching a 4-kg LPG cylinder on pilot basis.
PTI
New Delhi, October 17, 2016
Essar signed agreements on Saturday to sell 49 per cent in the 20 million tonne a year Vadinar refinery in Gujarat, the adjacent port and over 2,700 petrol pumps to world's largest listed oil company.
Reuters
October 17, 2016
The $12.9 billion sale of Essar Oil to a group led by Russia's Rosneft does not run foul of US sanctions imposed against the majority state-owned Russian energy firm, parent Essar Group's CEO said on Sunday. The sale was signed on Saturday. It is the biggest foreign acquisition ever in India and Russia's largest outbound deal.
BT Online
New Delhi, October 17, 2016
The stock of the ICICI Bank rose as much as 5.74 per cent, Axis Bank added 2.54 per cent, while SBI gained 1.74 per cent on the BSE.
PTI
October 16, 2016
Government has formally granted a licence to BP Plc, Europe's third-biggest oil company, to set up 3,500 petrol pumps in India, making it the 10th company to enter the lucrative fuel retailing sector.
PTI
Panaji, October 15, 2016
Rosneft bought a 49 per cent stake in Essar Oil's refinery port and petrol pumps, while Netherlands-based Trafigura Group Pte, one of the world's biggest commodity trading companies, and Russian investment fund United Capital Partners split another 49 per cent equity equally.
Reuters
October 14, 2016
Rosneft will get a 49 per cent stake in Essar and the two investors-European trader Trafigura and a Russian fund UCP-will hold another 49 per cent in equal parts, the sources said, adding that the valuation included about $4.5 billion in assumed debt.
Mail Today Bureau
New Delhi, October 14, 2016
Rosneft will get 49 percent and the two investors -- European trader Trafigura and a Russian fund UCP -- will hold the remaining 49 percent in equal parts. The valuation includes about $4.5 billion in assumed debt.
Reuters
September 22, 2016
Reflecting this trend, state-owned Indian Oil Corp exported diesel for the first time in more than five years and the ramp-up of a new refinery could also temporarily keep exports high after the monsoon draws to a close this month.
Reuters
September 22, 2016
India's diesel exports are expected to hover near a three-year high in September, as monsoon rains reduce the need to use the fuel in irrigation pumps, according to traders and refinery sources.

Reuters
September 16, 2016
India's daily oil imports from Iran in August surged to their highest in at least 15 years as the OPEC producer boosted its shipments to recoup market share ceded to rivals Saudi Arabia and Iraq under pressure from economic sanctions.

PTI
August 18, 2016
India on Thursday discussed ways to recover over $600 million of past dues from Venezuela including recouping it from payments for oil it imports from the Latin American nation.
Reuters
June 16, 2016
India is a net exporter of diesel - which accounts for about 40 per cent of its oil demand - but a jump in imports by state refiners since April helped erode an Asian surplus of the fuel, lifting its regional profit margins to the highest for the year so far at the end of May.
PTI
New Delhi, June 7, 2016
Short of own production, state refiners Indian Oil Corp (IOC), Hindustan Petroleum Corp (HPCL) and Bharat Petroleum Corp (BPCL) buy about 12 million tonnes of diesel annually from Jamnagar refineries of RIL and the Vadinar unit of Essar.
PTI
Mumbai, June 6, 2016
India on Monday said it has offered Saudi Arabia a stake in the mega oil refinery and petrochemicals project proposed in coastal Maharashtra at an estimated cost of Rs 1.5 trillion.
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