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Total 71 results found. Search for [ Rosneft ]

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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.

BT Online
February 3, 2017
The government is struggling to raise local oil production and imports about 80 per cent of its oil. Prime Minister Narendra Modi in 2015 set a goal of cutting that to 67 percent by 2020.

Reuters
February 2, 2017
India is replacing China as the driver of global oil demand growth and the International Energy Agency expects it to account for a quarter of global energy use by 2040.
PTI
December 11, 2016
Exxon Mobil CEO Rex Tillerson has emerged as the leading candidate for secretary of state in a Donald Trump administration but two top Republican Senators warned that his nomination could face intense scrutiny due to the veteran oil executive's close ties with Russian President Vladimir Putin.
Mail Today Bureau
Mumbai, November 8, 2016
The country's largest private sector lender ICICI Bank on Monday reported a 12.8 per cent decline in consolidated net profit to Rs 2,979 crore for the July-September quarter as it had to make a sevenfold increase in provision for bad loans.
By Anilesh S. Mahajan,Anilesh S Mahajan
Delhi, Edition:November 20, 2016

Oil producer ONGC lost the most market cap in the BT500. But with OPEC talking about production cut and price corrections, the company will hope for a change in fortune.

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
Shares of SpiceJet gained over 4 per cent after the airline major said it planned to add at least three Bombardier and four Boeing aircraft to its fleet by the end of the financial year 2016-17.
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.
BT Online
New Delhi, October 17, 2016
The headline indices swung between gains and losses as investors braced themselves for a tepid quarterly earnings season amid fears of interest rate hike by Federal Reserve in US.
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
October 5, 2016
The cabinet has approved ONGC Videsh's purchase of an additional 11 per cent stake in Russia's Vankor oil fields from Rosneft for $930 million, raising the Indian firm's stake in the project to 26 percent, a government statement said.
PTI
September 28, 2016
The Cabinet today gave its nod to a consortium of IOC, Oil India and BPCL buying stakes in two Russian oilfields for a total of $3.14 billion.
PTI
New Delhi, June 23, 2016
Russia is looking at selling 19.5 per cent of state oil champion Rosneft OJSC, preferably to India and China. "Our companies are looking into the offer. They are mulling if they can take some of that equity. They are looking into it," Petroleum Minister Dharmendra Pradhan said.
Reuters
June 3, 2016
"Saudi Aramco is eager to enter in Indian market, we are finding ways to help them," Oil Minister Dharmendra Pradhan said in Hindi in a live telecast on a government website.
Rajeev Dubey
Edition:June 19, 2016
The RBI and the government are forcing big borrowers to reduce leverage. Some companies are managing it better than others.
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