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The company in a statement said it is "expecting to sign deal to acquire Stanlow - UK's second biggest refinery - from Shell over the next 10 days, by March 31."

Rural Electrification Corporation  has recently raised US $500-million through a bond issue in the international market.
Energy prices tumbled on Tuesday as investors flocked to the U.S. dollar as a haven in the wake of the growing nuclear crisis in Japan.
Coal Minister Sriprakash Jaiswal on Thursday said his ministry has received environment clearance in writing for Coal India's 14 projects.
Oil prices are tumbling after Libya's foreign minister declared a cease-fire and said the government would stop military operations.
Officials with direct knowledge of the development said Reliance has projected maintaining the current production levels during 2011-12.