Essar Oil
With GAIL locked in as CBM buyer, Essar Oil now eyes shale gas
06 Mar 2018
Essar Oil, which was finding it difficult to sell its coal-bed methane gas, is set to sign a deal with GAIL with an assured offtake for 15 years, and is now looking at shale gas extraction from its Rajiganj coalfields
Essar Oil completes $12.9 bn sale of India assets to Russia's Rosneft
21 Aug 2017
Essar Oil today announced the completion of the sale of its India assets, including a 20-million tonne oil refinery, 3,500 retail outlets, and the nearby Vadinar port, to a Rosneft-led consortium
ICICI, Axis, StanChart get back $2.5 bn of Essar loans
22 Oct 2016
ICICI Bank and Axis Bank, which together have an exposure of $1.5 billion in the Ruias-led group, got back $450 million while StanChart with a higher exposure of $3.3 billion received $2.1 billion in cash
Rosneft-led group buys Essar Oil and related operations for $12.9 bn
15 Oct 2016
The all-cash deal encompasses EOL’s 20 million tonne refinery in Gujarat, India, and its pan-India retail outlets
Rosneft-led consortium to buy Essar Oil in $12-13 bn deal
14 Oct 2016
The deal, which includes Essar’s Vadinar refinery, power plant serving the refinery, the Vadinar port and more than 2,500 fuel pumps, is expected to be funded by Russia’s VTB Capital, part of state-controlled bank VTB
.webp)
