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Latest Articles in essar oil

Essar Oil UK Forms Advisory Council To Bolster Corporate Governance

The Council will have barrister Sue Preverzer QC, former president of BHP Billiton Europe John Grant, corporate financer Richard Heald OBE and former Essar Capital managing director Sanjay Mehta.

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Essar Power Hazira Net Zooms 113 % To Rs 128 Cr In FY21

The total income of the company stood at Rs 427.19 crore in 2020-21, as compared to Rs 419.52 crore in 2019-20.

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Essar Shipping Board To Meet Again To Approve Financial Results

The Essar Shipping had reported higher consolidated net loss at Rs 181.88 crore in the third quarter, ended December 2020 against a net loss of Rs 95.29 crore in the corresponding period of FY20.

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Essar Oil UK Ties Up $850 Mn Finance To Replace Existing Credit Facility

The funding is made up of liquidity from a diversified range of sources, including bilateral arrangements with many of its key customers on enhanced payment terms and other long-term financings, linked primarily to crude supply

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Pipeline Commissioning Helps Essar Deliver Coal Gas To Fertiliser Plant

The company had last year reached a peak production capacity of 1.2 million standard cubic meters per day in the Raniganj asset.

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Essar Oil: Growing Margins

Essar Oil’s Vadinar refinery enabled the giant to scale its business despite fiscal challenges

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India State-owned Refiners Export Low-sulphur Diesel In Rare Move

India's refinery expansions are expected to add another 165,000 barrels per day (bpd) of crude capacity in the second half of this year, according to Woodmac's Willis

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Essar Oil Shuts Coker At Vadinar Refinery For Two Weeks

The delayed coker unit, which converts vacuum residue into higher value products like gasoline and gasoil, has an annual capacity of 7.5 million tonnes

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Essar Group Says Non-Compete Clause With Rosneft Only For 3 years

The non-compete clause is only for a limited period of three years, after which this clause is no more applicable, Essar spokesperson clarified

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Russia's Rosneft Closes Deal To Buy 49% Stake In Essar Oil

The deal comes more than 10 months after it was announced on 15 October last year on the sidelines of the BRICS summit in Goa

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Security Agencies Raise Concern Over Rs 82000 Crore Essar-Rosneft Deal

The agencies have communicated to the home ministry about their security concerns over the deal, the official, who did not wish to be named, said.

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Rosneft CEO Igor Sechin Says Takeover Of Essar Is Closed

The deal, where Rosneft will hold a 49 per cent stake, will allow the Russian company to increase oil refining output by 20 percent this year,

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Essar Projects commissions 4 offshore platforms for ONGC

Essar Projects India has announced the successful commissioning of four offshore well platforms for its client ONGC

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State Refiners To Revise Fuel Price In Five Cities Daily From May 1

State-owned fuel retailers plan to implement daily revision of fuel price in five cities from May 1 ahead of a nationwide roll out of the scheme

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Essar Says Hopes To Close Sale To Rosneft-led Consortium In Next Few Weeks

The acquisition of Indian refiner Essar Oil by a consortium led by Russian oil company Rosneft is expected to be completed in the next few weeks, Essar said in written comments to Reuters on Friday

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