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 to double coal bed methane output in India; raise UK refinery capacity

07 Sep 2017

Rosneft, Trafigura-UCP to gain 49.13% stake each in Essar Oil

21 Aug 2017

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

Home ministry, IB not happy about Essar-Rosneft deal?

24 Jun 2017

Rosneft consortium looks to complete Essar acquisition by March: report

21 Feb 2017

Rosneft to complete $10.9-bn acquisition of Essar refinery in a few weeks

07 Dec 2016

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

Essar’s Raniganj CBM project attains 1 million tonne daily production

14 Jul 2016

Singapore’s Trafigura Group in talks to buy a minority stake in Essar Oil

04 Jul 2016

Singapore-based commodities trader Trafigura Group is in talks to buy a minority stake in Essar Oil Ltd, in a deal that could value India’s second-largest private refiner at about $6.5 billion

Essar Oil dodges rumours, says Rosneft due diligence still on

10 Feb 2016

Essar Oil completes Rs3,745-crore dilisting

31 Dec 2015

Essar Oil to delist, buy back shares at Rs146.05 apiece

07 Dec 2015

The number of domestic retail investors in Essar Oil is reported to have fallen nearly 18 per cent since June last year to 7.9 per cent in September, even as FII holdings rose to 5.4 per cent from 4.1 per cent

Russia’s Rosneft to buy 49% stake in Essar oil refinery

09 Jul 2015

Rosneft will gain a significant share in one of the biggest refineries in the Asia-Pacific region, expanding its market, particularly at a time when Russia is burdened with western sanctions

Ruias to sell 49% in Essar Oil to Russia's Rosneft for Rs10,500 cr: report

16 Jun 2015

The Ruias, along with Essar Energy Plc, own 90 per cent stake in Essar Oil and a deal with Rosneft will make the Ruias a minority shareholder in the company

Essar Oil stock zooms as board approves delisting proposal

23 Jun 2014

After LSE, Essar Oil moving to delist from Indian bourses too

21 Jun 2014

Govt to re-auction Ratna and R-series oilfields awarded to Essar Oil

21 Apr 2014

Essar Oil UK, Hydrodec forming JV to recycle used industrial oils

12 Nov 2013

SC dismisses Essar Oil’s plea for more time to pay sales tax dues

11 Nov 2013

Essar Oil in fuel-for-loan deal with Chinese bank

20 May 2013

Supreme Court directs Essar Oil Ltd to pay sales tax to Gujarat government

14 Sep 2012

Essar Oil announces new credit facility to meet sales tax liability

23 Jul 2012