Oil & gas
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
Indian Oil plans india's longest LPG pipeline from Gujarat to UP
13 Oct 2016
IOC plans to import LPG and transport the fuel from the Kandla port in Gujarat to Gorakhpur through a 1,987-km long pipeline passing through three states
