Essar Oil

Tuesday, Apr 23, 2024 | Last Update : 09:36 PM IST

Nayara Energy to enter petchem, expand fuel outlets

With the expansion plans, Nayara will remain the largest private fuel retailer in the country.

17 Jul 2019 6:56 AM

New Rosneft-led management, as part of the $12.9 billion acquisition of Essar Oil, took the decision to repay the dues owed to Iran.

Essar Oil settles $2.5 billion Iran oil dues, still owes about $616 million

Essar Oil aims to buy 120,000 barrels per day (bpd) of oil from Iran in 2018-19.

13 Apr 2018 8:26 AM

India's fuel consumption grew by an average of 3-4 per cent annually.

Private fuel retailers double petrol, diesel market share

In 2017-18, private retailers commanded 6.8 per cent market share in petrol sales and 8.2 per cent in diesel.

19 Mar 2018 3:39 PM

The country has the capacity to turn 247.6 million tonnes crude oil into fuel annually. (File Photo)

India plans 77 per cent rise in refining capacity by 2030: Govt

India imports 80 per cent of its energy requirements and is planning ahead to cater to the rise in demand.

08 Feb 2018 2:41 PM

Essar Ports is looking to invest around USD 500 million or over Rs 2,500 crore to set up one liquefied natural gas (LNG) terminal each on the western and eastern coasts in the next 18 months

Essar Ports eyes USD 500 billion investment to set up 2 LNG terminals

Typically, each terminal will cost between USD 150-300 million, depending on the amount of work to be carried out.

24 Sep 2017 5:33 PM

Transaction got delayed after the lenders wanted their debt worth over Rs 45,000 crore to be cleared.

Essar Oil completes sale of India assets to Rosneft for USD 12.9 billion

Essar Oil-Rosneft deal is the largest foreign direct investment (FDI) into the country till date.

21 Aug 2017 12:12 PM

IB, Home Ministry red flag Essar-Rosneft deal

Security agencies raise objections over inclusion of Vadinar port in sellout agreement.

24 Jun 2017 9:32 AM

Rosneft CEO says takeover of India's Essar is closed

Rosneft will hold 49 per cent stake; deal will allow Rosneft to increase oil refining output by 20 per cent.

22 Jun 2017 4:55 PM

Essar Oil is the largest private fuel retailer in the country.

Essar oil reports 10 per cent rise in oil throughput

Essar Oil has invested in a series of upgrades and modifications at the 20 million tonne Vadinar refinery to maximise margins.

07 Apr 2017 5:22 PM

ONGC to invest Rs 7,327 crore in four projects

Board of ONGC approved an investment of Rs 4,104.63 crore in development of R-Series fields.

24 Feb 2017 11:04 AM

The Ratna and R-series oil fields hold an estimated 87 million barrels of oil and 1.2 billion cubic metres of gas reserves.

ONGC to start producing oil from R-Series in 2019

ONGC had discovered the fields and created facilities in Ratna R-12, which is part of R&RS, at a cost of Rs 472.55 crore.

05 Dec 2016 12:56 PM

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Aakar Patel

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