Latest News on Essar Oil
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Essar Oil - Total results - 64
Mar 19, 2018
Private fuel retailers double petrol, diesel market share, says oil minister Dharmendra PradhanIn the private sector, Essar Oil had 4,275 petrol pumps while Reliance Industries had 1,400 retail outlets. Shell operates 100 petrol pumps
Aug 22, 2017
Essar to pay additional Rs 880 cr or Rs 75.48 per share to minority shareholders of EOLMinority shareholders of Essar Oil will get Rs 75.48 per share in addition to Rs 262.80 per share they had got on delisting
Aug 21, 2017
Essar Oil completes sale of India assets to Rosneft-led consortium for $12.9 bnEssar Oil on Monday announced the closure of the company's sale, including its Vadinar refinery, to Russian state-run Rosneft-led consortium for $12.9 billion.
Jun 23, 2017
Lenders approve Rs 86,000-crore Essar Oil sale to RosneftWith this Rs 86,000-crore transaction, which makes it the largest FDI inflow for the country, the company hopes to close the deal by early next month, Essar group sources said.
Jun 15, 2017
Oil Minister Dharmendra Pradhan invites RIL, BP to invest in fuel retailingWhile RIL already has a fuel retailing license and has some 1,400 petrol pumps on the ground, BP last year got approval to set up petrol pumps in India
May 30, 2017
Narendra Modi's four-nation tour: Key takeaways from 17th India-Russia Annual Summit in 2016Firstpost takes a look at the key points that were discussed at the 17 India-Russia Annual Summit, and which are likely to be part of Modi's agenda when he arrives in Russia as part of the four-nation tour.
Apr 12, 2017
Oil PSUs to revise petrol, diesel price daily in Puducherry, Udaipur, 3 other cities from 1 MayState refiners currently revise fuel prices every fortnight to reflect volatility in the currency and global oil markets.
Jan 04, 2017
M&A deals hit 5-year high at $61.44 bn in 2016 against $23.71 bn a year beforeThe deal value in 2016 is not only a record five year high but is also 159 percent more than $23.71 billion witnessed from 995 deals in 2015
Oct 24, 2016
Air India may benefit from restructuring scheme but banks could be saddled with dudsOne wonders why the government is trying to rescue Air India, as it might well be exposing banks to duds which the airline's equity shares are likely to turn out given its massive accumulated losses
Oct 19, 2016
Rosneft-Essar deal not in violation of sanctions on Russia: USRussia's state-controlled oil giant Rosneft and its partners' USD 12.9 billion deal to take over India's Essar Oil is not in violation of any US-EU sanctions against Russia, the US said today.