Indian private refiner Nayara Energy, majority owned by Russian entities including oil major Rosneft , will make a $217.5 ...

Indian private refiner Nayara Energy, majority owned by Russian entities including oil major Rosneft, will make a $217.5 ...

TASS/. Russia’s oil major Rosneft plans to close the deal on purchase of a 49% stake in the Indian Essar Oil refinery in 2016, President and Chairman of the management board Igor Sechin said ...

The refinery also lost Sh13.7 billion between December ... the Ministry of Energy might be seeking to end the agreement with Essar to give it room to negotiate with oil interests from Nigeria ...

The offer price of Rs 731 per share, Nayara said, was based on a valuation exercise conducted by an independent registered ...

The Mombasa refinery has a nameplate capacity of 4 million tonnes per annum but could process only 1.6 million tonnes last year. Essar had planned USD 400-450 million investment in upgradation of ...

Nayara has decided to offer Rs 731 ($8.39) apiece totalling about Rs 1,894 crore to more than 200,000 minority shareholders ...

apart from a promise to invest an unspecified amount on Essar Petroleum. There is very little question about the need to spend some money on the loss-making company, especially since the fire in the ...

New Delhi is set to approve legislation that would allow the flow of investments and technologies in oil and gas exploration projects Read Full Article at RT.com ...