Indian private refiner Nayara Energy, majority owned by Russian entities including oil major Rosneft , will make a $217.5 ...
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 ...
Nayara has decided to offer Rs 731 ($8.39) apiece totalling about Rs 1,894 crore to more than 200,000 minority shareholders who did not participate in previous delisting and exit offers ...
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 ...
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 ...
The offer price of Rs 731 per share, Nayara said, was based on a valuation exercise conducted by an independent registered valuer. The company added that it would shortly finalise the schedule for the ...
NEW DELHI: EET Fuels, the trading name of Essar Oil (UK, has secured fresh ... EET plans to become the leading low ...
New Delhi is set to approve legislation that would allow the flow of investments and technologies in oil and gas exploration ...
Essar Energy Transition to build Europe's first ... to be built at its Stanlow refinery, with the aim of completing construction in 2027". The approvals are expected anytime now, after which ...
Indian private refiner Nayara Energy, majority owned by Russian entities including oil major Rosneft, will make a $217.5 million share buyback offer to help its minority stakeholders exit from the ...