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ESSAR ENERGY HOLDINGS
Essar arm secures $500 million crude and product facility from Abu Dhabi's IRHEssar Energy Transition Fuels has partnered with Abu Dhabi's IRH Global Trading. A $500 million facility will diversify crude sourcing and ...
Global strategic oil inventory totaled 2.5 billion barrels at end of 2025, EIA saysGlobal strategic oil reserves reached 2.5 billion barrels by year-end. China, the United States, and Japan hold the largest stockpiles. The...
Essar Oil gets stock exchanges' go ahead for delistingEssar Oil has received approvals from National Stock Exchange (NSE) and BSE to delist its shares, company Managing Director & CEO L K Gupta...
Essar Oil to sell 49 per cent stake to Russia's Rosneft for $3.2 billionRosneft will buy 49 % stake in Essar Oil for about $3.2 billion after excluding the Mumbai-based firm's flourishing coal-bed methane busine...
Essar plans to raise $250 million from Russian bank to buy out minority shareholdersThe plan is to raise around $250 million of fresh loans for Essar Energy Holdings to successfully complete the share buy back programme sai...
Essar Oil delisting floor price at Rs 108.18; stock up 5%Shares of Essar Oil were locked in upper circuit after the company fixed the floor price of Rs 108.15 for proposed voluntary delisting of s...
Ruias get Board nod to de-list Essar Oil from Indian boursesAfter de-listing Essar Energy plc from London Stock Exchange, they announced their intention to de-list Essar Oil from Indian bourses on Ju...
Essar Oil allots 8.38 crore sharesEssar Oil said it has allotted 8.38 crore shares to promoters upon conversion of their entire holding of FCCBs into equity shares.
Promoter seeks to convert $262-mn FCCBs into shares: Essar OilThe company said it has received a notice from promoter company, Essar Energy Holdings seeking conversion of FCCBs aggregating $262 mn into...
Essar Energy Mauritius arm to buy 2.4 pc stake in Essar OilEssar Energy plc on Monday said its Mauritius-based unit will buy 2.41 per cent stake in Essar Oil for over Rs 267 crore.
- Essar raises $147m by selling FCCBs
The promoters have subscribed to the FCCBs, which can be converted into equity shares in 2028 at Rs 153 apiece, the company said in a regul...
- Essar Oil raises $115 mn via FCCB issue
Essar Oil today said that it has procured $115 million of the proposed $300 million it had planned to raise through the issue of bonds to p...
- Once reluctant to lend, banks now won’t talk pre-pay with Essar Oil
It’s a case of changing fortunes. In the early nineties, lenders were hesistant to fund the Essar Group which was then struggling to grow i...
- Essar Oil to take FCCB route to raise $300 mn
Essar Oil will raise $300 million (around Rs 1,396 crore) by selling foreign currency convertible bonds (FCCBs) to its promoter to part fin...
- Ruias invest Rs 1,300 crore in Essar Oil via GDS
The Ruias of Essar Group have injected $293 million in Essar Oil by subscribing to global depository shares (GDS) to part finance its $1.7-...
- Essar Oil jumps 3pc on parent's LSE listing plan
Shares of energy major Essar Oil rose over 3 per cent on the Bombay Stock Exchange today, after the company's parent firm Essar Energy anno...
- Essar Energy to consolidate shareholding in oil arm
Essar Energy Holdings will consolidate its shareholding in Essar Oil later this month as precursor to its plan to raise nearly $3 billion t...
- Ruias to list Essar Energy on London SE to raise around Rs 37k cr
Essar Group may list its energy holding company overseas and sell a part of the founders' stake in the shipping subsidiary to raise money t...
- China to be Essar's sourcing base
Global Supplies (UAE) FZE, a subsidiary of Essar Global Limited (EGL) today announced the setting up of a new office in Beijing as a mega s...
- Essar Steel seeks shareholders' nod to delist shares
Essar Steel on Monday said it will seek shareholders' approval to delist the equity shares of the company from the bourses by way of postal...