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ESSAR OIL ACQUISITION
Essar Oil UK Group acquires BP's pipeline, terminal linked to Stanlow refineryEssar Oil UK has acquired 11.5% stake in UKOP pipeline, 45% stake in Kingsbury Terminal and the entire 100% stake in Northampton Terminal.- Rosneft aims to complete purchase of India's Essar Oil by end JuneAnother 49 percent share will be split between commodities trader Trafigura and Russian investor United Capital Partners (UCP).
- Rosneft looks to complete Essar Oil deal in 'next few weeks'The acquisition is the biggest in India and largest outbound deal for Russia. The all cash deal was expected to close in first quarter of 2...
- Not clear of benefits to Rosneft on Essar stake buy: Moody'sRussia's top oil producer Rosneft may pay $2-3 billion to buy 49 per cent stake in Essar Oil, Moody's Investor Service said but raised doub...
- 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 inks pact to acquire Stanlow refinery in UKLondon-listed Essar Energy today said it has signed an agreement to acquire Royal Dutch Shell's Stanlow refinery in NorthWest England for U...
- Essar Energy to provide $1bn bank guarantee for Shell's Stanlow refineryEssar Oil UK and Shell will enter into agreements where Essar will buy crude exclusively from Shell for 5-yrs at spot prices for Stanlow re...
- Shell's Stanlow refinery to make Essar global refining playerLondon-listed Essar Energy will own close to one per cent of the global oil refining capacity after acquiring Royal Dutch Shell's Stanlow r...
- Essar to float convertible bonds to refinance debt, fund projectsEssar Energy Plc on Tuesday said it plans to raise USD 500 million through a convertible bonds issue to fund acquisitions, projects and ref...
- StanChart extends $1 bn credit line to Essar OilApart from buying Shell’s refineries, Essar Group is also exploring possibility of setting up its own retail network in Europe.
- Essar submits formal bids for Shell’s 3 UK refineriesEssar Energy has officially entered the race to acquire three refineries from Royal Dutch Shell, pitting itself against US firm Valero, Lib...
- Essar buys 50% stake in Kenyan refineryMarking its foray into the overseas refining market, Essar Energy Overseas, a group company of the diversified Essar Group, has completed t...
- Essar Oil picks 50 pc stake in Kenya-based refineryRuias-owned Essar Oil on Friday announced acquisition of 50 per cent stake in a 4 million tonnes oil refinery in Kenya.
- Essar may end with just 25% in Kenya PetroUnder the agreement signed between Esmark and Essar, the former will pay a ‘break up’ fee of $20.5 million in case the transaction does not...
- Essar Oil picks 50% in Kenya PetroleumEssar Energy Overseas, an Essar Oil subsidiary, has signed an agreement to acquire 50% stake in Mombasa-based Kenya Petroleum Refineries (K...
- Essar Oil edges out RIL, BPCL in race for Kenyan refineryThe acquisition of the refinery, located in the coastal city of Mombassa, is expected to give Essar Oil a global footprint.
- Essar plans $750 mn overseas floatEssar Oil Ltd plans to raise $750 million through an issue of FCCBs, GDRs or ADRs.
- Essar completes Algoma buy, to cut costsEssar Global plans to reduce costs and widen the product range of Canada's Algoma Steel Inc.
- Essar Oilfields acquires rig for 220 mn dollarEssar Oilfields Services Ltd, a a subsidiary of Cyprus-based Essar Shipping and Logistics Ltd, said on Wednesday that it has acquired a sem...
- ESIL to acquire oil drilling rigs in Oslo & USCyprus-based Essar Shipping & Logistics Ltd (ESLL) is all set to acquire of on-shore and offshore oil drilling rigs from two pubilcly liste...
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