Reliance, Essar top bidders for coal-based methane gas exploration blocksThe bidding frenzy for coal-bed methane blocks heats up as Reliance Industries and the Essar Group step into the ring. The Directorate Gene...
20 Apr, 2026, 03.55 PM IST
Essar Oil & Gas plans $100 million investment to boost Raniganj CBM productionEssar Oil and Gas Exploration & Production Ltd will invest $100 million in a new drilling program at its Raniganj East coal bed methane blo...
30 Jan, 2026, 03.16 PM IST
Essar Oil and Gas plans $275 mn overseas bond sale post-restructuringEssar Oil and Gas Exploration & Production Ltd. is exploring its first post-restructuring fundraising initiative by considering a $275 mill...
21 Jan, 2025, 09.29 PM IST
NCLAT suspends insolvency resolution process against Essar Oil and Gas Exploration & ProductionThe National Company Law Appellate Tribunal (NCLAT) has suspended the order of the lower tribunal that admitted Essar Oil and Gas Explorati...
11 Sep, 2024, 01.15 PM IST
NCLT admits insolvency resolution plea against Essar Oil and Gas Exploration & ProductionThe bankruptcy court in Ahmedabad has admitted Essar Oil and Gas Exploration & Production Ltd under the Corporate Insolvency Resolution Pro...
09 Sep, 2024, 11.43 PM IST
Essar Oil to invest Rs 3,000 cr in Raniganj CBM block to increase gas productionEssar Oil and Gas Exploration and Production announced a ₹3,000 crore investment to enhance gas production at its Raniganj CBM block in Wes...
13 Aug, 2024, 11.18 PM IST
Essar Oil eyes 2X gas production from its coal bed methane blockEssar’s current output of 0.9 million metric standard cubic meters a day (mmscmd) from Raniganj East block in West Bengal will rise to 2.3-...
08 Feb, 2024, 05.41 PM IST
Essar Oil & Gas Exploration posts Rs 335 crore profit after tax for FY23Ebitda grew over 205% on a year-on-year basis to approximately Rs 700 crores. "Ebitda margin saw a significant improvement of around 3100 b...
31 Jul, 2023, 02.08 PM IST
Essar Oil & Gas Q3 Results: Net profit at Rs 97 croreThe company has roped in globally renowned service providers and technical consultants to roll out a phased growth program to achieve these...
13 Feb, 2023, 03.49 PM IST
Gas production at Essar’s CBM block in West Bengal crosses 0.8 mmscmd“The unavoidable delay in the GAIL Urja Ganga trunk line caused numerous challenges for us. However, steady efforts and technological appli...
07 Jun, 2022, 12.32 PM IST
Essar Oil & Gas gets environment clearance to begin shale gas explorationPreviously, companies could explore only oil and natural gas or CBM depending on their licence for the block.
03 Mar, 2019, 03.11 PM IST
Essar Oil & Gas to submit shale gas exploration proposal: MDThe company would also enter into an agreement with state-owned GAIL in the middle of March this year for selling its entire production of ...
05 Mar, 2018, 06.12 PM IST
Essar to invest up to Rs 1,000 crore by FY18 in West Bengal"We are expecting the government to come up with the notification soon. In anticipation we are readying ourselves to start production as so...
13 Jul, 2016, 06.15 PM IST
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...
10 Jul, 2015, 10.22 AM IST
Essar’s Raniganj coal bed methane ssset in West Bengal crosses 0.5 million scmd productionEssar Oil’s gas production at its Raniganj asset in West Bengal has crossed 0.5 million standard cubic metres per day (scmd), thereby makin...
06 Apr, 2015, 08.32 PM IST
- Essar Oil, GSPC tie-up to commission CNG facility
Essar Oil & GSPC would commission a CNG facility at Botad in Bhavnagar, a statement issued by Essar Oil said.
28 Sep, 2012, 08.20 PM IST
- Indian Oil, Oil India in talks to buy into Essar's Myanmar gas block
State-owned oil companies Indian Oil and Oil India are in talks with the Essar group to pick up 20% stake each in a gas block in Myanmar th...
24 Aug, 2010, 03.54 AM IST