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ESSAR OIL NEWS
Essar Oil UK strikes 'landmark' supply pact with Liverpool AirportThe company said the new agreement will shore up the airport's domestic fuel supply, reducing reliance on global supply chains and imports,...- Essar Oil to double petrol pumps to 5,600 in 18 monthsThe company, which operates a 20 million tons a year oil refinery at Vadinar in Gujarat, will invest Rs 1,200 crore in upgrade of certain u...
- ICICI Bank shares surge 5% on Essar Oil mega dealThe 98 per cent stake will be worth Rs 72,800 crore ($10.9 billion), including assumption of debt, making it the largest foreign direct inv...
- Essar Oil shares plunge after Roseneft acquires 49% stakeNegotiations on valuation between the two sides are in the final stages, according to people familiar with the matter.
- Shares of oil companies surge on drop in crude oil pricesShares of state-run oil marketing companies HPCL, BPCL and IOCL rose 2-3 per cent in trade on Monday.
- Corporate espionage: Energy consultants like Santanu Saikia, Prayas Jain known for organising big conferencesWhile Saikia’s Indianpetro.com boasts of quality readers including “top and middle management”, Jain’s Metis Business Solutions lists a gal...
- Buy Essar Oil Ltd with a target of Rs 66.50: Sandeep WagleBuy Essar Oil Ltd with a target of Rs 66.50 and a stop loss of Rs 56.50:Sandeep Wagle.
- Essar Projects bags $80 mn contract with Abu Dhabi refinerEssar Projects has bagged three new orders totalling $80 million in Abu Dhabi underpinning its presence in the Middle East market.
- Essar Oil completes Optimisation Project, volumes, margins to growThe company has invested over Rs 10,000 crore to expand capacity to 20 mt, or 405,000 barrels per day, which will improve complexity to 11....
- Wait for Essar oil to trade below 61.5-61: Mitesh ThackerI would wait for 61.5 to be taken out. Once it starts trading below that I will go short over there.
- Watch for 62-63 level in Essar Oil: Mitesh ThackerGiven the fact that we have some negative news today, 62-63 would be the level I would watch out for.
- Essar Oil heading towards 67-68: Mitesh Thacker"Essar Oil is probably heading towards targets of 67-68. The good part is that it went through breakdown, sustained that and has bounced ba...
- Sell Essar with a target of 52: Mitesh ThackerFor Essar, 60.5 should be the trading stop loss.
- 2G scam: CBI files charge sheet against Loop Telecom owners & Ravi Ruia, Anshuman Ruia of Essar GroupThe country’s top investigating agency charged five officials of the Essar Group, Loop Telecom with fraud and conspiracy as part of spectru...
- Prospect good for oil marketing cos: Ketan KharkhanisKetan Kharkhanis, Head of Active Trader Service in an interview with ET Now talks about oil marketing companies.
- 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 Oil shares spurt on private placement talkEssar Oil (EOL) is believed to be in the process of diluting close to 5% equity stake to investors, according to market sources. Shares of ...
- Essar plans to delist steel & oil companiesThe Ruias-controlled Essar group on Thursday said it intends to delist its key business units, Essar Steel and Essar Oil, to gain more flex...
- Upwardly mobileThe Ruias made news this week when they called off the proposed merger of BPL Mobile’s Mumbai business with its joint venture company, Hutc...
- Is big beautiful? Petro cos think soThe petroleum sector will be one of the key beneficiaries of the government's policy to cut customs duty on project imports above Rs 5 cror...
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