Negotiations on valuation between the two sides are in the final stages, according to people familiar with the matter.

Shares of state-run oil marketing companies HPCL, BPCL and IOCL rose 2-3 per cent in trade on Monday.

While 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 and a stop loss of Rs 56.50:Sandeep Wagle.

Essar Projects has bagged three new orders totalling $80 million in Abu Dhabi underpinning its presence in the Middle East market.

The 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....

I would wait for 61.5 to be taken out. Once it starts trading below that I will go short over there.

Given the fact that we have some negative news today, 62-63 would be the level I would watch out for.

"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...

For Essar, 60.5 should be the trading stop loss.

The country’s top investigating agency charged five officials of the Essar Group, Loop Telecom with fraud and conspiracy as part of spectru...

Ketan Kharkhanis, Head of Active Trader Service in an interview with ET Now talks about oil marketing companies.

Essar Energy has officially entered the race to acquire three refineries from Royal Dutch Shell, pitting itself against US firm Valero, Lib...

Essar Oil (EOL) is believed to be in the process of diluting close to 5% equity stake to investors, according to market sources. Shares of ...

The Ruias-controlled Essar group on Thursday said it intends to delist its key business units, Essar Steel and Essar Oil, to gain more flex...

The Ruias made news this week when they called off the proposed merger of BPL Mobile’s Mumbai business with its joint venture company, Hutc...

The 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...