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KENYA PETROLEUM REFINERIES LTD
Essar Energy to exit Kenya Petroleum Refineries LtdEssar Energy plc, the India-focused integrated energy company, announced that it intends to exit from its 50% owned joint venture business ...
Essar Energy to sell 50% stake in Kenya Petroleum RefineriesFollowing studies by international consultants, the company believes that the upgrade is not economically viable in the current refining en...
Essar Energy to exit Kenya Petroleum RefineriesEssar Energy will exit Kenya Refinery by selling its 50% stake to the government of the African nation for $5 million.
- Essar Energy hopes to double revenue in FY12
Essar is implementing a turnaround plan for the refinery which it recently acquired in a $350-million deal from Shell.
- Essar completes $350 mn acquisition of UK's Stanlow refinery
After completing USD 350 million acquisition of Stanlow oil refinery, Essar Energy Plc on Monday said it has drawn out a 100-day plan.
- Essar likely to buy Shell's refinery for $350 mn
Ruias-owned Essar Group is likely to buy Royal Dutch Shell's Stanlow refinery in the United Kingdom for about $350 million.
- Essar to acquire African oil & gas assets
Company identifies blocks in Nigeria, Libya & Madagascar; aims to secure crude supplies for refineries in India, Kenya.
- Essar Energy plans overseas acquisition to boost exports
Essar Energy may buy a refinery or storage facilities overseas to help boost exports of cleaner-burning fuels to be produced when its west ...
- Essar buys 50% stake in Kenyan refinery
Marking 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 refinery
Ruias-owned Essar Oil on Friday announced acquisition of 50 per cent stake in a 4 million tonnes oil refinery in Kenya.
- Essar Oil climbs 30%
Shares of Essar Oil were in action in afternoon trade on Monday with more than 8 lakh shares being traded on the NSE.
- Essar Oil to buy 50% stake in Kenyan refinery
Essar Oil is set to acquire a 50% stake in Kenya Petroleum Refinery (KPRL) in Mombasa.
- Essar still in race for Kenya Petrol
Essar had earlier agreed to buy 50% in the Kenyan oil firm, but a co-operation pact between Kenya and Libya came in the way.
- Essar may end with just 25% in Kenya Petro
Under 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 Petroleum
Essar 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 refinery
The acquisition of the refinery, located in the coastal city of Mombassa, is expected to give Essar Oil a global footprint.
- BPCL joins the race for Kenya’s oldest refinery
State-owned refiner and marketer Bharat Petroleum Corporation (BPCL) is believed to have joined the race to acquire a majority stake in Ken...