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MOMBASA REFINERY
Essar Energy exits Kenya Petroleum by selling stake to Kenyan governmentEssar Energy acquired stake in KPRL in July 2009 from Shell Petroleum Company, BP plc and Chevron Global Energy. KPRL will now be 100% owne...- 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 FY12Essar is implementing a turnaround plan for the refinery which it recently acquired in a $350-million deal from Shell.
- Downturn in global markets takes toll on Essar Oil's plan to raise $1.5 billion in foreign currency loansThe company has started a 100-day programme to integrate the UK's Stanlow refinery into Essar Energy.
- Essar Energy Plc posts 49 pc jump in H1 earnings to USD 477.9 mnEssar Energy Plc today reported a 49 per cent jump in earnings for the first half of 2011 on the back of higher refinery margins.
- Essar completes $350 mn acquisition of UK's Stanlow refineryAfter 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 mnRuias-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 assetsCompany identifies blocks in Nigeria, Libya & Madagascar; aims to secure crude supplies for refineries in India, Kenya.
- Essar Energy plans overseas acquisition to boost exportsEssar Energy may buy a refinery or storage facilities overseas to help boost exports of cleaner-burning fuels to be produced when its west ...
- Shell eyes 10% in Essar as 'token' for 3 plantsRoyal Dutch Shell is in advanced talks to acquire a 10% stake in Essar Oil as part-payment for selling three of its European refineries to ...
- Shell in talks to pick up 10% in Essar OilRoyal Dutch Shell is in advanced talks to acquire a 10% stake in Essar Oil as part payment for selling three of its European refineries to ...
- Essar Oil in talks till month-end to buy Shell's refineriesEssar Oil said it has time till month end to conclude talks for acquisition of Royal Dutch Shell's three refineries in Europe.
- 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 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 refineryEssar Oil is set to acquire a 50% stake in Kenya Petroleum Refinery (KPRL) in Mombasa.
- Essar still in race for Kenya PetrolEssar had earlier agreed to buy 50% in the Kenyan oil firm, but a co-operation pact between Kenya and Libya came in the way.
- Stocks to watch TuesdayStocks in India are seen moving in a range with US markets ending flat on Monday and Asia mixed with negative bias on Tuesday.
- 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...
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