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Aditya Birla lines up Rs 15,000 crore loan for Sprng Energy bidAditya Birla Group is reportedly in advanced talks to acquire Shell's Indian renewable energy arm, Sprng Energy, for a substantial sum. Sta...- Diesel crunch leaves Indian truckers stranded in roadside linesTruckers across India are facing long waits for diesel as private fuel stations have cut sales or raise prices. State-run companies are str...
- Charting the global economy: Euro area business activity sagsEuro area business activity contracted as the services sector weakened due to the Middle East war, while US retail sales surged, indicating...
- Jio-bp not to raise petrol, diesel pricesJio-BP, a fuel joint venture, will not increase petrol and diesel prices now. This decision comes despite a surge in international oil cost...
- NIIF, KKR, Sembcorp vie to acquire Shell's Sprng Energy in one of India's biggest renewable M&A dealsAs the renewable energy market heats up, Shell is placing Sprng Energy on the auction block, inviting competition from notable investors in...
- Shell to restart Sprng Energy sale process, ropes in BarclaysShell PLC is reportedly reviving the sale of its Indian renewable power producer, Sprng Energy, appointing Barclays to manage the process. ...
- Shell’s plan to sell Sprng Energy stalls amid lukewarm investor interestShell's attempt to sell Sprng Energy faces challenges due to valuation disagreements. Discussions with Sekura Energy and ONGC stalled. Inve...
- Shell to shift tax base to UK, ditch dual share structureThe Dutch government said on Monday it was "unpleasantly surprised" by Shell's plans to move to London from The Hague.
- FTSE 100 climbs on energy, mining stock boost; BoE meeting eyedThe blue-chip FTSE 100 gained 0.3% with Glencore , Rio Tinto, BP and Royal Dutch Shell among the top boosts.
- Shell exits city gas business in India, sells MGL stake in open marketAccording to stock exchange data, BG Asia Pacific Holdings (BGAPH), a wholly-owned subsidiary of Shell, sold 9.98 million shares in the com...
- BG Asia looks to exit Mahanagar GasShares of Mahanagar Gas declined 2.32 per cent to Rs 787.35 on Monday.
- Shell buys out Total’s 26% stake in Hazira LNG and PortShell Gas, a subsidiary of Royal Dutch Shell plc, acquired 26% equity interest in the Hazira LNG and Port from Total, to complete the acqui...
- A bump in the road for private fuel retailersThe announcement brought a sense of déjà vu to private fuel retailers. India freed up petrol prices in 2010 and diesel prices in 2014.
- BG Asia may sell up to 7.5% in Mahanagar GasBlock deal will be transacted at a 4.2 per cent discount to the closing price of Mahanagar Gas stock.
- Crude slump sees oil majors’ debt burden double to $138 bnWorse, the mountain of debt, which has grown tenfold since 2008, is likely to increase further in the third and fourth quarters, executives...
- Essar Energy in pact with Barclays BankEssar Oil UK has entered into new arrangements with Barclays Bank plc covering the supply of crude oil to its Stanlow refinery in the UK.
- Essar to go slow on Vadinar gas supply deal with RILEssar Energy Plc's plans to sign a gas sales purchase agreement with RIL for supply of 0.6 mn metric standard cubic meters of gas for its V...
- Shell Q3 profit falls 62 per cent to $3.25 billionOil company Royal Dutch Shell PLC reported a 62 per cent fall in profit for the third quarter on Thursday, as weakness in the global econom...
- Shell swings to $2.81 billion loss in 4QRoyal Dutch Shell PLC, Europe's largest oil company, said Thursday it swung to a net loss of $2.81 billion in the fourth quarter, hurt by t...
- Shell reports 22 per cent rise in 3Q profitRoyal Dutch Shell's net rose 22 pc in the third quarter despite a fall in production, as average oil prices remained high compared to a yea...
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