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SHELL DIVESTMENT
NIIF in talks with Temasek, leads race for $1.7 bn Sprng Energy buyActis, AV Birla Group & KKR are other contenders in fray, binding bids in coming days.22 Apr, 2026, 11.35 PM IST- Aditya Birla Group among top 4 in Sprng Energy raceAditya Birla Group has entered the race to acquire Shell's renewable energy platform, Sprng Energy, joining NIIF, KKR, and Sembcorp. The co...31 Jan, 2026, 05.30 AM IST
- 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. ...08 Oct, 2025, 11.14 PM IST
- Russia taking over ownership stakes in Arctic oil fieldRussia announced further moves Tuesday to take over foreign ownership stakes in energy projects, saying it would acquire the stock in an Ar...26 Jul, 2022, 09.33 PM IST
- Shell to sell Russian retail and lubricants business to LukoilEnergy giant, Shell has announced the selling off its retail and lubricants business to Lukoil as the effect of the Russian invasion of Ukr...12 May, 2022, 08.52 PM IST
- Oil companies bet on $100 a barrel as they rush to sell assetsLarge oil companies are unloading properties from Texas to California, with some using the market rally as a chance to rake in cash for fut...02 Jul, 2021, 08.45 AM IST
- Panel seeks details on Air India disinvestment plan from governmentSources had earlier said that the committee had discussed the govt’s decision at its meeting held on July 5 and later decided to seek detai...10 Jul, 2017, 01.04 AM IST
- London-listed Essar Energy turns around UK's second largest refinery StanlowLondon-listed Essar Energy plc has turned around UK's second largest refinery Stanlow within a year of taking it over from Royal Dutch Shel...26 Nov, 2012, 04.49 PM IST
- BPCL is a safe bet: CLSACLSA has maintained its ‘Buy’ rating on BPCL and set a target of Rs750. Shell’s bid to acquire Cove Energy at $1.6 billion.28 Feb, 2012, 03.42 AM IST
- Essar Energy out of race for four Shell properties in NigeriaEssar Energy is out of the race to buy Royal Dutch Shell Plc's stake in four Nigerian oil fields after the Netherlands-based firm rejected ...25 Mar, 2011, 01.04 PM IST
- Essar eyes Shell's stake in 4 Nigerian oil fieldsRuias-owned Essar Group is among four consortia in race to buy Royal Dutch Shell Plc's stake in four Nigerian oil fields.16 Mar, 2011, 05.14 PM IST
- RIL in talks with BG, Chevron, Exxon for stake saleReliance Industries is in talks with global energy majors, including British Gas of the UK, Chevron Corp of the US, Exxon and Shell for a p...14 Apr, 2008, 12.18 PM IST
- Foreign oil cos need not float 26% holdingForeign oil companies engaged in trading and marketing of petroleum products may soon be exempted from divesting 26% equity stake in favour...02 Apr, 2007, 12.38 AM IST
- Compulsory divestment condition on some foreign companies still in forceUS-based Muller Martini and Bonfiglioli Transmissions of Italy, have been recently permitted to retain 100% foreign equity in their Indian ...24 Nov, 2004, 03.03 AM IST
- Defaulters not barred from disinvestment processExisting guidelines do not bar defaulters from participating in the disinvestment process, Rajya Sabha was informed on Monday.16 Dec, 2002, 02.25 PM IST
- Govt may sell off BPCL ahead of HPCLThe government is likely to divest BPCL ahead of HPCL, instead of selling the two at the same time.23 May, 2002, 07.37 AM IST
- DoD, oil min at loggerheads over BPCL, HPCL selloffNEW DELHI: A fresh row has broken out between the Department of Disinvestment and the Union petroleum ministry over the disinvestment in HP...03 Apr, 2002, 12.34 AM IST
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