Essar Oil and Gas plans $275 mn overseas bond sale post-restructuringEssar Oil and Gas Exploration & Production Ltd. is exploring its first post-restructuring fundraising initiative by considering a $275 mill...
Essar Oil eyes 2X gas production from its coal bed methane blockEssar’s current output of 0.9 million metric standard cubic meters a day (mmscmd) from Raniganj East block in West Bengal will rise to 2.3-...
Essar Oil & Gas Exploration posts Rs 335 crore profit after tax for FY23Ebitda grew over 205% on a year-on-year basis to approximately Rs 700 crores. "Ebitda margin saw a significant improvement of around 3100 b...
EOGEPL partners with Sensia for digitalisation of oil, gas field opsEssar Oil and Gas Exploration and Production Ltd (EOGEPL), India's leading pioneering unconventional hydrocarbon player, on Thursday announ...
Essar Oil & Gas invests in microbial eCBM technology to boost outputEssar Oil & Gas which has so far invested Rs 5,000 crore in finding and producing gas from coal seams, called CBM, plans to invest an addit...
Essar to invest Rs 2,000 crore in Bengal's brownfield CBM projectEssar Oil and Gas Exploration and Production Ltd (EOGEPL) plans to invest an additional Rs 2,000 crore in its coal bed methane (CBM) projec...
Essar Oil & Gas Q3 Results: Net profit at Rs 97 croreThe company has roped in globally renowned service providers and technical consultants to roll out a phased growth program to achieve these...
Essar Oil crosses 0.8 mmscmd mark in CBM productionThe future ramp-up will be an integration of re-fracturing and revival of wells, alongside fresh technological applications, many of which ...
Gas production at Essar’s CBM block in West Bengal crosses 0.8 mmscmd“The unavoidable delay in the GAIL Urja Ganga trunk line caused numerous challenges for us. However, steady efforts and technological appli...
Essar Power to set up 90 MW solar plant in Madhya Pradesh for Rs 300 crore"The board of Essar Power Ltd, an investee company of Essar Global Fund (EGFL), has approved an investment of Rs 300 crore in a 90 megawatt...
Essar signs MoU with IIT Dhanbad (ISM) for R&D in CBM gas explorationThe Memorandum of Understanding for collaboration provides for finding "an effective solution for various technological and operational cha...
First shipment of natural gas in Kolkata by EssarThe gas, produced from Raniganj east CBM block in West Bengal, has been supplied to Bengal Gas Companys (BGCL) Compressed Natural Gas (CNG)...
Commercial mining to improve coal availability, attract FDI, say expertsFinance Minister Nirmala Sitharaman in her fourth tranche of the economic package announced that commercial mining will be done on revenue ...
Essar Oil & Gas gets environment clearance to begin shale gas explorationPreviously, companies could explore only oil and natural gas or CBM depending on their licence for the block.
Essar begins supplying gas to GAILPeak coal bed methane (CBM) production from Raniganj East block is envisaged at 2.3 million standard cubic metres per day.
Essar to invest Rs 900 crore in Raniganj CBM blockThe CBM block located in West Bengal has already received funds to the tune of Rs 4,000 crore for drilling wells and developing infrastruct...
Essar sells Raniganj CBM block to GAIL using Reliance formulaOil producing firm EOGEPL has reportedly invested Rs 4,000 crore in the block so far. It has 348 completed CBM wells and a robust gas & wat...