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ESSAR SAUDI ARABIA
Global strategic oil inventory totaled 2.5 billion barrels at end of 2025, EIA saysGlobal strategic oil reserves reached 2.5 billion barrels by year-end. China, the United States, and Japan hold the largest stockpiles. The...
PM Modi likely to visit Saudi Arabia this monthPrime Minister Narendra Modi is expected to visit Saudi Arabia in April, marking his first trip in four years, to strengthen cooperation in...
Essar awaits final approvals to start work on $4.5 billion steel plant in Saudi ArabiaThe oil-rich kingdom is eyeing becoming an electric vehicle manufacturing hub, manufacturing more than 3 lakh cars annually by 2030. Essar ...
Essar to start work on $4 billion Saudi steel plant from 2024“Once we get all the approvals, we have set a three-year timeline to build the project,” Ruia said in an interview at an investment confere...
Indian conglomerate Essar plans regional hub in Saudi ArabiaIndian conglomerate Essar Group is planning to make Saudi Arabia a hub for its expansion in the region. The group, led by CEO Prashant Ruia...
Essar Group preps for Green Steel production in Saudi ArabiaIndian conglomerate Essar Group has announced plans to develop a $4.5 billion integrated Green Steel plant in Saudi Arabia. Essar has partn...
Essar Group and Desert Technologies sign MoU for renewable energy solutionsDesert Technologies (DT) and Essar Group have signed an MOU to develop renewable energy solutions for Essar Group's Green Steel Arabia proj...
Vale International to supply iron ore to Essar's steel project in Saudi ArabiaVale International, a subsidiary of Vale SA, has entered into a partnership with Essar Group to supply 4 million tonnes per year of iron or...
Bahrain Steel inks pact with Essar Group's KSA Green to supply iron ore pellet to GSA projectThe Essar project is set to be the region's first Green Steel project aiming to set the global benchmark in the reduction of CO2. The proje...
Essar to invest USD 4 bn in steel plant in Saudi ArabiaThe Essar Group is looking to invest USD 4 billion in setting up an integrated flat steelworks plant in Saudi Arabia in the next three year...
Iran overtakes Saudi to becomes India's top crude oil supplierIran, which was India's second biggest supplier of crude oil after Saudi Arabia till 2010-11, sold 759,700 barrels of oil per day to India ...
Turf war shifts: Rosneft-Essar oil deal threatens to weaken West Asia's dominanceRosneft is following a strategy by resource-rich firms and nations to secure outlets for their output, and may supply the facility with Ven...
Mega refinery: India says ready to offer stake to Saudi ArabiaMaharashtra will also be an equity partner in the project, apart from IndianOil, Bharat Petroleum Corporation and Hindustan Petroleum Corpo...
Saudi Aramco, Total SA looking to set up petrol pumps in IndiaA license to retail fuel in the country is subject to a company investing Rs 2,000 crore in oil and gas infrastructure - refineries, explor...
RIL, Essar Oil to gain from likely price cut in some Saudi crudesSaudi Arabia, traditionally the top exporter of crude to India, is reported to be considering a cut in prices of the medium and heavy grade...
Aegis completes sale of US arm to TeleperformanceEssar Group firm Aegis has completed sale of Aegis USA (AUI), its outsourcing arm in the US, the Philippines and Costa Rica, to Teleperform...
Essar Projects inks deal with Saudi firm Mohammed Al-Mojil Group for construction servicesThis will include Saudi Aramco's 400,000 barrels per day Jazan refinery, which is expected to be the mainstay of a new economic city.
- MRPL, HPCL to cut Iranian crude oil imports
MRPL and HPCLare likely to cut crude oil imports from Iran next fiscal as western sanctions against the Persian Gulf nation forces them to ...
- No Iran oil for Indian refineries for August
Iran is serious about shutting off crude oil supplies to India over unpaid bills and has not allocated any volumes for supply.
- Bangladeshi consortium sign deal with Indian Essar Group
A consortium of four Bangladeshi steel companies has signed a deal with India's Essar Group to set up the country's first hot-rolled steel ...