Indian state oil refiners, Indian Oil Corp, Bharat Petroleum Corp, and Hindustan Petroleum Corp, are in talks with Rosneft Oil Co PJSC for ...

Russia has established a new entity, managed by a Rosneft subsidiary, that owns investor's rights in Sakhalin 1 after the exit of previous ...

Refiners in India, which rarely used to buy Russian oil due to high freight costs, are snapping up Russian oil since late February after so...

To India and many other developing countries, Western powers and the institutions they dominate appear to have different standards for conf...

Surging oil demand in India is prompting almost all big global players to devise new plans for the country.

Essar Oil has been in advanced talks with to sell 49% stake to Rosneft but the deal has taken more time than inititally envisaged.

As earlier reported in the ET, this deal will see the Essar Group cutting their Rs 1.25-1.3 lakh crore group-wide debt by more than half.

Rosneft is following a strategy by resource-rich firms and nations to secure outlets for their output, and may supply the facility with Ven...

Benaulim (Goa), Oct 15 (IANS) India and Russia on Saturday signed 16 agreements across multiple sectors following delegation-level talks co...

The Ruias are planning to sell up to a 74% stake in Essar Oil in a multi-stage transaction, as they seek to reduce the debt burden of the g...

The stake acquired by OIL-led consortium is in addition to the 15 per cent interest picked up by ONGC Videsh Ltd in the Vankor oilfield for...

Essar Oil’s is in advanced talks with to sell 49 per cent stake to Russian energy major OAO Rosneft but the deal is likely to take more tim...

Negotiations on valuation between the two sides are in the final stages, according to people familiar with the matter.

Essar Oil will this week sign a final term sheet with Russia’s OAO Rosneft to import 10 million tonnes of crude oil a year for 10 years.

Shares of Essar group companies plunged over 7% in intraday trade even as Russian Bank VTB said that it will provide up to $1 billion credi...

Rosneft has reached a preliminary agreement to supply India's Essar Group with 10 million tonnes of oil over a 10-year period.

Russian state-controlled energy giants Gazprom and Rosneft signed a massive partnership deal that aligns two bitter rivals and could squeez...