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Essar Oil bullish after acquiring UK's Stanlow

Essar Oil recently completed acquisition of Stanlow refinery, Britain's second biggest, in a $350-million deal with Shell.Naresh Nayyar, Managing Director and Chief Executive Officer, Essar Oil,......

Essar's Stanlow deal hits union bump

Essar Energy's $350-million deal to buy Shell UK's oil refinery and associated assets at Stanlow, near Ellesmere Port, Cheshire, has hit a road block. The employee union has rejected the deal in......

Essar not exiting oil & gas business: Ruia

The exploration and production assets of Essar Oil will not be part of the Rosneft deal and would continue to remain with the Group After striking the deal to sell its oil refinery to Russia's......

Ruias to sell 49% in Essar Oil to Rosneft for Rs 10,500 cr

The deal, in the works for a few months, is likely to be announced today The Ruias of the Essar group are set to sell 49 per cent stake in Essar Oil to Russian oil and gas giant Rosneft for about......

Independent directors reject Essar Energy's delisting move

The Ruia family’s efforts to make London-listed Essar Energy private received a severe blow on Monday, with a five-member independent board committee rejecting the move. The committee said......

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