Essar Group signs $10 bn pact to import oil from Russia's Rosneft
In one of the biggest oil deals, Essar Group Thursday signed a USD 10 billion contract to import crude oil from Russia over a 10-year period.
Dec 11, 2014, 17:13 PM IST
Essar Oil to sign 10-year deal with Rosneft to import crude from Russia
Essar Oil will on Thursday sign a 10-year deal to import crude oil from Russia as President Vladimir Putin pushes to deepen energy ties with India to counter to US sanctions.
Dec 10, 2014, 19:56 PM IST
Essar Oil shares spurt 20% on bourses
Shares of Essar Oil surged 20 percent Wednesday, adding Rs 2,783 crore to its market valuation, in an otherwise flat stock market.
Dec 03, 2014, 21:46 PM IST
Manish Maheshwari is new CEO of Essar oil's E&P business
Essar Oil Ltd on Monday announced the appointment of Manish Maheshwari as Chief Executive Officer of its oil and gas Exploration and Production (E&P) business.
Nov 24, 2014, 13:18 PM IST
India to pay Iran $400 million frozen oil money this week: Sources
India will soon pay a third tranche of $400 million to Iran ahead of a Nov. 24 deadline to an interim deal with six world powers that allows Tehran to recover part of its overseas frozen oil revenues, industry sources said on Wednesday.
Nov 19, 2014, 20:26 PM IST
Essar Oil reports Rs 226 crore net profit in Sept quarter
Essar Oil Ltd, India's second largest private refiner, Friday reported a net profit of Rs 226 crore in the September quarter on back of higher refining margins.
Nov 07, 2014, 23:48 PM IST
India pays $400 million in oil dues to Iran
India on Tuesday paid Iran USD 400 million to clear part of its past dues for crude oil its buys from the Persian Gulf nation and will pay another USD 500 million by the month end.
Oct 21, 2014, 19:13 PM IST
Diesel deregulation to benefit consumers, says Essar Oil
The government's decision to deregulate diesel will be advantageous for consumers, Essar Oil said on Saturday.
Oct 18, 2014, 22:57 PM IST
RIL petrol pumps to start selling diesel by Oct
Mukesh Ambani-led Reliance Industries (RIL) will start selling diesel at its 1400 plus petrol pumps across the country by October.
Sep 01, 2014, 14:02 PM IST
Essar Oil posts Rs 684 cr profit in Apr-June period
Essar Oil on Wednesday reported a net profit of Rs 684 crore in the June quarter as opposed to a net loss of Rs 863 crore in the same period last year, after its Vadinar refinery posted best refining margins among its public and private sector peers.
Aug 13, 2014, 20:02 PM IST
Essar to shut 40,000 bpd crude unit for seven days in Aug second half
Essar operates a 400,000-barrel-per-day refinery at Vadinar in Gujarat.
Aug 07, 2014, 12:03 PM IST
CAG flays govt's fuel pricing policy; says RIL, Essar Oil given undue benefits of Rs 667 cr
State-owned fuel retailers buy diesel from private refiners as their own production is insufficient to meet domestic demand.
Jul 18, 2014, 18:30 PM IST
Essar Oil, AstraZeneca gain on delisting plans
Shares of Ruias-led Essar group firm Essar Oil and that of Indian unit of global pharma giant AstraZeneca surged Monday on the back of delisting plans of the two companies.
Jun 23, 2014, 13:14 PM IST
Essar Oil board approves delisting from BSE and NSE
Refiner Essar Oil Ltd on Monday said its board had approved delisting of shares from the BSE Ltd and National Stock Exchange of India Ltd.
Jun 23, 2014, 10:12 AM IST
Ruias get board nod to de-list Essar Oil from Indian bourses
Essar Oil in a statement said its Board of Directors met on Sunday to consider the de-listing proposal.
Jun 22, 2014, 15:34 PM IST
Ruias to de-list Essar Oil from Indian bourses
Essar Oil has scheduled a board meeting on June 23 to consider the delisting proposal.
Jun 20, 2014, 19:46 PM IST
NSE to shift 86 cos to restricted trade segment from Friday
The National Stock Exchange (NSE) has decided to shift stocks of 86 companies, including Essar Oil, Provogue (India) Ltd and Lanco Industries, to the restricted trade category from Friday as part of surveillance measures.
Jun 10, 2014, 20:40 PM IST
