Rosneft-owned Essar Oil to be called Nayara Energy
Rosneft and its partners completed the USD 12.9-billion acquisition of Essar Oil last August to enter the world's fastest-growing energy market.
Apr 27, 2018, 10:26 AM IST
China invests $9.1 billion in Rosneft as Glencore, Qatar cut stakes
Glencore said in a statement that CEFC will buy shares at a premium of around 16 percent to the 30-day volume weighted average price of Rosneft shares without naming the price. A CEFC spokesman said the company would pay $9.1 billion.
Sep 09, 2017, 16:34 PM IST
Essar to pay additional Rs 880 crore to minority shareholders
Minority shareholders of Essar Oil, who had participated in the company's delisting in 2015, will get an additional Rs 75.48 per share, Essar said in a statement.
Aug 22, 2017, 15:23 PM IST
Essar Group to pay additional Rs 75.48 per share to ex-EOL shareholders
The Essar Group on Tuesday said it will pay an additional Rs 75.48 per share to Essar Oil's ex-shareholders, who tendered their shares at the open offer in the run-up to the delisting of the company that was sold to the Russian giant Rosneft yesterday for USD 12.9 billion.
Aug 22, 2017, 15:14 PM IST
Essar Oil completes sale of India assets to Rosneft for $12.9 billion
The Ruias-run Essar Oil on Monday announced the completion of sale of its India assets to the Russian government controlled Rosneft-led consortium for USD 12.9 billion.
Aug 21, 2017, 12:07 PM IST
Cyber attack hits oil giant and banks in Russia and Ukraine
Russia`s top oil producer Rosneft said a large-scale cyber attack hit its servers on Tuesday and computer systems at some banks and the main airport in neighbouring Ukraine were also disrupted.
Jun 27, 2017, 21:47 PM IST
Oil wars: Know how Kremlin's $13 billion Indian deal almost fell apart
A multi-billion-dollar Russian deal to buy Indian refiner Essar was nearly sunk at the eleventh hour by a rival bid from Saudi Arabia as the two oil superpowers vie for supremacy across the world.
Nov 16, 2016, 09:01 AM IST
Vladimir Putin fires economy minister Alexei Ulyukayev over bribery charges
Russian President Vladimir Putin dismissed Economy Minister Alexei Ulyukayev on Tuesday over allegations he extorted a $2 million bribe from top oil producer Rosneft, a case which could expose fault lines in the Russian leader`s inner circle.
Nov 16, 2016, 00:46 AM IST
Russian Economy Minister detained on bribery charges
Russian Economy Minister Alexey Ulyukaev has been detained and is under investigation on suspicions of bribery.
Nov 15, 2016, 09:41 AM IST
Exclusive Conversation with Prashant Ruia, Group Director of Essar after deal with Rosneft
Exclusive Conversation with Prashant Ruia, Group Director of Essar after deal with Rosneft. Watch complete news story of for getting detailed updates!
Oct 17, 2016, 15:32 PM IST
ONGC Videsh gets govt nod to up stake in Russian oil field for $930 mn
ONGC Videsh Ltd (OVL) Wednesday got government nod to raise its stake in Russia's second biggest oil field of Vankor by 11 percent at an investment of USD 930 million.
Oct 05, 2016, 21:32 PM IST
Government clears ONG's extra 11% stake buy in Russia's Vankor fields
The cabinet has approved ONGC Videsh`s purchase of an additional 11 percent stake in Russia`s Vankor oil fields from Rosneft for $930 million, raising the Indian firm`s stake in the project to 26 percent, a government statement said.
Oct 05, 2016, 12:53 PM IST
ONGC Videsh to acquire 11% additional interest in East Siberia's Vankor Field
ONGC Videsh (and its wholly owned subsidiary ONGC Videsh Vankorneft Pte. Ltd., Singapore - OVVL) jointly signed definitive agreements with Rosneft, the national oil company of Russia for acquiring additional 11 percent shares in JSC Vankorneft, a company organised under the law of Russian Federation which is the owner of Vankor Field and North Vankor license.
Sep 15, 2016, 14:41 PM IST
Not clear of benefits to Rosneft on Essar stake buy: Moody's
Russia's top oil producer Rosneft may pay USD 2-3 billion to buy 49 per cent stake in Essar Oil, Moody's Investor Service said but raised doubt as to how will acquisition of non-controlling stake will create value for it
Mar 21, 2016, 20:04 PM IST
Rosneft to buy 49% stake in Essar Oil
Russia's top oil producer Rosneft today said it has reached a preliminary agreement to buy 49 percent stake in Essar Oil and the deal is likely to be concluded by June
Mar 16, 2016, 18:49 PM IST
OVL, Rosneft sign pact for Vankor oil field
The document was signed in the presence of the Russian President Vladimir Putin and Prime Minister Narendra Modi by OVL Managing Director Narendra K Verma and Rosneft Chairman of the Management Board Igor Sechin.
Dec 25, 2015, 11:53 AM IST
IOC, OIL sign pact with Russian oil firm Rosneft
The MoU document was signed in the presence of the Prime Minister Narendra Modi, and Russian President Vladimir Putin by IOC Chairman B Ashok, OIL Chairman & Managing Director UP Singh and the Chairman of the Rosneft Management Board Igor Sechin.
ONGC buys 15% stake in Russia's Vankor oil field for $1.35 bn
ONGC has bought a 15 percent stake in Russia's second- largest oil field from Rosneft for about USD 1.35 billion.
Sep 04, 2015, 10:59 AM IST
Rosneft 2Q net profit tumbles 22% to $1.99 billion
Russian oil giant Rosneft on Monday said its net profit fell by 22 percent in the second quarter from a year earlier, a stronger result than expected as the weak ruble partly offset falling oil prices.
Aug 31, 2015, 16:24 PM IST
Essar Oil signs pact to sell 49% stake to Russia's Rosneft
Essar said it "signed a non-binding Term Sheet with regard to Rosneft?s participation in the equity capital of Essar Oil Limited with a share of up to 49 per cent."
Jul 09, 2015, 11:17 AM IST
