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Rosneft, consortium to acquire 98% in Essar Oil

Rosneft, consortium to acquire 98% in Essar Oil

Published : 18, Oct 2016

Transaction includes ~Rs 72,800 crore ($10.9 bn) for Essar Oil’s refining and retail assets, and ~Rs 13,300 crore ($2 bn) for Vadinar port and related infrastructure

Essar Oil to upgrade Vadinar refinery

Essar Oil to upgrade Vadinar refinery

Published : 8, Aug 2016

To invest more than Rs 1,600 crore and boost GRM by $1.50/bbl