Thursday, Sep 29, 2022 | Last Update : 04:21 PM IST


Russia's Rosneft keen to bid for BPCL

The government is selling all of its 53 per cent stake in BPCL in the country's biggest privatisation plan.

05 Feb 2020 1:04 PM

Ex-Essar Oil shareholders to get additional Rs 75.48 per share

This is additional payout over and above price of Rs 262.80 per share paid to shareholders at the time of delisting.

22 Aug 2017 4:46 PM

Essar Group says non-compete clause with Rosneft only for 3yrs

Rosneft will pay a royalty to Essar Group for using brand name of Essar Oil at over 3,500 petrol pumps.

22 Aug 2017 9:45 AM

Essar to trim 67 per cent of Rs 1.05 trillion debt with Rosneft deal

Essar Group director Prashant Ruia described debt reduction of Rs 70,400 crore as largest in history of corporate India.

21 Aug 2017 8:51 PM

Essar Oil-Rosneft deal bars Ruias from re-entering oil refining in India

However, the Ruias will continue to run their refinery in Britain wherein they has 9 million tonne facility at Stanlow.

21 Aug 2017 8:02 PM


Essar Oil CEO resigns as Rosneft takes over after USD 12.9 billion deal

Rosneft and its partners restructured the board of the company, packing it with their representatives.

21 Aug 2017 7:19 PM

Essar Oil completes sale of India assets to Rosneft for USD 12.9 billion

Essar Oil-Rosneft deal is the largest foreign direct investment (FDI) into the country till date.

21 Aug 2017 12:12 PM

Cyber attack hits oil giant and banks in Russia and Ukraine

A Moscow cyber security firm, Group-IB, said it appeared to be a coordinated attack simultaneously targeting victims in Russia and Ukraine.

27 Jun 2017 9:09 PM

IB, Home Ministry red flag Essar-Rosneft deal

Security agencies raise objections over inclusion of Vadinar port in sellout agreement.

24 Jun 2017 9:32 AM

Lenders okay sale of Rs 86,000-crore Essar Oil to Rosneft

The sale involves the Ruias almost exiting its cash cow in favour of Russian giant Rosneft and a consortium led by Trafigura-UCP.

23 Jun 2017 2:01 PM


Rosneft CEO says takeover of India's Essar is closed

Rosneft will hold 49 per cent stake; deal will allow Rosneft to increase oil refining output by 20 per cent.

22 Jun 2017 4:55 PM