Monday, Jan 30, 2023 | Last Update : 12:55 PM IST


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 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

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