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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 IST

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

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 IST

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...

23 Jun 2017 2:01 PM IST