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IIT(ISM) Dhanbad, EOGEPL Agrees For CBM Technological Innovations
Coal Bed Methane (CBM) gas producer, Essar Oil and Gas Exploration and Production Ltd (EOGEPL) said it has signed an agreement with IIT (Indian School of Mines) Dhanbad, to jointly work on research and development in CBM gas exploration.
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Indian Refineries Owe Over $2 Billion Oil Dues To Iran: Petroleum Minister
Four Indian refiners had outstandings of $6.11 billion in May, 2016 when formal banking channels were opened with Iran after nearly four years. They came down to $2.55 billion as on November 15 after public sector refiners paid most of their dues to Iran, the oil minister said.
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Oil Imports From Iran Surge To Highest In At Least 15 Years
The country's daily oil imports from Iran in August surged to their highest in at least 15 years as the Organization of Petroleum Exporting Countries (OPEC) producer boosted its shipments to recoup market share ceded to rivals Saudi Arabia and Iraq under pressure from economic sanctions.
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India's Iranian Oil Imports Dip In May As MRPL Shut Units
India's oil imports from Iran fell 3.5 percent in May from the previous month as Mangalore Refinery and Petrochemicals Ltd cut purchases because of the shutdown of some units at its plant.
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Essar Oil Says Rosneft Stake Buy in Advanced Due Diligence
Russia's top oil producer Rosneft is still carrying out due diligence to buy a stake in Essar Oil Ltd, the Indian group which runs India's second biggest private sector refinery said on Tuesday.
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Iran Wants Indian Refiners to Pay Oil Dues in Euros: Report
Iran has asked Indian refiners such as Essar Oil and MRPL (Mangalore Refinery and Petrochemicals Ltd) to clear its past oil dues amounting to over $6 billion in euros within six months.
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Essar Oil Completes De-listing Process With Rs 3,745-Crore Payout
Essar Oil Ltd on Tuesday announced completion of the company's de-listing from local stock exchanges after a payout of Rs 3,745 crore to shareholders, the largest in India's corporate history.
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Iran Woos Indian Refiners to Drive Oil Sales: Report
Spurred by the prospect of an end to western sanctions, Iran has agreed to consider Indian demands for steep oil price discounts and other buying incentives, sources said, as it works to rebuild market share in a world awash with crude.
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Essar Oil to Delist at Floor Price of Rs 146.05/Share
Essar Oil Ltd, India's second-biggest private refiner, has set a floor price of Rs 146.05 a share to buy out minority shareholders, the company said in a public notice.
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Essar Oil to Delist From Local Bourses
Essar Oil Ltd, India's second biggest non-state oil refiner, on Saturday issued a public notice to delist the company from local bourses by buying out the non-promoter shareholding of 28.54 per cent at Rs 146.05 per share.
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Indian Refiners Pay 2nd Tranche of $700 Million to Iran: Report
Indian refiners have paid a second installment of $700 million to Iran to partly settle pending oil dues, two industry sources said, after a July deal that set out a roadmap for the lifting of sanctions over Tehran's nuclear activities.
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India's Iran Oil Imports Fall to 5-Month Low in August
Essar Oil and Mangalore Refinery and Petrochemicals Ltd would shut units at their refineries for about a month from mid-September, leading to lower purchases from last month.
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Iran Asks India to Clear $6.5 Bn Oil Dues in 2 Months: Report
Iran has asked India to pay within two months $6.5 billion in past oil dues, partly in rupees and rest in dollars or euros, a top official said.
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Essar Oil Gets BSE Approval to Delist: Report
Spokespeople for the BSE and the NSE could not be immediately reached for comment. An Essar spokesman declined comment.
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Essar Oil to Shut Refinery for a Month: Report
Essar Oil Ltd will shut its 400,000 barrels-per-day (bpd) Vadinar refinery from the middle of September for a month, while Chennai Petroleum Corp Ltd will put a 1.85 million tonnes-per-year hydro-cracker plant on maintenance from July 19, officials said.
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IIT(ISM) Dhanbad, EOGEPL Agrees For CBM Technological Innovations
Coal Bed Methane (CBM) gas producer, Essar Oil and Gas Exploration and Production Ltd (EOGEPL) said it has signed an agreement with IIT (Indian School of Mines) Dhanbad, to jointly work on research and development in CBM gas exploration.
-
Indian Refineries Owe Over $2 Billion Oil Dues To Iran: Petroleum Minister
Four Indian refiners had outstandings of $6.11 billion in May, 2016 when formal banking channels were opened with Iran after nearly four years. They came down to $2.55 billion as on November 15 after public sector refiners paid most of their dues to Iran, the oil minister said.
-
Oil Imports From Iran Surge To Highest In At Least 15 Years
The country's daily oil imports from Iran in August surged to their highest in at least 15 years as the Organization of Petroleum Exporting Countries (OPEC) producer boosted its shipments to recoup market share ceded to rivals Saudi Arabia and Iraq under pressure from economic sanctions.
-
India's Iranian Oil Imports Dip In May As MRPL Shut Units
India's oil imports from Iran fell 3.5 percent in May from the previous month as Mangalore Refinery and Petrochemicals Ltd cut purchases because of the shutdown of some units at its plant.
-
Essar Oil Says Rosneft Stake Buy in Advanced Due Diligence
Russia's top oil producer Rosneft is still carrying out due diligence to buy a stake in Essar Oil Ltd, the Indian group which runs India's second biggest private sector refinery said on Tuesday.
-
Iran Wants Indian Refiners to Pay Oil Dues in Euros: Report
Iran has asked Indian refiners such as Essar Oil and MRPL (Mangalore Refinery and Petrochemicals Ltd) to clear its past oil dues amounting to over $6 billion in euros within six months.
-
Essar Oil Completes De-listing Process With Rs 3,745-Crore Payout
Essar Oil Ltd on Tuesday announced completion of the company's de-listing from local stock exchanges after a payout of Rs 3,745 crore to shareholders, the largest in India's corporate history.
-
Iran Woos Indian Refiners to Drive Oil Sales: Report
Spurred by the prospect of an end to western sanctions, Iran has agreed to consider Indian demands for steep oil price discounts and other buying incentives, sources said, as it works to rebuild market share in a world awash with crude.
-
Essar Oil to Delist at Floor Price of Rs 146.05/Share
Essar Oil Ltd, India's second-biggest private refiner, has set a floor price of Rs 146.05 a share to buy out minority shareholders, the company said in a public notice.
-
Essar Oil to Delist From Local Bourses
Essar Oil Ltd, India's second biggest non-state oil refiner, on Saturday issued a public notice to delist the company from local bourses by buying out the non-promoter shareholding of 28.54 per cent at Rs 146.05 per share.
-
Indian Refiners Pay 2nd Tranche of $700 Million to Iran: Report
Indian refiners have paid a second installment of $700 million to Iran to partly settle pending oil dues, two industry sources said, after a July deal that set out a roadmap for the lifting of sanctions over Tehran's nuclear activities.
-
India's Iran Oil Imports Fall to 5-Month Low in August
Essar Oil and Mangalore Refinery and Petrochemicals Ltd would shut units at their refineries for about a month from mid-September, leading to lower purchases from last month.
-
Iran Asks India to Clear $6.5 Bn Oil Dues in 2 Months: Report
Iran has asked India to pay within two months $6.5 billion in past oil dues, partly in rupees and rest in dollars or euros, a top official said.
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Essar Oil Gets BSE Approval to Delist: Report
Spokespeople for the BSE and the NSE could not be immediately reached for comment. An Essar spokesman declined comment.
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Essar Oil to Shut Refinery for a Month: Report
Essar Oil Ltd will shut its 400,000 barrels-per-day (bpd) Vadinar refinery from the middle of September for a month, while Chennai Petroleum Corp Ltd will put a 1.85 million tonnes-per-year hydro-cracker plant on maintenance from July 19, officials said.
