Essar Oil Stake

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  Rosneft, Partners To Announce Acquisition Of India's Essar Oil Completed: Report

  Russian Major Rosneft will get a 49 percent stake in Essar, completing the biggest foreign acquisition ever in India, a report said.

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  Rosneft's Partner In Essar Deal May Sell Stake Within 5 Years

  Russian private investment group United Capital Partners (UCP), which is teaming up with oil giant Rosneft to buy India's Essar Oil in a $12.9 billion deal, said it may sell its stake within five years.

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  Trafigura In Talks To Buy Stake In Essar Oil: Report

  Trafigura could also get a stake in Essar's more than 2,000 retail fuel stations, a power plant and the Vadinar port, Bloomberg reported.

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  Ruias Plan To Sell Another 25% Stake In Essar Oil

  After stitching a deal to sell 49 per cent stake in Essar Oil to Russia's Rosneft, the Ruia family is looking at selling another 25 per cent stake in the company to an oil trader or a strategic investor like Saudi Aramco.

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  Russia's Rosneft to Buy 49% Stake in Essar Oil

  Russia's top oil producer Rosneft on Wednesday said it has reached a preliminary agreement to buy a 49 per cent stake in Essar Oil and the deal is likely to be concluded by June.

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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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  Essar Oil Surges Over 5% on Rosneft Deal

  Essar Oil shares surged as much as 5.1 per cent on Thursday to Rs 198.35 after Russia's Rosneft signed a deal to acquire up to 49 per cent stake in its Vadinar oil refinery.

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  Essar Oil Shares Fall Nearly 6% After Hitting 52-Week High

  Reuters, citing sources, on Thursday reported that Russian oil giant Rosneft's talks to buy a stake in the Essar Group company has hit a bump over valuations.

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  Rosneft Talks to Buy Essar Oil Stake Hit Bump Over Price: Report

  Two sources with knowledge of the deal said discussions between the two sides over the 400,000 barrel per day (bpd) refinery began in December, when Essar signed a deal to buy 200,000 bpd oil from Rosneft for a decade.

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  Russia's Rosneft in Talks to Buy Stake in Essar Oil: Report

  Russia's top oil producer Rosneft is in talks to buy about 50 per cent stake in Essar Oil Ltd for an undisclosed amount, according to sources.

• Essar Energy plans to sell Mombasa refinery stake to Kenya

  Essar had planned to increase the refinery's crude handling capacity to 4 million tonnes of crude per year (79,000 barrels per day) by 2018 from 1.6 million now but oil marketers in Kenya, unhappy with the refinery's products and costs, have called for it to be closed.

• Essar Energy Mauritius arm to buy 2.4 per cent stake in Essar Oil

  London-listed Essar Energy Plc said has said that its Mauritius-based unit will buy 2.41 per cent stake in Essar Oil for over Rs 267 crore.

• Essar eyes Shell's stake in four Nigerian oil fields

  Ruias-owned Essar Group is among four consortia in race to buy Royal Dutch Shell Plc's stake in four Nigerian oil fields. "At least one Indian group has expressed interest to buy the stakes," visiting Nigerian foreign minister Henry Odien Ajumogobia said. Though the minister did not name Essar, sources said Essar has bid together with Nigeri...