Last Updated: Wednesday, July 15, 2015, 16:33
Essar Oil will shut the Vadinar refinery in Gujarat for planned maintenance, Chief Executive L.K. Gupta said. Trade sources had earlier said the shutdown could happen in July-August.
Last Updated: Thursday, July 9, 2015, 11:17
Essar said it "signed a non-binding Term Sheet with regard to Rosneft?s participation in the equity capital of Essar Oil Limited with a share of up to 49 per cent."
Last Updated: Thursday, July 9, 2015, 10:53
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.
Last Updated: Monday, April 27, 2015, 18:19
Commissioning its Rs 34,555-crore Paradip oil refinery in Odisha, state-owned Indian Oil Corporation (IOC) Monday said it will start full-fledged production by the end of the year.
Last Updated: Sunday, April 26, 2015, 22:15
Output from the $5.2 billion Paradip refinery will compete with rising supplies of fuels from new and expanded plants in the Middle East and China, putting pressure on the profit margins of Asian refiners.
Last Updated: Tuesday, December 23, 2014, 19:18
State-run Indian Oil Corporation (IOC) Tuesday said it will be investing Rs 6,800 crore on capacity expansion and improving fuel quality at its Gujarat refinery unit.
Last Updated: Wednesday, September 18, 2013, 13:32
Prime Minister Manmohan Singh and UPA Chairperson Sonia Gandhi will visit Rajasthan on September 21 and 22, respectively, to inaugurate metro and oil refinery projects in the state.
Last Updated: Tuesday, September 10, 2013, 00:41
Twin bombings near an oil refinery north of Baghdad were among a series of attacks that killed eight people on Monday, officials said, part of a surge in nationwide violence.
Last Updated: Tuesday, April 9, 2013, 19:28
State-owned BHEL's Tiruchirappalli unit is preparing to foray into non-power sector by manufacturing components for oil refineries and defence applications, a top company official said Tuesday.
Last Updated: Tuesday, March 12, 2013, 17:18
Central security agencies are looking into appearance of a mysterious illumination object over the Jamnagar oil refinery in Gujarat, the Lok Sabha was informed on Tuesday.
Last Updated: Sunday, January 13, 2013, 20:03
The state-owned refinery in the central Darkhan province will be built by Japan's Toyo Engineering Corporation with Mongolian companies as sub-contractors.
Last Updated: Tuesday, August 28, 2012, 11:08
The death toll in Venezuela refinery oil blast has now risen to 48 even as the fire continues to spread and has reached the third tank.
more videos >>
