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US Steel Canada rejects offer from Essar consortiumUS Steel Canada on Wednesday rejected a buyout offer from Ontario Steel Investments, a group that includes shareholders of Essar Global, saying it was not considering further proposals by Essar, which had been eliminated from the sale process. More… |
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UAE's Gulf Petrochem acquires Kenyan oil companyUAE-based Gulf Petrochem Group has announced the acquisition of Essar Petroleum East Africa in a bid to enhance the group’s services and products for the downstream supply chain in the oil and gas sector in East Africa. Gulf Petro More… |
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UAE's Gulf Petrochem acquires Kenyan oil companyUAE-based Gulf Petrochem Group has announced the acquisition of Essar Petroleum East Africa in a bid to enhance the group’s services and products for the downstream supply chain in the oil and gas sector in East Africa. Gulf Petro More… |
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Essar, Rosneft to sign major energy dealIndia's Essar Group will sign a long-term crude oil import deal with Russia's Rosneft during President Vladimir Putin's visit to New Delhi on Thursday, government and industry sources said. "Essar will sign an MoU More… |
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Essar, Rosneft to sign major energy dealIndia's Essar Group will sign a long-term crude oil import deal with Russia's Rosneft during President Vladimir Putin's visit to New Delhi on Thursday, government and industry sources said. "Essar will sign an MoU More… |
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Essar unit wins $54m Saudi Aramco contractLeading EPC contractor Essar Projects’ unit Hydrocarbon SBU has won a $54 million maiden contract from Saudi Arabian national oil company Saudi Aramco, said a report. The project involves the upgradation of a Crude Stabiliza More… |
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MMG, Essar in construction services dealMohammed Al-Mojil Group (MMG), one of the largest Saudi construction service providers, has signed an MoU with Essar Projects (EPL), a global engineering, procurement, construction contractor to provide construction services for project developm More… |
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India's Essar to scrap Saudi crude dealIndia's Essar Oil will scrap its annual term crude deal with Saudi Arabia from 2012 because the refiner is not getting the grades it wants, revelaed a source with direct knowledge of the deal. Essar has an agreement to import 20,000 barrel More… |
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Indian firm in talks to buy Egypt's KandilIndia's Essar Steel is reportedly in talks to acquire Egypt's Kandil Steel. The Indian steel giant is believed to have sent feelers to Kandil Steel and is likely to offer a formal proposal to its management in the near future, the More… |
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Essar set to raise $2.5bnIndian conglomerate Essar Group said it plans to raise about $2.5 billion by listing its energy and power businesses on the London bourse, tapping new investors to fund its ambitious expansion plans. Essar, controlled by billionaire brothe More… |
