Posts Tagged ‘essar’

Rosneft enters India’s energy market by acquiring Essar Oil for $13bn

     Russia’s Rosneft and its partners including Dutch commodity trading house Trafigura have finalized the $12.9 billion purchase of India’s second-largest oil refiner Essar Oil. It’s the biggest foreign acquisition in the South Asian country. The deal announced last October gives Rosneft a 49 percent stake in Essar. According to an Essar Group statement, Trafigura […]

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