NK Rosneft' PAO (ROSN.MM)
20 Aug 2017
MUMBAI Russian oil major Rosneft and partners closed their $12.9 billion purchase of Indian refiner Essar Oil on Monday, giving them a foothold in one of the world's fastest growing oil users.
* Rosneft may supply Venezuelan oil to Vadinar refinery (Recasts, adds analysts quotes)
MOSCOW Russia's largest oil producer Rosneft said on Monday it had successfully closed a deal to buy a 49 percent stake in Indian private refiner Essar Oil Limited (EOL).
* CEO says Essar-Rosneft deal reduces ICICI Bank's exposure to the Essar Group by about 50 pct Source text: [Ms. Chanda Kochhar, MD & CEO, ICICI Bank said, "We welcome the acquisition of Essar Oil by the Rosneft-led consortium. ICICI Bank has played a key role through the entire process of completion of the transaction since it was announced in October last year. I am delighted to note that the entire ecosystem including the government, regulators, banks and various authorities worked together
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NEW DELHI/MUMBAI A consortium led by Russian oil major Rosneft will announce on Monday completion of a $12.9 billion deal to acquire Indian private refiner Essar Oil, strengthening ties between the world's largest oil producer and the fastest growing fuel consumer.
NEW DELHI/MUMBAI, Aug 20 A consortium led by Russian oil major Rosneft will announce on Monday completion of a $12.9 billion deal to acquire Indian private refiner Essar Oil, strengthening ties between the world's largest oil producer and the fastest growing fuel consumer.
Aug 18 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:
Aug 18 The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Friday:
HONG KONG/BEIJING CEFC China Energy, which has grown from a niche oil trader to a sprawling energy conglomerate, is in talks to acquire a stake in Russian state oil giant Rosneft , three people with direct knowledge of the discussions said.