Vadinar Oil Refinery News

Companies

Nayara Energy takes RBI, ED to court over Fema

Nayara Energy, formerly Essar Oil that was acquired by Russia's Rosneft, is seeking stay on an RBI order imposing penalty for Fema violations

2 min read4 Jan 2019
Industry

Essar said to be near binding deal on sale of $6.5 billion refiner to Rosneft

The deal with Rosneft includes the refinery as well as the Vadinar port and more than 2,000 retail gas stations; Essar aims to sign the final agreement in the next two weeks

1 min read7 Oct 2016
Companies

Essar eyes sale of Vadinar refinery in Gujarat: report

Essar is facing pressure from creditors to reduce borrowing that some analysts estimate at more than $14 billion

2 min read1 Jul 2016

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