Essar Oil completes optimisation project
Essar Oil announced that it has completed its optimisation project, which has taken the capacity of its Vadinar Refinery in Gujarat to 20 MMTPA,
Essar Energy gives up two oil blocks in Australia
The company has relinquished two offshore exploration blocks in the Northern Territory of Australia, for which it had bid in 2008 to secure crude oil supplies for its Vadinar refinery in Gujarat. However, the company is going ahead with exploration activities in several countries from Indonesia to Nigeria.
Essar Oil to acquire CBM gas blocks in India, abroad
Essar Oil, it is said, intends to acquire coal-bed methane (CBM) gas blocks both in India and abroad. The company had India's largest CBM acreage with over 10 trillion cubic feet of reserves and resources spread across five blocks.
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