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Rosneft to tap retail fuel market| Pradhan
Union Petroleum Minister Dharmendra Pradhan said that Russian oil giant Rosneft has planned to tap the retail fuel market in India in a big way. "Rosneft, the Russian oil major, who recently took over Essar Oil, are planning in a big way to tap retail fuel market in India," Pradhan said.
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Rosneft to acquire Essar Oil for $12-$13 billion
A group led by Russian oil major Rosneft will acquire India´s Essar Oil in a $12 to $13 billion deal including debt, two sources privy to the deal said, strengthening the ties between the world´s largest oil producer and the world´s fastest growing fuel consumer.
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India´s oil cos plan Rs.3.4 trillion investments
During the Eleventh Plan period (2007-2012), domestic oil and gas players exceeded the planned capital expenditure outlay. They invested Rs 2,751.6 billion, 120 per cent of the planned target of Rs 2,289.9 billion.
Rahul Kamat, Ageing Infrastructure, Framework, De-Control Of Petroleum Products, Domestic Oil Gas, Indian Oil Corporation Ltd, PSU, Essar Oil, CGD, AK Srinivasan, ONGC, Mayank Ashar, Cairn India, RIL, Phulpur Gas Pipeline Project
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Govt wooing global oil giants to invest in India
Petroleum and natural gas minister Dharmendra Pradhan wants to make India a refining and petrochemicals hub and is wooing international energy majors such as Saudi Aramco and Sabic to invest in India´s refining and petrochemicals sector
Petroleum, Natural Gas, Dharmendra Pradhan, Petrochemicals Hub, Wooing International Energy, Saudi Aramco, Sabic, Refining, Petrochemicals, Reliance Industries, Essar Oil, Japan, Korea, China, South East Asian
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