essar africa talks

Essar Africa takes control of steel plant in Zimbabwe

To start with, Essar will invest $115 million (about Rs 575 crore) in 12-18 months to refurbish the plant and achieve a production capacity of 0.5 million tonnes per annum (mtpa).

Pitching Stories | Africa Talks

Africa Talks creates space for thoughtful and nuanced coverage of stories across the continent. We provide an international audience with accurate, in-depth news, commentary and analysis on important stories unfolding in countries within …

Dhabi and India's Essa in talks over Africa expansion

Essar Group may invest into Dhabi Group's telecommunication business in Africa. Essar Group may invest into Dhabi Group's telecommunication business in Africa. Close Search for: Search ... Technology > Dhabi and India's Essa in talks over Africa expansion. By Reuters. Sun 19 Jul 2009 Tue 2 Nov 2021. SHARE. FB LN TW MAIL LN LN

Essar | World Economic Forum

Essar | World Economic Forum. Headquarters. India. Essar is a multinational corporation with investments in the sectors of steel, energy (oil and gas, and power), infrastructure …

Essar Completes Refinery Acquisition, Plans to Retail Fuel in …

Ruia told the Hindu Business Line that the acquisition marks Essar's entry into overseas refining, provides an excellent addition to the company's assets, and fits well with the group's strategy of enhancing its presence in the growing African market. Essar Oil operates a 280,000-b/d refinery at Vadinar in Gujarat, which is being expanded ...

Essar: Leading Businesses Across Energy, Infra, Metals, …

Ravi has overseen Essar's globalization plans, including new ventures in the United States, Africa, South East Asia and the Middle East, and has led several investments and divestments for Essar globally. Ravi was a recipient of the Business India Businessman of the Year Award 2010. ... Essar was founded in 1969 by his father, Shashi Ruia ...

Essar to finalise sale of Sh8.5bn yu stake in March | Nation

India's Essar will in March complete talks to sell an undisclosed stake to a strategic investor in yu Mobile for $100 million (Sh8.54 billion). The firm says it needs the Sh8.54 billion immediately and more cash in the short term to widen its footprint in Kenya and upgrade its network from 2G to 3G — which allows for faster data speeds.

Essar talks with Dhabi Gp. on Africa telecom deal | Reuters

Dhabi, a group of investors based in the UAE, and Essar agreed to enter exclusive talks for the latter to put equity into the African businesses of the middle eastern group for growth capital ...

Essar Talks With Dhabi Gp. On Africa Telecom Deal

India's Essar Group may invest into Dhabi Group's telecommunication business in Africa to expand operations in the region, the Indian energy-to-steel conglomerate said in a statement on Sunday. Dhabi, a group of investors based in the UAE, and Essar agreed to enter exclusive talks for the latter to put equity into the African businesses of the ...

2023 Archives

Black Box Talk Series: CEO Sanjeev Verma Unveils Company Insights ... At Essar, the 40th Founder's Day was more than a celebration—it was an occasion to recognise our …

'We need a decarbonisation strategy': climate shift threatens …

Essar has said it wants to invest $2.4bn in the UK, but its hydrogen plans depend on state support. EET Hydrogen is in talks with the UK government about a contract to support revenues from the planned new hydrogen plant, as part of wider measures to help the nascent industry compete with natural gas.

Essar Oil reopens talks with Shell for 3 refineries

Essar Oil Ltd said on Monday that it has "re-engaged" in discussions to buy three of Royal Dutch Shell Plc's European refineries. The company is also eyeing acquisition of refining assets in ...

Dhabi and India's Essa in talks over Africa expansion

Dhabi, a group of investors based in the UAE, and Essar agreed to enter exclusive talks for the latter to put equity into the African businesses of the Middle …

India Essar in talks to buy Trinity Coal-source | Reuters

India's Essar Group is in talks to buy Trinity Coal from U.S. private-equity firm Denham Capital, a source familiar with the matter said. ... Markets category South African rand weakens against ...

Reliance, Essar eye BP's Africa retail ops-sources | Reuters

BP Plc is in talks with India's Reliance Industries and Essar Group to sell its African retail assets that could be worth as much as $500 million, four sources with direct ...

Essar Projects strengthens its foothold in Africa – …

Essar Projects – the global EPC arm of Essar – has recently been awarded the contract for undertaking Commissioning activities for a greenfield refinery being set …

Black Box Talks: Rick Gannon's Exclusively unboxes the

Explore the technology realm in the latest 'Black Box Talk,' showcasing Rick Gannon, Senior VP of Global Solutions Integration. Engaging in dialogue with Neelam Kapoor, VP of Marketing, Rick unveils essential insights. Rick explores: Join Rick in looking beyond day-to-day tasks and planning for our USD 2 billion goal. For Essar and Black …

Gulf Petrochem Acquires Essare Petroleum East Africa Ltd

Wed, 07/01/2015 - 00:00. SHARJAH, UAE (1 July, 2015) – Gulf Petrochem Group announces the official acquisition and name change of Essar Petroleum East Africa Ltd to ASPAM Energy (Kenya) Ltd. The deal will enhance the group's integrated services and products for the downstream supply chain in the oil and gas sector in East Africa.

Kenya to buy Essar's KPRL stake for $1.7m

The Kenyan government has agreed to pay $1.7 million (KSh150 million) for the 50 per cent stake held by Essar Energy in the Kenya Petroleum Refineries Ltd (KPRL) as the Indian oil giant exits a ...

Essar Talks With Dhabi Gp. On Africa Telecom Deal

India's Essar Group may invest into Dhabi Group's telecommunication business in Africa to expand operations in the region, the Indian energy-to-steel conglomerate said in a …

Inside Blackbox: President & CEO Sanjeev Verma Talks

Inside Blackbox: President & CEO Sanjeev Verma Talks Strategy on CNBC Awaaz. December 26, 2023. CNBC Awaaz. In an exclusive interview on CNBC Awaaz, President and CEO Sanjeev Verma, provides a candid overview of the inner workings of Blackbox. During the discussion, Sanjeev breaks down key aspects, shares insights into …

Nigerian Billionnaire to Establish Oil Trading Firm

Print. LONDON, March 5 —Africa's richest man Aliko Dangote is planning to set up an oil trading arm, likely based in London, to help run crude and products supply for his new refinery in Nigeria, six sources familiar with the matter said. The move would reduce the role of the world's biggest trading firms, which have been negotiating for ...

Essar Oil in talks to extend January UK VAT payment deadline

Sept 26 (Reuters) - Essar Oil UK, the operator of Britain's Stanlow oil refinery, is in talks with UK authorities over extending a January deadline to repay hundreds of millions of pounds in ...

Essar gets Sh7.5 billion to expand network

Kenya's fourth mobile services provider, Essar Telecom Kenya (Yu) says it has received a Sh7.5 billion from Pan African Infrastructure Development Fund (PAIDF) …

Shell in talks with Essar on refineries sale | Financial Times

Royal Dutch Shell, the Anglo-Dutch energy group, confirmed on Friday that it was in talks to sell three European refineries to Essar, the Indian conglomerate.

Essar, Petro Vietnam hold JV talks

The Essar Group is in talks with PetroVietnam Exploration Production Corporation (PEVP), a Vietnam-based, state-owned company, for jointly exploring oil and gas opportunities. The joint venture will cover Vietnam and other countries, where PEVP has interests in oil blocks. ... Africa, and an offshore block in Nigeria. ...

Essar Projects strengthens its foothold in Africa – mobilizes …

Essar has time and again demonstrated its ability to build and operate world-class assets that have elicited the interest of the best global players. Essar's portfolio businesses in the Telecom, BPO and Oil & Gas sectors have attracted more than $30 billion of monetization proceeds from global majors, like Vodafone, Rosneft and Trafigura.

Occidental Petroleum in Talks to Buy CrownRock, WSJ Reports

(Bloomberg) --Occidental Petroleum Corp. is in talks to buy shale driller CrownRock LP, according to the Wall Street Journal, as the consolidation wave in North America's most prolific oil field gathers momentum.A deal for CrownRock could be valued above $10 billion including debt and could come together soon, the newspaper reported, …

Essar, Dhabi Group Discuss Africa Telecom Deal

MUMBAI - India's Essar Group may invest into Dhabi Group's telecommunication business in Africa to expand operations in the region, the Indian …

Essar Oil in talks to extend January UK VAT payment …

Essar in May secured more than $850 million in financing for the Stanlow refinery after hitting short-term financial difficulties. Stanlow, which employs 900 people directly and a further 800 contractors on site, supplies road fuel to northwest England, and jet fuel to Manchester and Birmingham airports.