NEW DELHI: Essar Group is exploring the sale of its 405,000 barrel-per-day oil refinery in Gujarat, as the conglomerate seeks funds to reduce its debt, two sources familiar with the matter said. Essar, which is controlled by the billionaire Ruia ... New Indian Express, 2 minutes ago
This update aims to provide a brief overview of key developments which have occurred in Iran during the past month and to highlight areas of future interest. In particular, the update covers notable developments in both the political arena and key ...Lexology, 7 hours ago
Iran has signed deals to sell crude oil to seven European companies, an official said on Sunday."So far, agreements for the sale of nearly 700,000 barrels per day (bpd) have been signed with the European firms," Xinhua news agency quoted National Iranian Oil ...Prokerala, 2 weeks ago RBI caps refiners' dollar buying for Iran dues to shield rupee The Financial Chronicle, 1 month ago Iran ends free shipping of oil to India: Pradhan Deccan Herald, 1 month ago Iran ends free shipping of crude oil Asian Age, 1 month ago
By Nidhi Verma NEW DELHI, June 8 (Reuters) - Indian refiners have turned toState Bank of India and Germany-based bankEuropaeisch-Iranische Handelsbank AG (EIH) to speed payment ofbillions of Iranian oil dues they still owe to Tehran, afterdelays in another ...Sify, 3 weeks ago
ISTANBUL (Reuters) - Indian oil refiners will clear around 6 billion euros ($6.7 bln) of outstanding debt to Iran through Turkey's Halkbank within a short period, a senior Iranian economy official said on Wednesday. India is one of the biggest buyers of ...Sify, 4 weeks ago Indian oil payment backlog to Iran to be cleared soon First Post.com, 4 weeks ago
Ahead of Prime Minister Narendra Modis maiden visit to Iran, Indian refiners have made first euro payments in four years to clear a part of the USD 6.4-billion in past oil dues. Mangalore Refinery and Petrochemicals Ltd (MRPL) has paid USD 500 million and ...Deccan Herald, 1 month ago Ahead of Modi's visit, Indian refiners clear part of Rs 43,000 crore dues to Iran Asian Age, 1 month ago
* State refiners looking to buy 240,000 bpd total from Iran * Essar Oil willing to take 120,000 bpd, HMEL smallervolumes * Reliance seeking to buy up to 120,000 bpd of heaviergrades * No more free shipping on sales, but Iran still givingdiscounts By Nidhi ...Sify, 2 months ago
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