essar oil shell
Tuesday, June 22nd, 2010
BP Buys UK Diesel Cargoes; Europe Gasoil Rises: Oil Products - BusinessWeek
BP Buys UK Diesel Cargoes; Europe Gasoil Rises: Oil Products BusinessWeek s Hetco unit sold to Shell, North Sea Group, Trafigura Beheer BV, Vitol Group, Cargill Inc. and Noble Group. The front-month gasoline crack, or premium to Brent, dropped to $6.88 a barrel from $7.07 yesterday, according to data from PVM Oil Associates ... |
SC asks Essar Oil to pay Rs6,309 crore - Daily News & Analysis
 Telegraph.co.uk | SC asks Essar Oil to pay Rs6,309 crore Daily News & Analysis By Promit Mukherjee The Ruias-controlled Essar Oil, which runs the country's second-biggest single location crude oil refinery at Vadinar in Gujarat, will have to shell out Rs6,309 crore as sales tax to the Gujarat government. Essar Energy plunges after Indian court ruling Essar Energy plunges 26pc as court overrules £1.2bn tax deferral |
Europe's refiners fall on hard times - Financial Times
Europe's refiners fall on hard times Financial Times “In terms of refining margins, the industry has hit rock bottom,” admits Volker Schultz, chief executive of Essar Oil UK, which runs the Stanlow refinery in Cheshire which was previously owned by Shell. “If these margins persist, it'll force a lot of ... |
Safety chief uses high-hazard visit to distinguish real health and safety from ... - Health and Safety Executive (press release)
 Health and Safety Executive (press release) | Safety chief uses high-hazard visit to distinguish real health and safety from ... Health and Safety Executive (press release) The Stanlow oil refinery is classified as a 'top tier' site under the Control of Major Accident Hazards (COMAH) Regulations 1999, and was taken over by Essar Oil last year. Ms Hackitt visited the training centre at the site, following a trip to TTE ... |
Shell to shut its main UK research base and transfer its work overseas - The Guardian
 The Guardian | Shell to shut its main UK research base and transfer its work overseas The Guardian Shell staff told the Guardian privately that they were "seething" that the oil firm had been gradually cutting staffing at Thornton after closing R&D bases at Sittingbourne in Kent and Egham in Surrey. They said it reflected a general reduction in the ... |
MARKET REPORT: Essar Energy on the radar - This is Money
 This is Money | MARKET REPORT: Essar Energy on the radar This is Money Bargain hunters took the view that Essar Energy is heavily oversold and with vague rumours that Royal Dutch Shell and ExxonMobil could be sniffing around – or billionaire 76 per cent shareholders the Ruia brothers could decide to take the India-focused ... |
Oil & Gas Sector: Frontera falls despite bullish update and SEDA - Stock Market Wire
Oil & Gas Sector: Frontera falls despite bullish update and SEDA Stock Market Wire Essar Energy (LON:ESSR) subsidiary Essar Oil is holding talks with the Gujarat government following a demand for a deferred sales tax repayment of $1.235bn plus interest. The demand follows a ruling by the Supreme Court of India earlier this month. |
Broker snap: Credit Suisse cuts forecasts across oil sector - ShareCast
Broker snap: Credit Suisse cuts forecasts across oil sector ShareCast LONDON (SHARECAST) - The fall in oil stocks today can be in part credited to Credit Suisse which slashed its fourth quarter earnings per share (EPS) across the global Integrated Oil sector, assessing its coverage on UK stocks Shell, BP and BG. |
FTSE 100: Tullow Oil sinks as blue-chips mark time - Telegraph.co.uk
 Telegraph.co.uk | FTSE 100: Tullow Oil sinks as blue-chips mark time Telegraph.co.uk But, investors were heartened by Tullow announcing that it is to team up with Royal Dutch Shell to explore for oil in the Atlantic. Tullow said the planned partnership would focus on making "transformational" discoveries in "underexplored frontier ... Top ten trades: Wednesday 18 January 2012 (until noon) |
Petroplus Prepares to File for Insolvency After Talks Fail: Zurich Mover - Bloomberg
 Bloomberg | Petroplus Prepares to File for Insolvency After Talks Fail: Zurich Mover Bloomberg BP sold the Coryton refinery in the UK to Petroplus in 2007, and Shell sold Petroplus the Petit Couronne plant in France a year later. Essar Energy Plc said its Stanlow refinery in the UK would look to “fill gaps in the market” caused by Coryton's ... Petroplus debt talks run out of fuel Europe Gasoline/Naphtha-Crack firms on Petroplus |
Essar Energy plunges after Supreme Court ruling
LONDON (Reuters) - A court ruling against London-listed Essar Energy's India-focused oil refiner wiped off over a quarter of the company's share market value on Tuesday. Essar Energy said that the ruling by India's Supreme Court means Essar Oil , the India-listed business in which Essar Energy owns a 87 percent stake, will no longer be able to defer payment of a sales tax, having hitherto ... Read more
London open: Footsie up early on, pharmas fall
London's FTSE 100 opened slightly higher on Monday morning helped by banking titans Royal Bank of Scotland and HSBC. Oil stocks Essar Energy, Tullow Oil and Royal Dutch Shell were tracking oil prices higher.... Read more
Essar Energy plunges 26pc as court overrules £1.2bn tax deferral
Essar Energy, the London-listed power giant, saw £592m wiped off its market value yesterday after a court in India ruled that it was not entitled to defer tax payments of $1.78bn (£1.2bn). Read more
Sector movers: Vodafone lifts telecoms, oil stocks drop
Vodafone was lifting the mobile telecommunications sector higher today. Read more
Britain's FTSE rises to six-month closing high
* FTSE 100 climbs 0.9 percent * Cyclical banks, commodities firm on Greece debt deal hopes * Essar Energy recovers, lifts Raniganj resources estimate LONDON, Jan 23 (Reuters) - Britain's top share indexhit ... Read more
UPDATE 2-Essar Energy plunges after Indian court ruling
* Court says firm can no longer benefit from tax deferralscheme * Company has benefited from deferred sales tax of $1.24 bln * Spokesman says company needs to clarify how much tax to bepaid back and when ... Read more
Broker snap: Credit Suisse cuts forecasts across oil sector
The fall in oil stocks today can be in part credited to Credit Suisse which slashed its fourth quarter earnings per share (EPS) across the global Integrated Oil sector, assessing its coverage on UK stocks ... Read more
Petroplus bankruptcy: Queues at the pumps despite Coryton oil refinery re-opening
The first of the fuel tankers left the Coryton refinery in Essex this morning (pictured), after a shutdown was triggered when its parent company went bust. Read more
London close: Footsie rises as markets await news from Greece
Markets await news from Greece. Essar Energy jumps over 10% Read more
Shell to shut its main UK research base and transfer its work overseas
Hundreds of scientists to be relocated as oil multinational aims to shift most research and development work to Germany by 2014 Shell is to shut its main UK research and development base and transfer the work overseas in a bitter blow to Britain's knowledge economy. Hundreds of senior scientists working at the centre at Thornton in Cheshire will be scattered to other offices in a move that ... Read more
