The group sold the assets of Essar Oil to Russia's Rosneft for $13 billion two years earlier.
Owner Essar Oil UK said the striking employees were not Essar employees and were of various contractor companies. The workers at the plant in Ellesmere Port are paid a regular bonus rate of 80p an ...
Essar says the chemistry and engineering is widely utilised and understood in the oil industry - though generally for maximising output by reinjecting CO2 into oilfields to squeeze out extra ...
Currently into oil, power, logistics, mining, retail, and infrastructure, the Essar Group was founded by the Ruia brothers Shashikant Ruia and Ravi Ruia in 1969 Shashikant Ruia, the co-founder of ...
Over the next few years Essar had to sell some its crowned jewels including the steel and oil businesses to clear the debt. “ It was a tough decision to sell these crown jewels which the Ruias ...
Essar’s portfolio businesses in the telecom, BPO, and oil and gas sectors have attracted more than $40 billion in monetization proceeds from global majors, including Vodafone, Brookfield ...