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Essar Oil eyes 2X gas production from its coal bed methane block

Essars current output of 0.9 million metric standard cubic meters a day (mmscmd) from Raniganj East block in West Bengal will rise to 2.3-2.4 mmscmd over the next 14-15 months, EOGEPL chief executive Pankaj Kalra said. ....

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Essar unveils blueprint for green economy at India Energy Week

Armed with a substantially lighter balance sheet after it repaid Rs 1,40,000 crore of loans over the last four years, the group now has a strong revenue stream of over Rs 1 lakh crore from existing businesses. ....

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Essar selects final technology partner for Essar Oil UK's Industrial Carbon Capture facility, ET EnergyWorld

This is another pivotal step towards Essar Oil UK s $1.2billion investments in decarbonising the refinery by reducing 2 million tons of CO2 (95 per cent) emissions, making it the world s first low carbon refinery and world s first low carbon fuel producer. ....

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Essar: Essar Oil and Gas Exploration Ltd Signs MoU with IIT-B Kolkata |

Essar Oil and Gas Exploration and Production Ltd (EOGEPL) has signed an MoU with IIT Bombay to collaborate on research and development initiatives focused on indigenous advancements in CBM technologies. Learn more about this partnership and its potential impact on India's energy sector. ....

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DRI moves tribunal against relief to Essar Group in over-invoicing case

Between March 2015 and August 2016, the Mumbai zone of the Directorate of Revenue Intelligence had issued issued show-cause notices (SCNs) against several Essar Group companies. . The agency said investigations showed the group allegedly siphoned off funds abroad through GSF, an intermediary in the UAE, which was controlled and managed by the Ruia family through the ultimate holding company of the Essar Group. ....

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