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Essar Oil posts Rs 684 cr profit in Apr-June period

Last Updated: Wednesday, August 13, 2014, 20:02

Essar Oil on Wednesday reported a net profit of Rs 684 crore in the June quarter as opposed to a net loss of Rs 863 crore in the same period last year, after its Vadinar refinery posted best refining margins among its public and private sector peers.

Essar to shut 40,000 bpd crude unit for seven days in Aug second half

Last Updated: Thursday, August 07, 2014, 12:03

Essar operates a 400,000-barrel-per-day refinery at Vadinar in Gujarat.

Essar Oil completes exit from CDR

Last Updated: Thursday, April 04, 2013, 21:03

India's second-largest private sector refiner said the CDR loan facility has been replaced with a new debt facility of about Rs 9,100 crore on commercial terms from similar group of lenders.

Essar completes Vadinar expansion 4 months before schedule

Last Updated: Tuesday, June 05, 2012, 15:33

Ruias-promoted Essar Oil on Tuesday announced completion of its Rs 10,000-crore expansion project, four months ahead of schedule, at the Vadinar refinery in Gujarat, taking the annual capacity to 20 million tonne.

Essar Oil up 3% on completion of Vadinar refinery expansion

Last Updated: Friday, March 30, 2012, 12:31

Shares of Essar Oil surged more than 3 percent in early trade after the company announced the completion of Vadinar refinery expansion, that will boost its turnover by 30-35 percent and improve margins.

Essar Oil completes Vadinar refinery expansion

Last Updated: Thursday, March 29, 2012, 16:13

Essar Oil on Thursday announced completion of Rs 8,300-crore expansion of its Vadinar oil refinery in Gujarat that will boost company's turnover by 30-35 percent, besides improving margins.

Essar Oil commissions 2 units at Vadinar refinery

Last Updated: Wednesday, March 21, 2012, 18:56

Essar Oil Tuesday said it has commissioned two more units as part of its Rs 8,300-crore expansion of its Vadinar oil refinery capacity to 18 million tons.

Essar Oil starts two key units at West India refinery

Last Updated: Wednesday, March 21, 2012, 14:38

Essar Oil Ltd said Wednesday it started a new vacuum gas oil hydrotreating unit and a sulphur recovery unit at its Vadinar refinery in the western Indian state of Gujarat.

Essar Oil commissions third new unit at Vadinar Refinery

Last Updated: Monday, January 16, 2012, 20:17

An optimisation project is also under execution at the refinery to further increase the capacity to 20 million tones by September, 2012.

Essar Oil commissions ISOM unit at Vadinar refinery

Last Updated: Thursday, December 08, 2011, 21:22

Essar Oil on Thursday announced commissioning of a new Isomerization unit at its Vadinar refinery that will help the firm produce Euro IV grade petrol of high octane rating and almost zero sulphur content.

Essar completes Vadinar refinery shutdown

Last Updated: Monday, October 24, 2011, 17:00

London-listed Essar Energy plc has completed a 35-day shutdown of its Vadinar refinery in Gujarat that helped it to tie-in new units required for a USD 1.85 billion capacity expansion.