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Roseneft News

15 Oct 2016

Rosneft-led group acquires Essar Oil in all-cash deal for nearly $13 billion

Russia's state-controlled oil giant Rosneft and its partners today took over India's second biggest private oil firm Essar Oil in an all-cash deal valued for about USD 13 billion.

14 Oct 2016

Rosneft, Essar Oil $13 billion deal to pay way for biggest FDI investment in India

Russian oil giant Rosneft, together with Singapore-based trading firm Trafigura and Russia-based financial investor UCP are likely to acquire 97.4 percent stake in Essar Oil for about USD 13 billion. This transaction is expected to become the biggest foreign direct investment inflow into India.

25 Mar 2016

OVL gets Russian government nod for $1.268 billion Vankor deal

Russian government has approved ONGC Videsh Ltd's deal to buy 15 per cent in the country's second biggest oil field of Vankor from Rosneft for USD 1.268 billion

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