Tag: Essar Oil

Essar Oil to invest Rs 3,000 Cr in Raniganj CBM Block

Essar Oil to invest Rs 3,000 Cr in Raniganj CBM Block

Essar Oil and Gas will invest Rs 30B in its coal bed methane block in Raniganj to raise gas production.

Essar Oil appoints new CEO – E&P

Essar Oil appointed Manish Maheshwari as CEO – Exploration & Production (CEO – E&P). With around 23 years of experience, Maheshwari was the managing director of Hindustan Oil Exploration Company (HOTEC) until recently.

Essar Oil appoints new independent director

Essar Oil announced the appointment of Mr Virendra Singh Jain as an independent director. L K Gupta MD & CEO, Essar Oil said, "We welcome Virendra Singh Jain to the Essar Oil family. With an experience of over three decades at the helm of public and private sector enterprises, including two Maharatnas, his wide ranging experience and financial expertise will greatly enrich Essar Oil’s board.

Essar to double refinery capacity

Essar Oil will double the capacity of its Vadinar oil refinery in Gujarat to 20 million tons from its current capacity of 10.5 million tons per year.