World Library  
Flag as Inappropriate
Email this Article

Essar Oil

Article Id: WHEBN0018175598
Reproduction Date:

Title: Essar Oil  
Author: World Heritage Encyclopedia
Language: English
Subject: Essar Group, Essar Refinery, Essar Energy, Petrol stations in India, Equinox Realty
Collection:
Publisher: World Heritage Encyclopedia
Publication
Date:
 

Essar Oil

Essar Oil
Public company
Traded as BSE: 500134
NSE: ESSAROIL
Industry Oil and gas
Headquarters Mumbai, India
Key people
Ravi Ruia, Chairman
Lalit K Gupta, MD, CEO
Products Petroleum, fuels, natural gas and other petrochemicals
Revenue 983.53 billion (US$15 billion) (2014)[1]
21.55 billion (US$330 million) (2011)
Total assets 210.84 billion (US$3.2 billion) (2011)
Owner Essar Group
Parent Essar Energy plc[2]
Website .in.co.essaroilwww

Essar Oil is an India-based company engaged in the exploration and production of oil and natural gas, refining of crude oil, and marketing of petroleum products. It is a part of the Essar Group based in Mumbai. It operates a major refinery in Vadinar, Gujarat, India, which made it the second largest non-state refiner in India in 2009.[3]

In July 2009, Essar acquired a 50% stake in Kenya Petroleum Refineries Ltd.[4] In July 2012, following Gujarat High Court's directions Gujarat Government seized three bank accounts of the company to recover its tax dues of Rs80 billion.[5]

References

  1. ^
  2. ^ Essar Oil Ltd subsidiary of Essar Energy plc [LSE: ESSR, the India-focused integrated energy]
  3. ^
  4. ^
  5. ^
This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and USA.gov, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for USA.gov and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
 
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
 
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.
 


Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.