KalpanaPathak
Stories by KalpanaPathak
Rosneft-owned Essar Oil looks to raise $446m in debt funding
The debt will be raised through non-convertible debentures through a private placement in one or more tranches.
Shell India unit sells 8.5% stake in Mahanagar Gas
After a block deal on stock exchanges, Shell’s share in Mahanagar Gas has come down from 32.50% to 24%.
India: RIL to sell part of Eagle Ford shale assets in the US for $100m
The sale involves “certain acreage, producing wells and related assets in the western portion of its Eagle Ford shale position”.
India: BPCL unit looking to raise $600m to refinance debt
Bharat Petro Resources (BPRL), the exploration and production arm of BPCL, accumulated the debt across its acquisitions of global hydrocarbon assets.
India: Adani Gas plans direct listing of shares
In January, the Adani Group decided to demerge its gas sourcing and distribution business into a new company called Adani Gas Ltd.
Oman, Kuwait and Abu Dhabi oil companies eye stake in Bharat Petroleum refinery
Oman Oil Co., Kuwait National Petroleum Co. and Abu Dhabi National Oil Co. are in talks to buy up to 24% stake in Madhya Pradesh’s Bina refinery.
India: Bharat Petroleum to raise $200m for Abu Dhabi asset purchase
A consortium comprising ONGC Videsh, Indian Oil and Bharat Petroleum's overseas arm recently acquired a 10% stake in the ADNOC Group owned concession.
India: RIL subsidiary to acquire 5% stake in Eros International for $154m
RIL and Eros International Media Ltd will partner to jointly produce and consolidate content from across India.
India: IndiGrid acquires 3 transmission assets, buys 46% stake in Patran for $36m
The three assets include RAPP Transmission Co., Purulia and Kharagpur Transmission Co. and Maheshwaram Transmission (together MRP).
Reliance arm buys 65% of Maker Group-backed Indian Film Combine
RIIHL said it would buy a 20% stake from an arm of Xander Group for Rs340 crore and 45% from entities belonging to the RIL promoter group for Rs765 cr
