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MUMBAI: Russia’s energy giant Rosneft and its partners have completed the $12.9-billion acquisition of Essar Oil, making a grand entry into the world’s most sought after energy market with plans of grabbing a larger share of the fuel retail market in India and significantly better financial performance. Essar Oil last month had announced completion of the company's delisting from local stock exchanges after a payout of Rs 3,745 crore to shareholders, the largest in India's corporate history. The company has complied with the "formalities for voluntary delisting of equity shares." Our Work For The Community. Building a better world is at the heart of who we are. At Nayara Energy, we are committed to sustainable development by delivering economic, social and environmental benefits to the communities in which we operate.
RIYADH (Reuters) - Growth in U.S. shale oil production will slow sharply over the next two years, the chief executive officer of U.S. oilfield services giant Schlumberger said on Tuesday.
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