Rosneft to Close $10 bn Essar Oil, Vadinar Refinery Deal in a Few Weeks

​​ Russian oil major Rosneft on Wednesday said that the company will close $10.9 billion (Rs 72,800 crore) acquisition of Essar Oil and Vadinar refinery within a few weeks. “We are closing the deal of Essar Oil and Vadinar refinery within a few weeks,” said a Rosneft official, president and chairman of Rosneft told the media on the sidelines of Petrotech Summit in New Delhi. This will […]

Indonesia’s Wintermar expands into Myanmar

Offshore vessel services (OVS) firm Wintermar Offshore Marine is seeking to expand to other Southeast Asian countries to cope with the decline in oil and gas activities in Indonesia, the company’s executive has said. President director Sugiman Layanto said that his company was exploring the opportunity to operate in Myanmar, Vietnam and Brunei Darussalam to […]