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Essar Oil
Nayara Energy Limited (pronounced na-yaa-raa -ˈnæ.ˈjɑː rə) () is an Indo-Russian downstream oil company based in Mumbai, India, that encompasses refining, marketing, production and a network of over 6,000+ retail fuel outlets in India. It operates India's second-largest oil refinery in Vadinar, Gujarat. In 2017, Essar Oil was acquired by Rosneft and an investment consortium led by Trafigura & UCP Investment Group. Nayara ranked 21st in the Fortune India 500 list in 2020. History Nayara Energy operates the second-largest refinery in India. It is located in Vadinar, Devbhoomi Dwarka District, a few kilometers away from the world's largest refining complex (Jamnagar Refinery of Reliance Industries) It was a publicly traded company ( and ) until it was taken private in a leveraged buyout which closed on 30 December 2015. It was delisted valued at ₹380 billion (US$5.3 billion). In August 2017, Rosneft Singapore Pte Limited (49.13%) and Kesani Enterprises Company Limit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vadinar
Vadinar is small coastal town located in Devbhumi Dwarka district of the state of Gujarat, India. The offshore oil terminal of the Kandla Port Trust (K. P. T.) (Previously known as Kandla Port Trust, Kandla Port Trust is renamed as Deendayal Port Trust with effect from 25 September 2017, says a notification issued by the ministry of shipping) is located in Vadinar and contributes in a large way to the total earnings of this major port. Vadinar is now notable due to the presence of two refineries which are close by - one promoted by Reliance Industries and the other by Essar Oil Ltd. A salt production unit is located in Vadinar. The famous Narara Narara () is a suburb just north of Gosford on the Central Coast region of New South Wales, Australia. It is part of the local government area. The suburb is mostly residential but also holds Narara railway station on the Central Coast & Ne ... Island, which is part of Marine National Park, is situated 7 kilometers away from ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jamnagar Refinery
The Jamnagar Refinery is the private sector crude oil refinery owned by Reliance Industries in Jamnagar, Gujarat, India. The refinery was commissioned on 14 July 1999 with an installed capacity of . Its current installed capacity is . It is currently the largest refinery in the world. History On 25 December 2008, Reliance Petroleum Limited (RPL) announced the commissioning of its refinery into a Special Economic Zone in Jamnagar district of Gujarat, India. The completion of the RPL (Reliance Petroleum limited) refinery has enabled Jamnagar to emerge as a 'Refinery land', housing the world's largest refining complex with an aggregate refining capacity of of oil per day, more than any other single location in the world. The globally competitive RPL refinery was commissioned in 36 months. RPL contracted several companies having expertise in engineering construction and refining like Bechtel, UOP LLC and Foster Wheeler (Multinational Company)amongst others. There were plans ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1969 Establishments In Maharashtra
This year is notable for Apollo 11's first landing on the moon. Events January * January 4 – The Government of Spain hands over Ifni to Morocco. * January 5 **Ariana Afghan Airlines Flight 701 crashes into a house on its approach to London's Gatwick Airport, killing 50 of the 62 people on board and two of the home's occupants. * January 14 – An explosion aboard the aircraft carrier USS ''Enterprise'' near Hawaii kills 27 and injures 314. * January 19 – End of the siege of the University of Tokyo, marking the beginning of the end for the 1968–69 Japanese university protests. * January 20 – Richard Nixon is sworn in as the 37th President of the United States. * January 22 – An assassination attempt is carried out on Soviet leader Leonid Brezhnev by deserter Viktor Ilyin. One person is killed, several are injured. Brezhnev escaped unharmed. * January 27 ** Fourteen men, 9 of them Jews, are executed in Baghdad for spying for Israel. ** Revere ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Formerly Listed On The Bombay Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Companies Established In 1969
Indian or Indians may refer to: Peoples South Asia * Indian people, people of Indian nationality, or people who have an Indian ancestor ** Non-resident Indian, a citizen of India who has temporarily emigrated to another country * South Asian ethnic groups, referring to people of the Indian subcontinent, as well as the greater South Asia region prior to the 1947 partition of India * Anglo-Indians, people with mixed Indian and British ancestry, or people of British descent born or living in the Indian subcontinent * East Indians, a Christian community in India Europe * British Indians, British people of Indian origin The Americas * Indo-Canadians, Canadian people of Indian origin * Indian Americans, American people of Indian origin * Indigenous peoples of the Americas, the pre-Columbian inhabitants of the Americas and their descendants ** Plains Indians, the common name for the Native Americans who lived on the Great Plains of North America ** Native Americans in the Un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Non-renewable Resource Companies Established In 1969
A non-renewable resource (also called a finite resource) is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption. An example is carbon-based fossil fuels. The original organic matter, with the aid of heat and pressure, becomes a fuel such as oil or gas. Earth minerals and metal ores, fossil fuels (coal, petroleum, natural gas) and groundwater in certain aquifers are all considered non-renewable resources, though individual elements are always conserved (except in nuclear reactions, nuclear decay or atmospheric escape). Conversely, resources such as timber (when harvested sustainably) and wind (used to power energy conversion systems) are considered renewable resources, largely because their localized replenishment can occur within time frames meaningful to humans as well. Earth minerals and metal ores Earth minerals and metal ores are examples of non-renewable resources. The metals themselves are present ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Mumbai
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil And Gas Companies Of India
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated lipids that are liquid at room temperature. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile. They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents. Etymology First attested in English 1176, the word ''oil'' comes from Old French ''oile'', from Latin ''oleum'', which in turn comes from the Greek (''elaion'') ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Essar Group
Essar Group is an Indian multinational conglomerate company, founded by Shashi Ruia and Ravi Ruia in 1969. As Essar Global Fund Limited (EGFL), the company controls a number of assets across the core sectors of energy (oil refining, oil and gas exploration, and production, power), infrastructure & logistics (ports, projects), metals & mining, technology and retail (oilfield services, IT, food retail). EGFL holds nearly 100% stake in all its investments. Significant Essar Group companies include Essar Oil UK, Essar Ports, Essar Oil & Gas Exploration & Production, Essar Shipping, Essar Power, and Essar Projects. History In 1969, Shashi Ruia won a major contract worth Rs. 2.3 crore for the construction of an outer breakwater for Chennai port, thus laying the foundation of Essar Group. In 1976, Essar purchased India's first private tanker for US$2 million. In 1995, Essar Group entered the telecom sector with a Swiss PTT joint venture partnership branded as the Essar Cellph ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vadinar Refinery
The Vadinar refinery is an oil refinery at Vadinar, Gujarat, India. It is owned and operated by Nayara Energy Limited, in which Rosneft owns a 49.13% stake. The refinery is India's second largest single-location refinery, with an annual capacity of 20 million tonnes (405,000 barrels per day) and a complexity of 11.8, which also makes it among the world's most complex refineries. History Construction of the refinery started in 1996 by Essar Oil. The refinery project was delayed several times due to environmental concerns and financial problems, including initial cost overruns and a shortfall in equity contributions. In 1998, when the refinery was 60% complete, a cyclone struck the plant and caused considerable damage. Construction was restarted in 2005 and the refinery was completed in 2006. It cost US$2.14 billion. In May 2008, Essar Oil reported commercial production of 10.5 million tonnes per annum (mtpa). The units commissioned in the first phase were th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trafigura
Trafigura Group Pte. Ltd. is a Singaporean-based Swiss multinational commodity trading company founded in 1993 that trades in base metals and energy. It is the world's largest private metals trader and second-largest oil trader having built or purchased stakes in pipelines, mines, smelters, ports and storage terminals. The company operates through a complex network of over 100 subsidiaries across the world, with main operating offices in Geneva and Singapore. Trafigura was formed by Claude Dauphin and Eric de Turckheim in 1993, but quickly split off from a group of companies managed by Marc Rich. Trafigura has been named or involved in several scandals, particularly the 2006 Ivory Coast toxic waste dump, which left up to 100,000 people with skin rashes, headaches and respiratory problems. The company was also involved in the Iraq Oil-for-Food Scandal. History Trafigura Beheer BV was established as a private group of companies in 1993 by six founding partners: Claude Dauphi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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