Rosneft enters India's energy market acquiring Essar Oil for $13bn

Published time: 21 Aug, 2017 10:01 Russia’s Rosneft and its partners including Dutch commodity trading house Trafigura have finalized the $ 12.9 billion purchase of India’s second-largest oil refiner Essar Oil. It’s the biggest foreign acquisition in the South Asian country. The deal announced last October gives Rosneft a 49 percent stake in Essar. According […]