2016
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Bharat Petroleum Corporation Ltd
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Hindustan Oil Exploration Company Ltd
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Gujarat Gas Co Ltd
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Essar Oil
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Detailed explanation-1: -Mumbai: The nearly $13-billion acquisition of Essar Oil Ltd by a consortium led by Russia’s Rosneft PJSC was completed on Sunday, two people aware of the matter said.
Detailed explanation-2: -Essar, built by brothers Shashi and Ravi Ruia, sold Essar Oil to a group backed by Russian oil major Rosneft for about $13 billion in 2017 as part of efforts to raise funds to settle $25 billion which it owed to Indian banks.
Detailed explanation-3: -NEW DELHI, Sept 10 (Reuters)-India’s second-biggest private refiner Nayara Energy, part-owned by Russian oil major Rosneft (ROSN.MM), has appointed Prasad K. Panicker as chairman, replacing Tony Fountain, the company said in a statement.
Detailed explanation-4: -The 400, 000-barrel per day (bpd) Omsk plant, 1, 600 km east of Moscow, started operations in 1955 and is Russia’s largest oil refinery.