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Last updated on April 24, 2014 at 21:24 EDT

Latest Essar Group Stories

2011-12-12 07:00:00

FAU: TSX.V FVGCF: OTCQX FSE: FWR VANCOUVER, Dec. 12, 2011 /PRNewswire/ - Fire River Gold Corp. [TSX.V: FAU| OTCQX: FVGCF| FSE: FWR] (the "Company") announce that due to inclement weather conditions the mine and mill have been shut down to conserve fuel, as aircraft have been unable to land at site for 10 days. This is quite an unusual situation, as in the past two winters flights have seldom been delayed by more than one day and never by more than three. Prior to start-up this...

2011-12-11 11:16:00

HOUSTON, Dec. 11, 2011 /PRNewswire/ -- Cheniere Energy Partners, L.P. ("Cheniere Partners") (NYSE Amex: CQP) announced today that its subsidiary, Sabine Pass Liquefaction, LLC ("Sabine Liquefaction"), has entered into a liquefied natural gas ("LNG") sale and purchase agreement ("SPA") with GAIL (India) Limited ("GAIL") under which GAIL has agreed to purchase approximately 3.5 million tonnes per annum ("mtpa") of LNG from train four. Prior to the commencement of train four operations, GAIL...

2011-12-09 07:05:00

NEW YORK, Dec. 9, 2011 /PRNewswire/ -- BNY Mellon, the global leader in investment management and investment services, has been selected by Essar Energy plc as the depositary bank for its American Depositary Receipt (ADR) program. Each Essar Energy ADR represents two ordinary shares and trades over-the-counter (OTC) under the symbol "ERERY." Essar Energy's local shares trade on the London Stock Exchange (LSE) under the code "ESSR" and are a constituent of the FTSE 100 share index. Essar...

2011-12-05 08:00:00

THE WOODLANDS, Texas, Dec. 5, 2011 /PRNewswire/ -- Newfield Exploration Company (NYSE: NFX) today announced the signing of a crude oil supply agreement with Tesoro Corporation to provide 18,000 barrels per day of supply capacity at Tesoro's refinery in Salt Lake City, Utah. The new agreement spans a seven-year period, with commitments commencing in 2013, and secures additional supply capacity for Newfield's planned oil growth in the Uinta Basin. The oil price differential associated with...

2011-11-17 10:03:00

DALLAS and MUMBAI, India, Nov. 17, 2011 /PRNewswire/ -- Aegis Limited, a leading global outsourcing services provider and part of the Essar Group, announced today that its Managing Director and Global CEO, Aparup Sengupta, has been recognized by Globalization Today, the official magazine of the International Association of Outsourcing Professionals (IAOP), to its Powerhouse 25 list of the most influential people in outsourcing. The magazine's inaugural list recognizes the most influential...

2011-11-17 00:30:00

NEWARK, N.J., Nov. 17, 2011 /PRNewswire/ -- Breakbulk Events announced that Susan Oatway, senior consultant at Drewry Shipping Consultants, will deliver the opening keynote address at the first annual Breakbulk South America Congress, Dec. 6-7, 2011, in Sao Paulo, Brazil. In her speech, "Multipurpose Fleet Outlook," Oatway will examine the position of multipurpose vessels and fleet development within the slowly recovering general cargo market. Her keynote will provide a global trade...

2011-11-09 16:00:00

SAULT STE. MARIE, ON, Nov. 9, 2011 /PRNewswire/ - Essar Steel Algoma posted its second consecutive quarter of positive net income and its third consecutive quarter of positive EBITDA.  In the three month period ending September 30, 2011, Essar Steel Algoma reported a net income of $73.7 million and EBITDA of $86.9 million.  EBITDA is a meaningful indicator of the Company's profitability.  Shipments for the period were 673,640 tons, up 9.0% from the same period in the...

2011-11-07 15:13:00

COVINGTON, La., Nov. 7, 2011 /PRNewswire/ -- Hornbeck Offshore Services, Inc. (NYSE:HOS) announced today that its Board of Directors has approved a new vessel construction program for its wholly-owned subsidiary, Hornbeck Offshore Services, LLC. The Company plans to build sixteen U.S.-flagged 300 class DP-2 new generation offshore supply vessels ("OSV") for its Upstream business segment with options to build an additional 16 substantially similar vessels should future market conditions...

2011-11-02 07:36:00

CLEVELAND, Nov. 2, 2011 /PRNewswire-iReach/ -- Vadxx Energy LLC has engaged Rockwell Automation and its Global Solutions team to provide process engineering solutions and services to help Vadxx refine its proprietary process to manufacture synthetic crude oil and natural gas using petroleum-based raw material feedstock wastes at its demonstration plant in Akron, Ohio. (Photo: http://photos.prnewswire.com/prnh/20111102/CG97807) Under the agreement with Vadxx, Rockwell Automation will...

2011-10-18 22:45:00

BANGALORE, India, Oct. 18, 2011 /PRNewswire/ -- SAP AG (NYSE: SAP) today announced that the Essar Group has chosen the SAP HANA(TM) platform and the 4.0 release of business intelligence (BI) solutions from the SAP® BusinessObjects(TM) portfolio to strengthen its existing investments in SAP software and gain real-time visibility into businesses across all its verticals. Additionally, the company has selected mobility solutions from SAP and Sybase, an SAP company, to...