Essar Confirms Talks to Buy Shell's Stanlow Refinery

摘要

Long discussed and apparently still under discussion, Essar Oil Ltd. of India is still in purchase negotiations for the Stanlow Refinery in the U.K., and this confirmation reportedly comes from the buyer's side. According to a January 13 Dow Jones story quoting an Essar spokesperson, talks are ongoing with the refinery's current owner, Royal Dutch Shell, but there is no timetable for their completion or abandonment.