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Refining margin jump on the Essar Energy to enhance the capacity

12 February, 04:53

INDIA-based Essar Energy reported yesterday, the jump in the refining margin in the three months to December, due to the significant increase of oil refining capacities in the Vadinar plants.


- the supply of Oil at Vadinar refinery jumped by 246% in the quarter to $9.75 (pounds 6.21) per barrel, an increase of $2.82 in the same quarter last year, due to the expansion of the plant to 405,000 barrels per day from 300 000 earlier.


to refineries for processing, in the Western state of Gujurat, increased by 77% to 36.32m barrel.


The Essar in the UK at the Stanlow refinery, field to 128 per cent at $5.59 per barrel-from $2.45 per barrel a year earlier.


the companys oil refining units, Essar Oil, said last month that the earnings before interest, taxes, depreciation and amortization (Ebitda) grew by more than eight times, to 12.42bn Indian rupees (pounds 147m) for the quarter.


in addition, the production of electricity-has almost doubled over the quarter to 2.86bn units, of 1.48bn units in the past year, mainly due to three new projects coming up in the next 12 months.


investors reacted to the FTSE 250-in the list of Essar power of updates and actions gathered 2.34%, with 144.3p.


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T Vintiner & Co

Insurance deals can be a mobile phone, in case, if the company" the failure of

12 February, 04:45

insurance contracts can be carried between suppliers, in the event of a major insurer broke, top-the Andrew Bailey said yesterday, receives for the timer, in order to give more powers, provided by the resolution.


the insurers does not threaten the same risk that banks do, so that the clients can not only move to another company.


Instead, customers accept certain products.


this means That insurers more than in normal times, your clients cant leave at any time - but it is causing a problem, if the supplier is not possible.


work is under way to determine whether the insurance make use of the special resolution regime, the normal bankruptcy rules, to enhance the ability to ensure the continuity of critical contacts, through, for example, translation into business with another company, - said the head of the new Prudential regulation authority.


the purpose of protection of insurers on the insurance companies, which points to the need to adopt a regime for insurers, but the main thing, to be clear, what mode.


     
     
  T Vintiner & Co  
 

ADDRESS: 24 Crouch End Hill

CITY: London

COUNTY: London

POST CODE: N8 8AA

TELEPHONE NUMBER: 020-8340-1237

CATEGORY: Framing Services

 

T Vintiner & Co has been successfully operating in Framing Services. In London, many companies appear in our catalog in section Framing Services. However, the company has a very friendly staff. They are always looking for partners, and do everything to maintain partnerships with other firms. This attitude makes the company one of the best in its field.

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Call T Vintiner & Co: 020-8340-1237

 
     
 

Refining margin jump on the Essar Energy to enhance the capacity

12 February, 04:53

INDIA-based Essar Energy reported yesterday, the jump in the refining margin in the three months to December, due to the significant increase of oil refining capacities in the Vadinar plants.


- the supply of Oil at Vadinar refinery jumped by 246% in the quarter to $9.75 (pounds 6.21) per barrel, an increase of $2.82 in the same quarter last year, due to the expansion of the plant to 405,000 barrels per day from 300 000 earlier.


to refineries for processing, in the Western state of Gujurat, increased by 77% to 36.32m barrel.


The Essar in the UK at the Stanlow refinery, field to 128 per cent at $5.59 per barrel-from $2.45 per barrel a year earlier.


the companys oil refining units, Essar Oil, said last month that the earnings before interest, taxes, depreciation and amortization (Ebitda) grew by more than eight times, to 12.42bn Indian rupees (pounds 147m) for the quarter.


in addition, the production of electricity-has almost doubled over the quarter to 2.86bn units, of 1.48bn units in the past year, mainly due to three new projects coming up in the next 12 months.


investors reacted to the FTSE 250-in the list of Essar power of updates and actions gathered 2.34%, with 144.3p.


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