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Essar Oil & Gas Exploration posts Rs 335 crore profit after tax for FY23

Ebitda grew over 205% on a year-on-year basis to approximately Rs 700 crores. "Ebitda margin saw a significant improvement of around 3100 basis points, reaching 77%, due to reduced operating costs and internal consumption," the company said in a press statement. ....

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India to buy coking coal from Russia; Steel firms look to diversify imports | Hellenic Shipping News Worldwide

India has opened up yet another door in cooperation with its strategic energy partner Russia. Union Minister of Steel, Ram Chandra Prasad Singh, today signed a memorandum of understanding (MoU) with Russia’s minister of energy Nikolay Shulginov, for collaboration in the mining and steel sectors, with special focus on coking coal. The move is part . ....

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