Essar Oil picks up 50 % stake in Kenya-based refineryBS Reporter / August 01, 2009, 0:45 ISTRuias-owned Essar Oil today announced acquisition of 50 per cent stake in a 4 million-tonne oil refinery in Kenya. The company acquired 50 per cent stake of western energy majors Shell BP and Chevron in Kenya Petroleum Refineries Ltd, Essar said.
