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August’s top stories: Essar Oil’s $12.9bn sale, Indian Oil’s $8.1bn refinery expansion plan

Rosneft-led consortium acquired Essar Oil for $12.9bn, Indian Oil made plans to invest around Rs520bn ($8.1bn) to expand the Paradip refinery in the Indian state of Odisha. Hydrocarbons-technology.com wraps up the key headlines from August.