THE SUNDAY TIMES
Shell and Essar talk
Royal Dutch Shell is considering buying a 10% stake in Essar Oil. The Indian group is in talks to buy three of the oil giants refineries, including at Stanlow near Ellesmere Port, Cheshire. The potential $365m (£221m) investment is being discussed as part of that transaction and would give Shell a stake in a group in one of the worlds fastest-growing markets.