Essar to lead global energy transition with world’s first decarbonised refinery

New Delhi, Oct 9 (UNI) Indian conglomerate Essar is on its way to become world’s first decarbonised green refinery in UK and is actively expanding its portfolio of green businesses. Essar is actively expanding its portfolio of green businesses, Prashant Ruia, Director, Essar Capital said adding, “We aim to redefine our sectors through innovation, from […]

Prashant Ruia unveils plans for the world’s first decarbonised green refinery

New Delhi: Essar is on the path to becoming the world’s first decarbonised green refinery in the UK, as highlighted by Prashant Ruia, Director of Essar Capital, at the Financial Times Energy Transition Summit 2024 in Delhi on October 8. During the keynote interview, Essar’s ambitious sustainability strategy took centre stage, with a focus on […]

Essar Leads Green Revolution: UK’s First Decarbonised Refinery

Essar Group is transforming the UK’s Stanlow refinery into the world’s first decarbonised green refinery by utilizing blue hydrogen to cut carbon emissions by 95%. The initiative forms part of Essar’s wider strategy to engage in sustainable projects across various sectors. Essar Group is set to revolutionize the energy sector by converting the UK’s Stanlow […]

EET Retail on track to have 100 leased forecourts in 12 months

EET Retail is on track to hit its target of operating 100 Essar-branded leased forecourts in the next 12 months, and 500-plus in the next five years, says its recently appointed chief executive officer for retail Narayan Bhatra. The retail division of EET Fuels, formerly known as Essar Oil UK, has eight company-operated sites currently […]

EET Fuels agrees USD$650 million financing facilities

Stanlow, UK, 3 October 2024: EET (Essar Energy Transition) Fuels, owner of the Stanlow refinery, is pleased to confirm it has successfully agreed USD$650 million in receivable financing and trade credit financing facilities in this quarter. This demonstrates market confidence in the Company’s decarbonisation strategy.  EET Fuels is setting a new global benchmark for industrial […]

Leading the Low-Carbon Transition in Energy

An article authored by Marcos Matijasevich, Head of Low Carbon Transition at Essar Oil (UK), published by Energy Business Review Marcos, a Chemical Engineer from UNL and an MBA graduate from Oxford University is a senior leader in the oil refining and petrochemical industry with expertise in industrial decarbonization. He leads EET Fuels\’ decarbonization strategy, […]

Essar’s transformative initiatives in the Energy sector

Essar proudly co-presented the souvenir showcasing Gujarat’s Renewable Energy Vision 2047, launched by Hon’ble Chief Minister of Gujarat, Shri Bhupendra Patel at RE-Invest Renewable Energy Investors Meet 2024 This reflects Gujarat’s commitment to energy security, clean energy, and a net-zero future, driving India’s path toward self-reliance in the Renewable Energy sector. Read more about Essar’s […]

EET appoints Ruth Herbert as Managing Director, Business Development and Strategic Initiatives

London, 12 September 2024: Essar Energy Transition (“EET”, the “Company”) is pleased to announce the appointment of Ruth Herbert as Managing Director, Business Development and Strategic Initiatives, effective 16 September 2024. Ruth will lead the development and execution of strategic initiatives to support EET’s long-term growth objectives – identifying new business opportunities, forging strategic partnerships […]

SSE and EET Hydrogen partner on green hydrogen production facility in the North West

Two leading energy companies have united to develop a new green hydrogen production facility in the North West of England. SSE and EET Hydrogen have begun development work on the innovative project at the Stanlow Manufacturing Complex in Ellesmere Port in Cheshire. Known as Gowy Green Hydrogen, it takes its name from the River Gowy […]