Essar Oil & Gas Exploration & Production (EOGEPL) achieves highest ever revenue and EBIDTA

EOGPL

~Posts record PAT in Q3FY23, grows 273% YoY~ Mumbai, February 13, 2023: Essar Oil and Gas Exploration and Production Ltd (EOGEPL), a pioneer and a leader in unconventional hydrocarbon space, today announced their results for the quarter ending December 31, 2022. The company has reported its highest ever quarterly revenue of ₹219 crore in Q3 FY23, with […]

Senior leadership comments on the Union Budget 2023-24

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“The attention and allocation to building a green infrastructure and a decarbonised energy regime is the core of the union budget which puts India on the path of being future proof. The ₹ 35,000 crore allocation for energy transition along with an ambitious target of 5 MMT of hydrogen will unleash new demand impulses across […]

Vertex and Tata Chemicals Europe sign major low carbon hydrogen offtake agreement

Tata Hydrogen

Vertex Hydrogen has signed a ‘Heads of Terms’ offtake agreement for over 200 megawatts of low carbon hydrogen with Northwich-based Tata Chemicals Europe (“TCE”).  TCE is one of Europe’s leading producers of sodium carbonate, salt, sodium bicarbonate and other products used in the manufacture of food and animal feed, glass, detergents, chemicals and several other […]

Union Budget 2023 expectations from senior leadership

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“Environment and sustainable development have been key focus areas for the Government. As India moves towards a green and sustainable economy, a suitable framework should be established boosting the nation’s infrastructure by adopting state of the art technology for biofuels, hydrogen, natural gas, solar and greener logistic solutions as well as increasing the share of […]

From Hydrogen to SAF, Essar eyes cleaner and bigger UK energy footprint

From-Hydrogen-to-SAF,-Essar-eyes

Essar Oil UK’s CEO Deepak Maheshwari in an exclusive interaction with Sambit Mohanty of S&P Global Commodity Insights on future plans and investments to catalyse UK’s decarbonisation drive. Sambit Mohanty S&P Global Commodity Insights HIGHLIGHTS – Looking to expand hydrogen footprint with Vertex project – Energy impact of Ukraine war on UK less than on […]

Vertex and Pilkington UK sign major low carbon hydrogen supply agreement

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Vertex Hydrogen has signed a ‘Heads of Terms’ offtake agreement for low carbon hydrogen with Merseyside glass manufacturer Pilkington UK. St Helens’ Pilkington United Kingdom Limited, part of the NSG Group, has led the flat glass sector in the switch towards low carbon fuels, completing two world-first trials of hydrogen being fired in a glass […]