news topics: energy

Mumbai, June 24, 2021: Essar Power Hazira Ltd, part of Essar Power Ltd and one of India’s first private sector independent power producers, announced its results for the full year ended March 31, 2021. PAT for FY21 rose by 113% to Rs 128.63 crore as compared to Rs 60.44 crore in FY20. The Total income […]

Essar Oil (UK) Limited (“EOUK”) is pleased to announce the appointment of Tim Bullock as independent Non-Executive Director. EOUK owns and operates the Stanlow Refinery in Ellesmere Port.  The site is a key strategic national asset, annually producing over 16% of the UK’s road transport fuels. Tim Bullock brings to EOUK more than 30 years’ […]

Stanlow, June 15th, 2021: Essar has successfully exchanged contracts with Valley House Properties Limited (VHPL) to acquire a long term interest in the redevelopment of Lea Gate Service Station. Situated on the A583 in Preston, the site is perfectly positioned to benefit from the £200m development of the new Preston Western Distributor road, which will link […]

Stanlow, 26th May, 2021: Essar is pleased to announce the further strengthening of its Executive Leadership Team with the appointment of Sunil Puri as the Company’s General Counsel with responsibility for Legal, Governance and Company Secretarial. With over 19 years’ experience in the energy sector, Sunil began his career with BG Group plc before moving on […]

Stanlow, 25th May 2021: A new project that forms part of Essar’s plans to decarbonise the Stanlow Refinery in North West England has secured a £7.2m grant from the Industrial Energy Transformation Fund. The funding has been made available through the Department for Business, Energy & Industrial Strategy and will be invested in a project to […]

Stanlow, 21st May 2021: Essar Oil (UK) Limited (“EOUK”), which owns and operates the Stanlow Refinery, today announced that it has closed new financial arrangements of over US$850 million. This has allowed EOUK to replace its former credit facility as well as access additional capital, thereby strengthening its financial position. The funding is made up […]

Stanlow, May 14 2021: Essar was delighted to host a visit to Stanlow Refinery today by Andrew Stephenson MP, Minister of State at the Department for Transport. The Minister met senior company representatives and discussed plans to create a new facility to convert non-recyclable household waste into sustainable aviation fuel (SAF) for use by airlines operating […]

Stanlow, 22 April 2021: Essar Oil UK, the owner of the Stanlow Refinery, reported today that it has successfully addressed the required financing to replace the previous receivables facility. The refinery continues to operate as normal, with uninterrupted supply of products to meet the needs of our customers. Demand for the refinery’s products continues to strengthen […]

Stanlow, April 21, 2021: A significant safety milestone at the Stanlow Manufacturing Complex has seen a £3,000 donation made to Special Educational Needs & Disabilities (SEND) charity, Families United (Warrington). The funds were provided through Essar’s ‘Let’s Give’ scheme, which links the company’s commitment to safety directly with charitable giving and came after one million hours […]

Stanlow, 16 April 2021: Essar Oil UK reported today that sales of products[1] from the Stanlow Refinery is expected to see a 63% year-on-year increase to 537kT in April 2021, in comparison to 329kT in April 2020. By way of comparison, sales in February 2020 were 661kT. These figures confirm that EBITDA for April 2021 is expected […]