news topics: energy

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 […]

Stanlow, 8th April, 2021: Essar is pleased to announce the further strengthening of its Executive Leadership Team with the appointment of Mark Pennifold as Chief People Officer. Mark is a highly experienced Human Resources professional who has worked at senior level within both the Automotive and Chemicals manufacturing industries. He was most recently the Human Resources […]

As we witness the second wave of Covid-19 and its implications on the economic growth and inflation, the decision to hold the accommodative stance and keep repo rate at 4% was anticipated. The country’s economic recovery is still fragile and as the external demand continues to be uncertain, RBI’s continuous support, proactive and balanced approach […]

Stanlow, March 30th, 2021: A significant safety milestone reached at Essar Stanlow has seen a £3,000 donation made to The Alzheimer’s Society. The award recognises the recent achievement of reaching one million hours without a Recordable Injury at the Ellesmere Port site. The funds were raised through Essar’s ‘Let’s Give’ scheme, which links the company’s commitment […]