INDIA CEO SERIES by S&P Global Commodity Insights: Essar sees growth potential in exploration, pipelines and storage

Pankaj Kalra - Essar oil and gas

Essar Exploration and Production Ltd. plans to invest in exploration and upstream infrastructure, including pipelines and storage facilities, as the company believes that the government’s policy initiatives aimed at promoting upstream growth and reducing reliance on imported energy will create new opportunities in the sector, its Chief Executive Officer Pankaj Kalra said. In an exclusive […]

EET Fuels appoints Adrian Curry as Chief Decarbonisation Officer

Adrian Curry

Stanlow, August 29, 2024 – EET Fuels (the trading name of Essar Oil (UK), the Company), is pleased to announce the appointment of Adrian Curry as Chief Decarbonisation Officer of EET Fuels effective 2nd September, 2024. Adrian will lead the development and implementation of EET Fuels’ energy transition strategy, with the goal of delivering the […]

Essar Oil to Invest Up to Rs 3,000 cr in Raniganj CBM Block

Pankaj Kalra - Essar oil and gas

Ruias-owned co aims to raise its contribution to India’s overall gas output to 5% within five years, says CEO Ruias-owned Essar Oil and Gas Exploration and Production will invest up to Rs 3,000 crore in its flagship coal bed methane (CBM) block in Raniganj, West Bengal to raise gas production, a senior company executive said. […]

Essar Energy Transition acquires Thornton Science Park

EET Fuels

12 AUGUST 2024 – Essar Energy Transition (“EET”) has signed a sale and purchase agreement to acquire Thornton Science Park through its subsidiary EET Property Limited as part of its plan to create one of Europe’s leading energy transition hubs as part of its commitment to leading the North West’s energy transition.  Neighbouring EET Fuels’ […]

UK Oil Refinery Stanlow plans to sell more fuel when rival shuts

EET Stanlow

The Stanlow oil refinery in northern England is getting ready to sell more fuel when a rival plant in Scotland shutters next year. The Stanlow facility near Liverpool plans to invest in infrastructure including terminals and is adding storage capacity to cut logistics costs, Deepak Maheshwari, head of the refinery, said in an interview. It […]

EET launches 100 grants to celebrate its centenary

Essar EET centenary

Stanlow 19 June 2024: EET Fuels (formerly Essar Oil UK), which owns and runs the Stanlow Manufacturing Complex, today announced the launch of its ‘100 grants for 100 years’ celebrate the refinery’s 100th anniversary.  The Stanlow Refinery 100 Grants Fund will provide financial support to that benefit community projects close to the Stanlow site, including […]

Essar to set up green hydrogen plant in Gujarat

Essar Green Hydrogen Plant Gujarat

New Delhi, Jun 16 (PTI) Essar Group plans to invest Rs 30,000 crore over the next four years in setting up a green hydrogen plant at Jamnagar in Gujarat as the metals-to-infrastructure conglomerate eyes clean energy as a key pillar for its new phase of growth. The conglomerate is looking to decarbonise its oil refinery […]