Essar Oil UK announces appointment of Chief Executive Officer
Stanlow, 2nd August 2021: The Board of Directors of Essar Oil (UK) Limited (“EOUK”) today announced the appointment of Deepak Maheshwari as its Chief Executive Officer. EOUK’s Stanlow Manufacturing Complex is a key strategic national facility, annually producing over 16% of the UK’s road transport fuels. Deepak joins EOUK, an important asset in the energy […]
Essar Oil UK announces appointment of Advisory Council
Stanlow, 30th July 2021: Essar Oil (UK) Limited (“EOUK”) has announced the formation and appointment of the company’s first Advisory Council. EOUK owns and operates the Stanlow Manufacturing Complex in Ellesmere Port. The site is a key strategic national asset, annually producing over 16% of the UK’s road transport fuels. The new four-person Council comprises […]
Essar strengthens Executive Leadership Team with senior appointment
Essar is pleased to announce the further strengthening of its Executive Leadership Team with the appointment of Karunakaran (Karan) Hari as Chief Commercial Officer for Essar Oil UK. Karan has been with the Company since February 2020 as Head of International Trading and Supplies and during that time has built a strong team by identifying […]
Essar Power Hazira net profit rises by 113% to Rs.128.63 cr in FY21
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 appoints independent Non-Executive Director
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’ […]
Essar demonstrates retail commitment with new build acquisition
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 […]
Essar strengthens Executive Leadership Team with senior appointment
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 […]
Low carbon project at Stanlow secures Government backing
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 […]
Essar Oil UK reports on successful Financing and Governance changes
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 […]
Ministerial visit to Stanlow focuses on low carbon future
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 […]