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 […]

Essar Oil & Gas to triple capex to Rs 1,500 crore in FY25 to boost production

Pankaj Kalra - Essar oil and gas

Essar Oil and Gas Exploration and Production Limited (EOGEPL) plans a threefold growth in  capital expenditure to Rs 1,500 for 2024-25 (FY25) to achieve volume growth of 35 percent in the year, CEO Pankaj Kalra told Moneycontrol in an interview. The Essar group’s E&P or exploration and production company, which primarily looks at coal bed […]

EET Retail continues to deliver on ambitious expansion plans

EET Retails

Stanlow, 28 May 2024 – EET Retail, the retail division of EET Fuels, has reopened two new service stations recently, with more expected to be opened throughout the year ahead.  Newly branded Spalding service station and Oakham service station signal a new era of convenience and service for the Essar consumer brand. This expansion is […]

Stanlow celebrates a century of powering Britain

Essar EET centenary

Stanlow, 9 May 2024: EET Fuels (or “the Company”, formerly Essar Oil UK), which owns and runs the Stanlow Manufacturing Complex, one of the most advanced refineries in Europe, today announces the commemoration of the 100th anniversary of the Stanlow Refinery. Established in 1924 as a bitumen production site, Stanlow has been a vital pillar […]

EET appoints Rob Wallace as CEO of EET Hydrogen Power

EET Hydrogen Power

Stanlow, 17 April 2024: EET Fuels announces the appointment of Rob Wallace as Chief Executive Officer of EET Hydrogen Power, EET’s planned hydrogen-ready combined heat and power plant (CHP) at its Stanlow refinery. Rob has spent 25 years in the Energy and Utilities Industry, with significant experience with companies including Shell and Centrica.  Most recently […]