news topics: energy

Essar Exploration and Production is going to drill two wells during this year in a step towards the development and production of shale gas from its Ranigunj field in Bengal. A team of technocrats from the company is now working in Houston, Texas, to finalise the plan to explore the field which is estimated to […]

“To all young members of the workforce today –  Keep the fire in your belly always burning and alive!” – This is one of the key take-aways from Essar Radio’s conversation with Kush Singh, CEO – Essar Power.  Celebrating International Day of Happiness, Essar Radio got some with Kush to not just discuss and learn about the company, but […]

London, 30 March 2023: Essar welcomes the Department for Energy Security and Net Zero’s (DESNZ), cluster sequencing Phase-2 announcement confirming that EET’s Vertex Hydrogen project has been chosen as part of one of the two hydrogen plants that will help build the UK’s hydrogen economy.   The announcement follows the UK Government’s commitment to providing up […]

Stanlow, 27 March 2023: Essar is pleased to announce that Mike Mackay has been appointed to the role of Chief Transformation Officer at Essar Oil UK. Mike will also join the company’s Executive Leadership Team. Mike has over 25 years of experience in the oil and gas industry.  He also has extensive knowledge of refining and […]

Prashant Ruia, Director – Essar Capital, speaks to Menaka Doshi of Bloomberg. He gives a brief detail of Group’s investment plans of $3.6 billion on low-carbon future fuel in the UK and India. https://www.bloomberg.com/news/videos/2023-02-28/essar-capital-s-ruia-on-group-s-decarbonization-business-video

[London, 27 February 2023]: Essar Group, invested in Energy, Metals and Mining, Infrastructure and Technology sectors, today announces the formation of Essar Energy Transition (“EET”) to drive the creation of the UK’s leading energy transition hub in North West England. EET plans to invest a total of US$3.6 billion in developing a range of low […]

Vertex Hydrogen (“Vertex”) is a leader in the energy transition, developing the UK’s first large scale, low carbon hydrogen production hub at Essar’s site in Ellesmere Port – the heart of the HyNet North West cluster. Vertex has now signed agreements to supply over 1,000MW of low carbon hydrogen to leading industrial names in the […]

~Posts record PAT in Q3FY23, grows 273% YoY~ Mumbai, February 13, 2023: Essar Oil and Gas Exploration and Production Ltd (EOGEPL), a pioneer and a leader in unconventional hydrocarbon space, today announced their results for the quarter ending December 31, 2022. The company has reported its highest ever quarterly revenue of ₹219 crore in Q3 FY23, with […]

“The attention and allocation to building a green infrastructure and a decarbonised energy regime is the core of the union budget which puts India on the path of being future proof. The ₹ 35,000 crore allocation for energy transition along with an ambitious target of 5 MMT of hydrogen will unleash new demand impulses across […]

Vertex Hydrogen has signed a ‘Heads of Terms’ offtake agreement for over 200 megawatts of low carbon hydrogen with Northwich-based Tata Chemicals Europe (“TCE”).  TCE is one of Europe’s leading producers of sodium carbonate, salt, sodium bicarbonate and other products used in the manufacture of food and animal feed, glass, detergents, chemicals and several other […]