News
Essar Oil UK reports positive progress on financings
...further financing by the end of June 2021. The company is confident that this further financing will be concluded swiftly, based on the proposals it has received. The company will...
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News
Essar Oil UK reports successful financing and governance changes
...bilateral arrangements with many of its key customers on enhanced payment terms and other long-term financings, linked primarily to crude supply. With these financial arrangements now in place, EOUK has...
News
New $150m receivables portfolio for Essar
...This financing comes at a competitive market rate for a facility of this size and nature, thereby enabling EOUK to optimise its longer-term financing strategy. Deepak Maheswari, CEO at EOUK...
News
Essar business update shows significant fuel sales recovery
Essar Oil (UK) Limited (EOUK) gives an update on business, financing and VAT deferral repayments as customer demand across both fuels and petrochemicals returns to 95% of pre-covid levels. A...
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Knowledge
Safeguard the future with effective succession planning
...invest in their depot to allow the business to move to the next level and prepare for exit. This culminated in financing and building a £3 million, state-of-the- art, purpose-built...
Opinion
VAT deal secures Stanlow refinery production
...has had on the UK’s refining industry. EOUK and its advisers have been working on its financing and trading plans, with significant progress made to date, supported by a more...
Interview
James Hygate, Firefly Green Fuels: challenges and progress on the pathway to green aviation
...financing “The third major challenge facing all SAF producers is financing a first of a kind facility (FOAK). These first facilities are incredibly expensive and need to be financed via...
News
The UK’s first purpose built oil re-refinery
Hydrodec – fully engaged in the planning, permitting and financing process for its oil re-refinery The Hydrodec Group has announced plans to develop a facility to re-refine used lubricant oils...
News
Inver Energy – syndicated bank deal
Inver Energy has negotiated major new funding facilities to fund the growth of its fuel import and marketing business in Ireland and the UK. The financing facilities include a €100m...
News
In great shape at INEOS
...also just closed its latest debt financing and repricing. This included raising 1.4 billion euros of new loans and repricing 3 billion euros of existing debt. The new borrowings will...