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New $150m receivables portfolio for Essar

News

New $150m receivables portfolio for Essar 

Essar Oil UK (EOUK) has successfully completed the financing of a $150 million receivables portfolio with Hamburg Commercial Bank AG (HCOB) and Mizrahi Tefahot Bank Ltd (UMTB). This new facility...

Opinion

UKPIA welcomes investments in hydrogen 

...for manufacturing processes. As part of this announcement, it has been confirmed Essar Oil (UK) Limited will receive a grant of over £7 million towards the upgrade of a distillation...

News

UK refining – hunting for answers

...a different business model.Q: So what do investors like Petrochina, Essar and Valero have to gain in our mature industry?   “A very handy toehold in Europe,” says Chris.  “In...

News

Major investment at Essar

The installation of the giant new regenerator head will give the refinery unit another 25 years of life Essar Oil (UK) recently completed the successful lift of a giant new...

News

Stanlow invests in biofuels storage hub

...year, Stanlow Terminals joined forces with parent company Essar and Fulcrum BioEnergy to develop a storage facility at Stanlow for sustainable aviation fuel manufactured from non-recyclable household waste. The project...

Insight

A critical role for Stanlow

...is also an essential source of feedstock sourcing for the adjacent petrochemical complex. The future of Stanlow Essar Energy has signalled its ambition to expand its middle distillates capacity with...

News

Making oil-heated homes more energy efficient

...better insulation and a boiler scrappage scheme “Even though oil prices have plummeted in recent months to a four-year low, fuel poverty is still more likely in oil-heated households,” says...

News

Lobbying for a better off-grid deal

...customers of our members – the 1.25 million mainly rural homeowners who are off grid. “Nothing was mentioned in the budget about a boiler scrappage scheme or help for off-grid...

News

The Phillips 66 Interview

...the Analysis article on page 17.   “Customer relationships are precious” – what are your top three ways to protect these relationships with distributors?  “Customer relationships are precious” is probably...

News

Oil pipeline repair could take up to four weeks 

...of the UK’s offshore natural gas output.  A repair and oil spill response team was mobilised in early December after a very small amount of oil seepage was reported. Measures to contain...

News

Team Donegal Oil conquer the Race across America

...educational aids for children and adults on the autistic spectrum,” said Arthur McMahon. If you like to make a donation to the Donegal Oil Foundation’s donations page, please visit:  https://www.ifundraise.ie/3801_donegal-oil-foundation—fundraising-page-in-aid-of-austism.html...

News

Bring back boiler scrappage says Worcester

...the cash-back element of the scheme which is limited to Green Deal providers only. We need to go back to the boiler scrappage model which offered an easily reclaimable voucher.”...

News

Airport Energy – back in the saddle

...the team had a Facebook page and could also be viewed on Youtube at https://www.youtube.com/watch?v=0oSoXOI3TkY. “The whole week became a bigger challenge then we expected,” Craig told Fuel Oil News....