All Essar articles – Page 5
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News
Essar UK extends downstream with new deal
Essar Oil (UK), which owns and operates the Stanlow Refinery at Ellesmere Port, has signed its first agreement for the direct supply of aviation fuel to a commercial carrier, with a major deal having been agreed with Emirates airline at Manchester Airport. Emirates flies three times daily from Manchester to ...
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News
Essar Oil UK reports record profits
Essar Oil UK, which recently started supplying branded fuel to dealers, has reported its highest ever profit in accounts just published. For the year to the end of March, pre-tax profit was $244m compared with $70m the previous year. Gross revenues for the 12 months were $4,992m, a 34% drop ...
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News
Fourth Essar-branded forecourt opens
Essar Oil (UK) has confirmed the opening of its fourth retail site, at Sale in Cheshire, since it entered the UK fuel supply sector. The station, which has been operated by the Akhtar family for the past five years, is located in a residential locality and Essar said it has ...
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News
Essar refines a new offer
Essar Oil UK has just reported its best three-quarter year results, with a profit after tax of $179m (up to December 31), compared with $35.3m for the same period in the previous year. It has also confirmed the signing up of two further dealer sites to the Essar retail brand, ...
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News
Two more Essar-branded sites opened
Two further forecourt sites have transferred to the Essar brand following its debut in November at a site owned by Top 50 Indie HKS at Coalville in Leicestershire. Both are nearer the oil company’s Stanlow Refinery in Cheshire. The second site was launched in association with S & S Station ...
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News
Essar brand makes debut on HKS site
The first Essar-branded forecourt in the UK has opened at a site owned by Top 50 Indie HKS at Coalville in Leicestershire, and Essar says it has many more planned across the country. Essar Oil (UK) is an arm of the Indian multinational conglomerate Essar Group and owns the Stanlow ...
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News
First Essar-branded site opens in UK
The first Essar-branded forecourt in the UK has opened at a site owned by Top 50 Indie HKS at Coalville in Leicestershire, and Essar says it has many more planned across the country. Essar Oil (UK) is an arm of the Indian multinational conglomerate Essar Group and owns the Stanlow ...
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News
Essar Oil fined £500,000
Essar Oil (UK), which operates Stanlow Oil Refinery in Ellesmere Port, has been fined nearly £500,000 for breaches of environmental regulations. The company was sentenced at Chester Crown Court following a prosecution brought by the Environment Agency. It was fined £497,284 and ordered to pay costs of £40,000 in ...
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News
Essar reported to be trying to sell Stanlow refinery
The owners of Stanlow oil refinery at Ellesmere Port in Cheshire are seeking to sell the facility, according to reports in the Financial Times. India’s Essar Group, which bought the refinery from Shell for $350m in 2011, is in talks with a number of parties about selling a minority stake ...
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News
ACS welcomes MPs’ rejection of unnecessary alcohol multi-buy ban
The Association of Convenience Stores has broadly welcomed the publication of the Health Committee’s report into the government’s Alcohol Strategy. MPs have called on the government to scrap plans to bring in a ban on multi-buy promotions and a sunset clause that would allow for the removal of minimum pricing ...
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News
Time to train rules an unnecessary burden
The government’s ‘Time to Train’ rules are an unnecessary burden on retailers and will not deliver greater training opportunities for those working in local shops, the Association of Convenience Stores has argued. Time to Train, which gives employees the right to request time off for training, is already applicable ...
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