Essar Oil Limited    
05 Jan 2022
Essar Oil UK making timely tax payments, to clear all dues by March
Essar Oil UK making timely tax payments, to clear all dues by March
Moneycontrol
The company had used the UK government's pandemic VAT deferral scheme in 2020, which allowed businesses to delay tax repayments.
Essar Oil Limited    
14 Dec 2021
Essar Oil's Stanlow to invest in UK facility
Essar Oil's Stanlow to invest in UK facility
livemint
The investment is a key part of Stanlow Terminals' strategic objective to become the UK's largest bulk liquid storage and energy infrastructure solutions provider.
Essar Oil Limited    
14 Oct 2021
Essar submits planning application for hydrogen production plants
Essar submits planning application for hydrogen production plants
Business Standard
Essar Oil (UK) Ltd said it has submitted a planning application seeking approval for the construction of hydrogen production plants at its Stanlow Manufacturing Complex in Ellesmere Port, UK
Essar Oil Limited    
28 Sep 2021
Essar Oil UK agrees phased payment plan with UK tax authorities
Essar Oil UK agrees phased payment plan with UK tax authorities
Business Standard
Indian conglomerate Essar's UK arm, Essar Oil UK, on Tuesday said it has entered into a new "time to pay" agreement with the UK's tax authorities, aligned with the company's revenues. The company, which runs the Stanlow refinery at Ellesmere Port in Cheshire, north-west England, had hit some UK media headlines for overdue VAT payments, threatening the future of the refinery. Essar had maintained that it was confident of reaching an agreement with the UK's HM Revenue & Customs (HMRC). Essar Oil (UK) Limited (EOUK) confirms it has entered into a new time to pay agreement with HM Revenue & Customs (HMRC). EOUK and HMRC have agreed a phased payment schedule, aligned with EOUK revenues, the company said in a statement. EOUK is therefore confident of closing the last mile financings in the coming months after having successfully raised USD 1.1 billion earlier in the year, it said. The HMRC said it cannot comment on identifiable taxpayers but noted that a time to pay arrangement...
Essar Oil Limited    
28 Sep 2021
Britain strikes tax deal with Essar Oil as fuel panic persists
Britain strikes tax deal with Essar Oil as fuel panic persists
livemint
With fuel prices, Britain has seen drivers snarled in queues to fill their tanks and dozens of forecourts closed, with fuel prices reaching record levels.
Essar Oil Limited    
27 Sep 2021
Essar Oil in talks with UK govt to extend January VAT payment deadline
Essar Oil in talks with UK govt to extend January VAT payment deadline
Business Today
Essar said it is in discussions with HMRC over a "short extension" to make the deferred VAT payments. "Those discussions are positive and EOUK looks forward to a resolution soon," it added
Essar Oil Limited    
24 Sep 2021, 07:07PM
Essar Oil strengthens board with experts, experienced hydrocarbon execs
Essar Oil strengthens board with experts, experienced hydrocarbon execs
Business Standard
New members include Jonathan R Kelafant of Advanced Resources International, Inc, and Charles Boyer of Schlumberger
Essar Oil Limited    
03 Aug 2021
Essar Oil UK appoints Deepak Maheshwari as new CEO
Essar Oil UK appoints Deepak Maheshwari as new CEO
Moneycontrol
Deepak Maheshwari succeeds Stein Ivar Bye who left the company in April this year due to personal reasons, shortly after joining in October 2020, a spokesperson for the company said.
Essar Oil Limited    
30 Jul 2021
Essar Oil UK appoints new advisory council to bolster corporate governance
Essar Oil Limited    
22 May 2021
Essar Oil UK out of the woods, arranges $850 million credit
Essar Oil UK out of the woods, arranges $850 million credit
Business Today
The $850 million funding includes bilateral arrangements with many of the refiner's key customers on enhanced payment terms and other long-term financing, linked primarily to crude supply
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