Essar Oil UK plans reconfiguration in wake of govt focus on e-vehicles

Essar Oil UK is a subsidiary of Essar Energy Ltd, which owns and operates the Stanlow refinery

With the Ruias' Essar Oil UK nearing completion of a $250-million investment at a refinery in Stanlow, the company is working on a reconfiguration plan, with the changing trends in global energy.

The company announced its results for the first half of the current financial year. Profit after tax was $169 million, compared to $51 mn in the same period last year.

It is exploring the option of setting up battery charging stations at company-owned retail outlets. This will start with a charging station at an outlet planned in Stanlow next year. The company operates 46 fuel retail outlets.

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