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Essar's Stanlow deal hits union bump

Essar Energy's $350-million deal to buy Shell UK's oil refinery and associated assets at Stanlow, near Ellesmere Port, Cheshire, has hit a road block. The employee union has rejected the deal in......

British auto biz to see 40,000 job losses

The British auto industry is expected to witness 40,000 job losses over the next three years, mainly due to falling demand for cars, says a media report.About 800 job losses seemed at risk in the......
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Axis Bank may invoke guarantees if Essar group trips on repayment

MUMBAI: Bankers are slowly running out of patience. Axis Bank, India's third-largest private sector lender, has told an offshore company of Essar... ...
Essar Oil UK posts $70 million profit in FY15

Essar Oil UK, which owns and operates UK's Stanlow refinery, on Friday reported a net profit of $70 million for the year ended 31 March compared... ...
Essar Oil UK back in black

London, June 26 After posting a $121 million loss in the previous fiscal, Essar Oil UK on Friday reported going back in the black during the year... ...
Essar Oil UK's new funding facilities

Essar Oil UK has entered into a new long-term working capital facilities for its Stanlow Refinery in Ellesmere Port, UK. A five-year inventory... ...
Essar Oil UK secures new long-term working capital facilities for Stanlow refinery

Essar Oil UK, a subsidiary of Essar Energy Limited, which owns and operates the Stanlow Refinery in Ellesmere Port, has agreed to new long term... ...

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