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Recently Funded|Amount: GBP 2.5M|Industry: Oil and Gas
Fueling the Future: Essar Oil (UK) Limited & EET Fuels Secure $2.5M to Accelerate the UK’s Energy Transition
Essar Oil (UK) Limited/ EET Fuels
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Essar Oil (UK) Limited, under the banner of EET Fuels – "Performing today, transforming for tomorrow!" – is proud to announce a successful funding round, having raised £2,500,000 to accelerate its ambitious plans for the energy transition. This significant infusion of capital will directly support the development of an innovative energy transition cluster in the North West of England, marking a pivotal step in the company's commitment to decarbonising the UK economy. As a key player in the region, EET Fuels operates the Stanlow facility, a vital national asset that contributes over 16% of the UK’s annual road transport fuels and plays an essential role in supplying critical petrochemical feedstocks. With an extensive customer base that includes international oil companies, leading supermarkets, Manchester Airport, prominent commercial airlines, and regional train and bus services, the company exemplifies a legacy of reliability and excellence in both the energy and petrochemical sectors. The funds raised will be directed towards further advancing our cutting-edge technologies, enhancing HSE implementations, and supporting maintenance and operational excellence across our trading, refinery, and marketing activities. This investment underscores our commitment to safe, sustainable, and environmentally responsible energy solutions while reinforcing our established reputation built on over 900 highly trained staff and a culture of safety and innovation. By investing in growth and development across our diverse operations, Essar Oil (UK) Limited is not only ensuring continued financial success but is also fostering a forward-thinking approach in the energy sector—paving the way for a greener, more sustainable future in the UK and beyond.
Buying Signals & Intent
Our AI suggests Essar Oil (UK) Limited/ EET Fuels may be interested in solutions related to:
- Sustainable Energy
- Renewable Energy Technologies
- Carbon Footprint Reduction Services
- Oil Trading
- Supply Chain Solutions
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