Reuters logo
BRIEF-Essar Oil UK to invest $250 mln at Stanlow refinery
September 6, 2017 / 8:44 AM / 3 months ago

BRIEF-Essar Oil UK to invest $250 mln at Stanlow refinery

Sept 6 (Reuters) -

* Essar Oil UK says to invest $250 million in capex and maintenance at Stanlow refinery

* Essar Oil UK says investment will increase annual throughput from 68 million to 75 million barrels

* Essar Oil UK says current price gross refining margin (CP GRM) at $9.2/bbl versus $6.8/bbl in Q4 FY16

* Essar Oil UK non-executive chairman Prashant Ruia says to remain invested in oil and gas sector (Reporting by Promit Mukherjee)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below