Essar Oil UK rebrands to EET Fuels

EET Fuels intends to deliver on its plan to become the UK’s first low carbon process refinery.

Essar Oil UK has become EET Fuels as it delivers on its plan to become the UK’s first low carbon process refinery. Company hopes global benchmark for lower emitting refineries and industrial decarbonisation.

EET Fuels remains committed to sustainably meeting the energy needs of the country. Supporting the UK’s energy transition ambitions, EET Fuels is changing the way fuels are produced by significantly reducing all emissions related to the company’s production processes.

The company is investing $1.2 billion to support industrial decarbonisation, with the ambition to deliver a 95% cut in carbon emissions associated with its production processes by 2030. That is two million tonnes of carbon emissions per year – 12.5% of all of the North West’s carbon emissions, thereby making a substantial contribution to the UK’s plans to decarbonise industry.

“This is an exciting time for our business. We are delivering on our plan to be the world’s first low carbon process refinery and world’s first low carbon process fuel producer. It is world leading and we’re pleased that it is happening now, in the North West,” says Deepak Maheshwari, CEO, EET Fuels.

EET plans to invest a total of US$3.6 billion in developing a range of low carbon energy transition projects over the next five years.