Essar Oil (UK) Limited

What Essar Oil (UK) Limited does

Essar Oil (UK) Limited, trading as EET Fuels, operates the Stanlow Manufacturing Complex in Ellesmere Port, Cheshire — one of the UK's largest refineries, with annual production capacity of approximately 9 billion litres of jet and road transport fuels and a market share of roughly 16% of UK road fuels. The asset is operated under Essar Energy Transition (EET), part of the Essar Group, and supplies jet fuel under direct commercial agreements to nine UK airports while distributing road fuels through B2B channels. EET Fuels also sits at the centre of an integrated decarbonisation cluster that includes related EET sub-brands — EET Hydrogen (low-carbon hydrogen production), EET Hydrogen Power (Europe's first hydrogen-ready combined heat and power plant), EET Industrial Carbon Capture, and Stanlow Terminals.

The company's primary commercial offering is the sale of refined petroleum products (jet fuel and road transport fuels) under direct B2B supply agreements; pricing is contractual and not publicly disclosed. The strategic shift underway is decarbonisation of the refining asset: $1.2 billion has been committed to EET Fuels' energy transition (part of $2.4 billion across EET), targeting a 95% reduction in CO2 emissions this decade from a 2011 baseline at which it had already achieved a 22% reduction. Decarbonisation is delivered through three pillars — fuel-switching to low-carbon hydrogen, carbon capture for residual emissions, and energy-efficiency improvements including hydrogen-ready combined heat and power — supplemented by a Government-backed Sustainable Aviation Fuel production hub announced in July 2025 and the July 2025 acquisition of Thornton Science Park for R&D capacity.

The go-to-market is sales-led and enterprise-direct: EET Fuels signs direct jet fuel supply contracts with major UK airports and distributes road fuels through established B2B channels from a single refinery site, with no public-facing consumer offering. The asset is also a central pillar of HyNet North West, one of only two UK Government-selected industrial decarbonisation clusters, with dedicated CO2 and hydrogen pipelines planned around Stanlow — a positioning that anchors long-term regulatory support and the company's energy-transition roadmap.

Name

Essar Oil (UK) Limited

Legal name

Essar Oil (UK) Limited

Website

https://essar.co.uk

Company type

Private

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Essar Oil (UK) Limited (trading as EET Fuels) operates the Stanlow Manufacturing Complex, producing ~16% of UK road fuels and 9 billion litres of jet and road fuel annually while supplying nine UK airports and pursuing a $1.2bn energy transition plan.

Ownership category

akta.pro rank

Product category

Petroleum Refining and Fuel Production

NAICS

Petroleum Refineries (32411), Petroleum Refineries (324110), Petroleum and Coal Products Manufacturing (3241), Industrial Gas Manufacturing (32512)

SIC

Petroleum Refining (2911), Cogeneration Services & Small Power Producers (4991)

akta.pro industry

PRIMARYEUABAJAC

Hydrogen & Derivative Fuels for Industry (H₂, Ammonia, Methanol)

Energy, Utilities & Environment/Carbon & Climate Solutions (Carbon Markets, Offsets, CCS/CCUS)/Industrial Decarbonization Solutions (Process Heat, Electrification, Fuel Switching)

SECONDARYEUABAIAI

CO₂ Utilization in Industrial Processes (urea/fertilizers, enhanced oil recovery where applicable, process integration)

Energy, Utilities & Environment/Carbon & Climate Solutions (Carbon Markets, Offsets, CCS/CCUS)/CO₂ Utilization & Carbon-to-Value (E-fuels, Chemicals, Building Materials)

SECONDARYEUALAIAH

Aviation Fuel Marketing (Into-Plane, Airport Fueling)

Energy, Utilities & Environment/Oil & Gas (Upstream, Midstream, Downstream and Refining)/Downstream Fuels Marketing & Retail (Service Stations, Branded Fuels)

SECONDARYEUABAIAA

E‑Fuels & Synthetic Hydrocarbons (e‑kerosene, e‑diesel, e‑gasoline, e‑methane)

Energy, Utilities & Environment/Carbon & Climate Solutions (Carbon Markets, Offsets, CCS/CCUS)/CO₂ Utilization & Carbon-to-Value (E-fuels, Chemicals, Building Materials)

SECONDARYEUABAIAH

CO₂‑Derived Synthetic Fuels for Aviation & Marine (SAF e‑fuels, e‑ammonia/e‑methanol bunkering pathways)

Energy, Utilities & Environment/Carbon & Climate Solutions (Carbon Markets, Offsets, CCS/CCUS)/CO₂ Utilization & Carbon-to-Value (E-fuels, Chemicals, Building Materials)

SECONDARYTLAHAKAI

Fuel Blending & Additives Services (Blend Optimization, Compatibility)

Transportation & Logistics/Ports, Terminals & Maritime Services/Bunkering & Marine Fuel Services (Including LNG Bunkering)

SECONDARYEUAFAFAC

E-fuels Storage & Blending (E-diesel, E-kerosene/SAF, E-gasoline)

Energy, Utilities & Environment/Energy Storage & Grid Flexibility (Batteries, Hydrogen Storage, Demand Response)/Power-to-X & Synthetic Fuels Storage (Ammonia, Methanol, E-fuels)

Keywords

• Oil refining
• Petroleum fuels
• Jet fuel supply
• Industrial decarbonisation
• Low carbon hydrogen

Headquarters

HQ city

Ellesmere Port

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Technology or R&D, Personnel

Revenue model

1. Refined Petroleum Product Sales: EET Fuels generates revenue through the sale of refined petroleum products including jet fuel, road transport fuels, and other refinery outputs produced at the Stanlow Manufacturing Complex. As one of the UK's largest jet fuel producers, the company supplies multiple UK airports directly.
2. Jet Fuel Supply Agreements: Direct commercial agreements with UK airports to supply jet fuel, expanding the network to nine UK airports as part of value chain integration strategy.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Essar Oil (UK) Limited (trading as EET Fuels) refines crude oil at its Stanlow Manufacturing Complex in Ellesmere Port into transport fuels and other petroleum products, producing 9 billion litres per annum (approximately 16% of the UK's road fuels) and supplying jet fuel to nine UK airports. The company is also developing low carbon fuel and energy solutions, including low carbon hydrogen, carbon capture, and hydrogen-ready combined heat and power, targeting a 95% reduction in CO2 emissions by the 2030s.

Product overview

EET Fuels (trading name of Essar Oil UK Limited) operates the Stanlow Manufacturing Complex as a strategic refinery producing jet fuel and road transport fuels (~16% of UK's road fuels, 9 billion litres per annum). The company is undergoing an energy transition with a $1.2 billion investment in decarbonization, targeting 95% CO2 emission reduction this decade. The portfolio consists of core refinery operations (EET Fuels), supplemented by three key decarbonization sub-brands: EET Hydrogen (low carbon hydrogen production), EET Hydrogen Power (hydrogen-ready combined heat & power plant), and EET Industrial Carbon Capture (carbon capture technology). Additional operations include Stanlow Terminals for storage and the SAF Production Hub for sustainable aviation fuel. The company participates in HyNet North West, the UK's leading industrial decarbonisation cluster.

Differentiator

Problem solved

Functional benefit

Products and services

• Jet Fuel Supply Supply of jet fuel to UK airports; EET Fuels is one of the UK's largest jet fuel producers, with supply agreements covering nine UK airports for commercial aviation operations.
• Road Transport Fuels Production and wholesale supply of road transport fuels from the Stanlow Manufacturing Complex, contributing approximately 16% of the UK's road transport fuel supply at 9 billion litres per annum.
• EET Fuels Refined Petroleum Products

Quantifiable outcome

• 22% CO2 emissions reduction since 2011
• +3 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and flagship.

• EET HydrogencoreStrategic or Co-development PartnerEET Hydrogen is developing low carbon hydrogen production capabilities. EET Fuels partners with EET Hydrogen to switch its refinery fuel consumption to low carbon hydrogen, significantly reducing the carbon footprint of refining operations as part of the decarbonisation strategy.
• EET Industrial Carbon CapturecoreStrategic or Co-development PartnerEET Industrial Carbon Capture is deploying carbon capture technology. For areas of the Stanlow refinery where fuel switching is not feasible, CO2 is captured through this partnership, supporting the 95% emissions reduction target.
• EET Hydrogen PowercoreStrategic or Co-development PartnerEET Hydrogen Power operates Europe's first hydrogen-ready combined heat and power plant, providing low carbon power to the Stanlow Manufacturing Complex and supporting energy efficiency improvements.
• HyNet North WestflagshipStrategic or Co-development PartnerEET Fuels is a central pillar of HyNet North West, the UK's leading industrial decarbonisation cluster. The UK Government has recognised this effort by selecting HyNet as one of two clusters for industrial decarbonisation, with its CO2 and hydrogen pipelines centred around Stanlow.
• Stanlow Terminals LimitedcoreOthersStanlow Terminals Limited is a related entity within the EET group ecosystem, providing terminal and storage infrastructure supporting the broader Stanlow Manufacturing Complex operations.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Emerging players

• Harbour Energy: UK-focused upstream oil and gas operator actively investing in CCS and low-carbon projects tied to UK industrial decarbonisation. Comparable as a UK-based energy company whose future value depends on HyNet cluster economics and CCS infrastructure.
• Neste: Global leader in renewable diesel and SAF production from refining-adjacent platforms. Comparable as a fuel producer at the intersection of refining know-how and low-carbon fuels, particularly relevant given EET Fuels' new SAF hub.

Broad incumbents

• Eni: European integrated oil and gas company operating refineries in Italy and abroad, with growing biofuels, hydrogen, and CCS activities. Comparable refining-plus-energy-transition profile focused on European markets.
• Repsol: European integrated energy company with refining assets and a stated ambition to lead in low-carbon fuels, hydrogen, and renewables. Comparable in scale of refining operations and the strategic shift toward decarbonised products.
• TotalEnergies: Global integrated oil major with European refining, growing SAF, hydrogen, and CCS activities. Comparable in combining conventional refining with a multi-pronged low-carbon transition strategy targeting aviation and road fuels.
• Shell: Global integrated oil major with European refining, hydrogen, CCS, and SAF projects. Comparable as a large incumbent pursuing integrated refining-to-low-carbon-fuel pathways across aviation and road transport.
• BP: Global integrated energy major with significant UK refining exposure and active low-carbon hydrogen, biofuels, and CCUS investments. Comparable through its UK refining footprint and parallel decarbonisation of refining operations.

Regional players

• Preem: Sweden's largest refinery operator, focused on conventional and renewable fuels. Comparable in being a regional European refiner transitioning toward renewable and low-carbon fuel products, including SAF/hydrotreated oils.

Direct peers

• INEOS Energy: Operates the Grangemouth refinery in Scotland and broader UK/European refining and petrochemical assets. Directly comparable to EET Fuels as a UK-headquartered refiner of transport fuels also pursuing decarbonisation pathways.
• Phillips 66: Operates the Humber refinery in the UK alongside a global refining portfolio. Comparable refining scale, product mix (gasoline, diesel, jet fuel), and exposure to UK/European energy transition pressures.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/EETFuels
• LinkedInlinkedin.com/company/eet-fuels/?viewAsMember=true

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Essar Oil (UK) Limited