Essar Global Fund Limited (EGFL)

United Kingdomessar.com

Essar Global Fund Limited (EGFL), commonly known as Essar, is the investment and holding entity of the Essar Group, managed by Essar Capital Limited. The group owns and operates energy and infrastructure businesses with a core focus on downstream fuels, refining, storage, and logistics. Key assets include Essar Oil (UK) Limited, which operates the Stanlow refinery, and Stanlow Terminals Ltd, supporting bulk liquid storage and distribution across the UK.

Essar’s energy portfolio spans fuel supply and retail under EET Fuels, as well as upstream operations through Essar Oil & Gas Exploration & Production Ltd in India. Through Essar Energy Transition (EET) and Essar Future Energies, the group is developing lower‑carbon projects such as hydrogen and biofuels aimed at decarbonizing hard‑to‑abate sectors. With operations primarily in the UK and India, Essar’s businesses serve transportation fuels markets and supply petrochemical feedstocks, supported by a network of terminals and strategic supply hubs.

Also known as Essar Group, Essar, Stanlow Terminals Ltd, Essar Oil & Gas Exploration & Production Ltd, Essar Oil & Gas, Essar Future Energies, Essar Capital Limited, Essar Capital, Essar Energy Plc UK, and Essar Energy.

Projects Essar is involved in

chemXplore tracks 2 projects involving Essar, of which 2 are active.

Essar's role on them: Owner and Developer.

1 FEED / Pre-FID 1 Under Construction

2 new construction.

Expected to start operating, per year.

Contractors and licensors are recorded on 1 of these 2 projects For subscribers

Targeting: Carbon dioxide (1), Hydrogen (1), Iron (1), Sustainable Aviation Fuel (1)

Follow these projects in chemXplore →

Latest news on Essar

14 September 2026
Essar Energy Transition Retail acquires SGN Retail, creating 235-site network

Adds 118 forecourts to a 235-site UK network with 650m+ litres annual throughput; aims for 800 sites by 2031 supplied from Stanlow refinery.

3 August 2026
Essar marks 15 years of Stanlow ownership

Stanlow refinery: £1bn modernisation, recent £100m turnaround (+8% throughput) and hydrogen-ready furnace; £4.3bn decarbonisation pipeline with >£1bn near FID and c.5,000 UK jobs supported.

6 July 2026
Essar Energy Transition renews US$300m crude facility with Petraco

Three-year facility refreshes crude sourcing and product marketing, strengthens feedstock security and capital structure while backing higher domestic output and low‑carbon investments.

16 June 2026
Essar Energy Transition Fuels and IRH agree USD 500 million crude and product facility

USD 500 million facility to secure crude sourcing, diversify feedstock and optimise working capital for Stanlow refinery’s refining and trading activities.

22 May 2026
GreenLine Mobility expands LNG truck deployment with Tata Steel

LNG trucks flagged off at Meramandali to cut long‑haul emissions; fleet 1,000+ LNG/EV trucks, 90M+ km, >24,000 tCO2 saved; target 10,000 trucks and 100 LNG stations.

18 May 2026
Essar Energy Transition completes Pre‑FEED for Stanlow Methanol‑to‑Jet SAF hub

Planned plant will convert ~550,000 tpa renewable methanol into >200,000 tpa jet fuel, using existing refinery blending and pipeline export; FEED this year, FID by early 2028.

6 April 2026
Mesabi Metallics raises $150M from Macquarie

World-scale DR-grade iron ore mine and pellet plant in Nashwauk, MN, set for Q3 2026 start; $2.5B project on 16,000+ acres, EXIM support, $2B+ equity invested and 800 workers onsite.

31 March 2026
Breakwall Capital, Vitol Close Valor Mining Credit Partners II

New mining credit fund focusing on structured, event-driven financing for mining and critical minerals. First deal: $520M loan to back a US iron-ore mine and pellet plant; project has $2.2B+ invested.

Where its projects are

By country, the most active first.

Group companies