Essar Oil appoints corporate governance expert Tony Fountain to board

Essar Oil (UK) has appointed Tony Fountain, managing partner at Essar Energy Transition (EET), as a non-executive board director.

Fountain’s appointment, effective Monday, comes at a time as Essar works on its investment plan to become a low-carbon refinery. Tony’s appointment will support EET’s ambition to lead the UK’s energy transition and invest $3.6 billion in developing low-carbon energy transition projects in the next five years. Of these investments, $2.4 billion will be at the Essar site in Ellesmere Port, between Liverpool and Manchester.

Fountain started his career at BP and he later worked as the chief executive officer (CEO) of refining and marketing at Reliance Industries. This was followed by a period as the CEO of the UK Nuclear Decommissioning Authority.