Essar Oil UK says ‘confident in its future’ amid media speculation

Indian conglomerate Essar’s UK arm, Essar Oil UK, has said that it remains “confident in its future” amid speculation in the UK media about its Stanlow Refinery at Ellesmere Port in Cheshire, north-west England, being in trouble.

“EOUK [Essar Oil UK] remains confident in its future, not least as the air travel market continues to open up and demand recovers,” a company statement said.