Essar Oil UK to invest $3.6 billion in greening operations

Ruia’s-owned Essar Oil UK will invest $3.6 billion into a range of energy-efficiency and carbon-capture initiatives over the next four to five years. This will enable the company to decarbonise its production processes by 2030, its chief executive said.

“Our focus is to decarbonise all the production processes,” Deepak Maheshwari said.