Essar Oil UK is a wholly owned subsidiary of Essar Energy Limited, with investments in energy (oil, gas and power).
Total annual revenues amount to over US$35 billion, with the group’s portfolio of companies employing over 60,000 people across 29 countries. Essar purchased Stanlow in August 2011 and continues to make significant capital investments in the site.
Essar Oil UK reported strong financial results for the Financial Year ending March 2017.
Essar Oil UK recently announced record results for the Financial Year ending March 31st 2016.
Essar Oil UK reported healthy financial results for the year ending March 31st 2015.
Essar Oil UK is publishing this tax strategy document in compliance with Schedule 19 of the Finance Act 2016. This document, sets out the company’s approach to managing its tax affairs and dealing with tax risks for its financial year ending 31 March 2018. This document will be reviewed annually, updated as appropriate and approved by the Board.