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Posts Tagged ‘Shell Stanlow Refinery’

U.K. Deal Marks Latest Shift For European Refining Sector

AUGUST 2, 2011 By ALEXIS FLYNN Essar Energy Monday completed a deal to buy the U.K’s second-biggest refinery at Stanlow, in Northwest England, from Royal Dutch Shell PLC, marking another step in a changing of the guard for the European refining sector as the fully integrated oil majors sell out to a new coterie of [...]

Sunday 31st July is the last day of Shell’s ownership of Stanlow Refinery

EMAIL RECEIVED BY JOHN DONOVAN John, After 82 years Sunday 31st July is the last day of Shell’s ownership of Stanlow. Can I thank you for all the help, and publicity, you have given us over the last few years. We are looking forward to becoming part of Essar and are not sorry to see [...]

Shell changes talent mix to meet energy market challenges

Skilled recruitment continued as 7,000 people laid off Royal Dutch Shell has continued recruiting despite laying off up to 7,000 staff in the past few years as it continuously “reprofiles” its talent mix, its HR chief HR has said. Hugh Mitchell (right), Shell’s chief HR and corporate officer, told the Economist’s Talent Management Summit yesterday [...]

Joint Statement by Shell Stanlow refinery parties

Joint Statement from Shell, Essar and the Employee Representatives from the consultation meeting held 14th March 2011 Shell and Essar management have today formally met for the second time to consult with the employee representatives for Stanlow refinery and the associated marketing businesses. This has included sessions with both non-unionised and unionised representatives on general [...]

Essar’s Stanlow deal hits union bump

S Kalyana Ramanathan / London March 5, 2011, 0:34 IST Essar Energy’s $350-million deal to buy Shell UK’s oil refinery and associated assets at Stanlow, near Ellesmere Port, Cheshire, has hit a road block. The employee union has rejected the deal in its current form due to differences over pension payout and other issues. Union [...]

Refinery workers reject plans for Shell Stanlow sale to Essar

Out of the frying pan and into the fire… to go from a situation that is bad, to one that is even worse… By John Donovan Representatives of the Unite union had a meeting on 1 March with Shell and Essar to discuss the proposed employee transfer arrangements arising from Shell’s pending sale of the [...]

Essar Energy to provide $1bn bank guarantee for Shell’s Stanlow refinery

21 Feb, 2011, 06.35AM IST, Pradeep Pandey,ET Bureau MUMBAI: Essar Energy will provide a bank guarantee of $1 billion to close the offer it made to acquire Shell’s Stanlow refinery in the UK, according to a person who is part of ongoing negotiations with banks. This bank guarantee would be over and above the $350 [...]

Essar agrees break fee on Shell’s Stanlow

FT.com By David Blair in London and Tom Burgis in Mumbai: Published: February 19 2011 01:30 Essar Energy has taken a significant step towards buying Shell’s refinery at Stanlow, on the south bank of the Manchester Ship Canal near Ellesmere Port in Cheshire. Essar has until March 31 to confirm that it wants to buy [...]

Essar may pump Indian fuel into UK

Petrol from India is likely to find its way into the UK market for the first time, after Essar Energy bought Royal Dutch Shell’s Cheshire oil refinery for $350m (£216m). Essar may pump Indian fuel into UK Photo: ALAMY By Rowena Mason 7:15AM GMT 19 Feb 2011 It is the latest deal in the struggling UK [...]

Shell receives offer for Stanlow refinery in the UK

As one Stanlow insider put it… “John, Looks like we have been sold by the cowboys to the Indians.” Shell receives offer for Stanlow refinery in the UK 18/02/2011 Shell today confirmed it has received an offer from Essar Energy to buy its 272,000 barrel-per-day Stanlow refinery and associated local marketing businesses in the UK [...]

Essar Energy, Shell may sign U.K. refinery pact

Feb. 18, 2011, 2:08 a.m. EST By Eric Yep MUMBAI (MarketWatch) — India’s Essar Energy PLC (ESSR.LN) is likely to sign an initial agreement this week for a possible acquisition of Royal Dutch Shell PLC’s (RDSB.LN) Stanlow refinery in the U.K., a person with direct knowledge of the matter said Friday. London-listed Essar Energy and [...]

Shell, BP to Close, Sell Oil Refineries in Europe, U.S.

By Nidaa Bakhsh – Feb 9, 2011 12:01 AM GMT+0000 Royal Dutch Shell Plc and BP Plc, Europe’s largest oil companies, plan to close and sell refineries in the U.S. and Germany on declining demand for fuels such as gasoline in developed nations. BP plans to sell its 475,000 barrel-a-day Texas City refinery in Texas [...]

Essar finalises to buy Shell’s UK refinery for $350 mn

19 Jan, 2011, 03.17PM IST, Darshan Mehta,ET MUMBAI: Essar Oil has finalised the acquisition of Shell’s Stanlow refinery in UK for $350 million dollars, a source close to the deal told ET NOW. The Stanlow refinery is part of the Royal Dutch Shell group with a capacity of 2.37 lk barrels per day. The deal [...]

Essar Reopens Talks to Buy Shell’s Stanlow Refinery, Times Says

By Lucy Meakin – Jan 16, 2011 1:35 PM GMT+0000 India’s Essar Oil Ltd. reopened talks to buy Royal Dutch Shell Plc’s Stanlow refinery, the Sunday Times reported, citing an unidentified company spokesman. Shell has given Essar six weeks to submit a firm bid for the U.K. facility, the London-based newspaper said, citing people close [...]

Essar bids for Shell’s Stanlow refinery -union rep

Tue Dec 21, 2010 1:17pm GMT * Essar makes bid, given deadline to make firm offer * Shell will withdraw plant from sale if no deal * Shell continues to withdraw from European refining By Tom Bergin LONDON, Dec 21 (Reuters) – Royal Dutch Shell Plc has told employees at its Stanlow refinery that India’s [...]