Oil & Gas | CO2 Capture & Storage | Investments
Essar Oil UK has chosen Elessent Clean Technologies as the final technology partner for its Stanlow-based carbon capture facility, advancing its $1.2 billion investment towards becoming the world's first low-carbon refinery. The initiative, part of Essar's broader decarbonization strategy, targets reducing refinery emissions by 95%, aiming to capture 1 million tons of CO2 annually by 2028. This move enhances UK's energy security and supports regional economic sustainability.