Essar Oil is a fully integrated oil & gas company of international scale with strong presence across the hydrocarbon value chain from exploration & production to refining and oil retail.
Essar Oil has a portfolio of onshore and offshore oil & gas blocks with about 1.7 billion barrels of oil equivalent in reserves & resources.
Essar Oil owns India’s second largest single site refinery at Vadinar, Gujarat, having a capacity of 20 million metric tonnes per annum (MMTPA), or 405,000 barrels per day (BPD). Vadinar Refinery has a complexity of 11.8, which is amongst the highest globally. The refinery is capable of processing some of the toughest crudes and yet produce high quality Euro IV and V grade products. The refinery has been set up at a very competitive capex of US$ 12,746 /barrel, which is about half the global average.
Essar Oil is listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).