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News

Coryton assets to be sold to joint venture

...to be an import terminal, after significant reconfiguration of the existing site.   The  administrators are presently overseeing the removal of all crude oil and refined products from the site and...

News

Stanlow’s strong performance

...of high value propylene. In the nine months to December 31st, 2015, Stanlow, which produces about 15% of the UK’s road transport fuel demand, processed 6.77 MMT of crude, a...

Analysis

Greenergy – liquid problem solving

...biofuels viable? FON asked.  “Well, there’s no plan B. The new crude reserves being discovered are in places that are increasingly hard to explore.  We need other alternative liquid fuels...
Prax Lindsey Oil Refinery

News

Prax Lindsey refinery set to close with no buyer found

...will be winding down operations,” Shanks said. In a written statement, the Energy Minister said that the refinery will process crude until the end of the month, and the official...

News

Fluid Oil – meeting strategic objectives

...a 6API Orinoco crude to 25.5API at a liquid yield of 93.5%. The plant will now be used to undertake customer tests and provide engineering data required to build the...

News

Thoughts on fuel prices – November in review

...day the next round of EU sanctions will go live which will ban the import of Russian crude oil into Europe and prevent insurance companies being involved in sales unless...
Lindsey Oil Refinery at dusk

Analysis

Growth without structure is a risk not a strategy

...assured by Soosaipillai that all was well. Weeks later, Prax collapsed, owing up to £250m in tax. 625 jobs at risk. Administrators rushed in. Glencore UK, their crude supplier, had...