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Interview

In Profile: Luc Smets

Speaking of his family, recent achievements and a love of chocolate, we chat with Luc Smets, general manager at Prax Lindsey Oil Refinery to discover more about the man behind...

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Essar delivers direct to Emirates

...the world’s largest passenger jet. Essar’s Stanlow refinery, which produces 16% of the UK’s road transport fuel demand, manufactures over two billion litres of jet fuel each year and plays...

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Q3 2012 – oil production and refinery demand

...oils at refineries fell by 9.2% when compared to the previous year. The closure of the Coryton refinery was a contributory factor, having previously accounted for around 10% of the...

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A positive story for the UK

A newcomer to the UK, the Valero Energy Corporation entered the UK market last summer following its acquisition of Chevron assets including the Pembroke refinery, pipelines, terminals, an aviation fuels...

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Building a retail network at Essar

...been agreed and these will be rolled out over the coming months. This is the first time the company, which owns and operates the Stanlow oil refinery, has supplied product...

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Slicker shortlisted for waste oil recycling

...launched a £70 million base oil re-refinery in Denmark, last July, as part of a joint venture with its German partner, Avista AG. Through the Danish facility, used lubricating oils...

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Stanlow – new long term working capital funding facilities

Essar Oil UK’s Stanlow refinery, which has reported ‘strong results and healthy financials’ produces approximately 15% of UK transport fuels, including three billion litres of petrol, 3.5 billion litres of...

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New import terminal for oil products at Coryton

...maintenance, security, engineering, truck driving and construction”.   “To continue operating as a refinery, some hundreds of millions would have needed to be invested in the plant, and unfortunately this...

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No deal for Coryton

In the absence of any serious buyer interest, Coryton’s fate now looks sealed.   DECC is, however, keeping in ‘close contact’ with PwC, as the refinery’s administrators look at further options...

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Oil trader expands into physical assets

The world’s largest oil trader, Vitol has teamed up with Marcel Van Poecke, co-founder of Petroplus, to buy the Cressier refinery in Switzerland. Petroplus administrator, Wenger-Plattner reported last week that...