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News

Essar Oil UK reports positive progress on financings

Essar Oil UK, the owner of the Stanlow Refinery, reports that it has successfully addressed the required financing to replace the previous receivables facility. The refinery continues to operate as...

News

Total and Harvest Energy enter into a fuel network agreement

...including EV charge points. The agreement will also ensure closer co-operation for fuel supply, domestically with Lindsey Oil Refinery and internationally through Total’s trading portfolio. “We are delighted with this...

News

Prax appointment brings wealth of knowledge

...extensive commercial and operational experience in the industry, Mark will be responsible for overseeing the Group’s UK downstream activities, with the exception of Prax Lindsey Oil Refinery.  He will report...

News

The Prax Group appoint interim CFO

...was more recently, the commercial and financial lead for the group in the acquisition of Prax Lindsey Oil Refinery. With over two decades of experience across oil and gas, manufacturing,...

Analysis

Greenergy – liquid problem solving

...few months, we’ve been receiving enquiries from dealers and resellers worried about the commitment of oil majors to the sector, refinery closures and policy changes. The market is seeing major...

News

Cyberattack effect on oil prices

...vulnerabilities within US infrastructure. Why do oil prices vary? Oil prices vary from day to day, but when an unexpected event occurs that causes disruption in the supply chain, drastic...

News

Greenergy signs strategic JV agreement with Bapco

...of Bahrain’s energy-related activities; primarily refining, distribution of petroleum products and natural gas, sales and export of crude oil and refined products. The company owns a 260,000 barrel-a-day refinery, storage...

News

Extinction Rebellion blockades ExxonMobil terminal

Climate campaigners known as ‘Extinction Rebellion’ blocked a terminal entrance near to the largest oil refinery in the UK yesterday in protest at the Fawley expansion plans. Activists dressed as...

News

Energy minister in Coryton discussions

...options for the refinery were discussed along with the work the administrators are doing to secure a sustainable future for the plant. The minister reiterated government’s commitment to help those...

News

Essar Oil UK – ‘a significantly better year’

“We can now look ahead with renewed confidence,” said chief executive Volker Schultz Last week the owner and operator of the Stanlow Refinery filed financial results for the year ending...