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Grangemouth Petrochemical plant

News

Grangemouth attracts strong investment interest 

Following the closure of Scotland’s last oil refinery at Grangemouth, the Government has pledged £200 million through the National Wealth Fund to secure a long-term, sustainable future for the site....
Rachel Reeves

News

Spending review reinforces Labour’s green agenda 

...a manifesto commitment to upgrading the nation’s homes. However, the review confirmed the pledged £13.2bn scheme funding, covering spending between now and 2030. Among the key beneficiaries of the review...

Insight

COP26 FON Blog 5: Downstream challenges

...the sector alone. “Our members are already seizing the opportunities created by this pledge; both by producing the petroleum coke for the EV batteries, or the many other products that...

News

Industry goes above and beyond for charity

...overwhelmingly positive. Together they pledged just over £169,000 to the charities. “We are extremely grateful for their generosity and commitment to those less fortunate at such a difficult time,” Dooley...

Opinion

Prax pledges on jobs and decarbonisation

Luc Smets has been appointed general manager of the Prax Lindsey Oil Refinery at North Killingholme, bringing with him more than three decades of experience in the petrochemical industry, with...

News

Spring statement sees ‘biggest ever’ cut to fuel duty

...said his announcement represents the “biggest cut to fuel duty rates ever”. Ahead of his spring statement, the chancellor had pledged to “stand by” hardworking families and set out further...

News

100% carbon offsetting of UK fuel emissions

...to deliver greater investment UK Fuels has pledged not to take any profits from the new biodegradable ‘Radius Future’ fuel card. Companies will pay 1 penny on each litre of...