search | refinery

News

Go ahead for Valero’s CHP unit

...Valero will provide power for the refinery, as well as supplement the refinery’s steam demand, and is the first project of its kind to receive planning permission as a Development...

News

New refinery manager for ExxonMobil Fawley

...recently Australia and New Zealand, where he was Refinery Manager, and replaces Simon Downing who has retired after more than 35 years with the company, including four as Fawley Refinery...

Insight

UK Downstream: the changing landscape

...public authorities, with these sales playing a key role in optimising refinery products balances. For several of these players, especially BP, Shell, Texaco and Total, value chain integration, from refinery...

Opinion

Fears for future of Stanlow oil refinery

Essar-owned Stanlow refinery, located in Ellesmere Port, is reportedly facing financial problems, but the company has said it is fully committed to its operations at the Ellesmere Port oil refinery,...

News

ABB wins major project to relocate refinery

Having ceased production in November 2014, approximately 60% of Milford Haven’s refinery’s process units will be dismantled and rebuilt at an existing facility located outside the UK.  Site relocation is...
Essar chooses final tech partner for carbon capture facility

News

Essar chooses final tech partner for carbon capture facility

...Clean Technologies is a valuable partner in our plan to reduce our refinery emissions by 95% using the BELCO® scrubbing technology.” Essar’s overall decarbonisation strategy aims to reduce refinery emissions...

News

Will refinery restructure lead to a sale?

  A restructure at the Total Lindsey oil refinery (LOR) is set to take effect from spring 2013. Total LOR, which has seen more than £600m of investment in the...
Portland Report August

Market Report

Prices and predictions: how are we faring?

...year was around $35 per barrel, but this has now fallen below $20. The crack (or “refining spread”) is how much gross profit a refinery makes, and is based on...

Insight

No easy decisions at Whitegate

...acquired by Phillips Petroleum. With the merger of Conoco and Phillips in 2002, Whitegate became a ConocoPhillips refinery. In May 2012 Phillips 66 took over ownership. Refining post 2016? When...
Lindsey Oil Refinery at dusk

Analysis

Growth without structure is a risk not a strategy

...oil refinery – the crown jewel In 2021, Prax bought the Lindsey refinery from TotalEnergies for ~$170m. This move tripled their revenue to nearly $10bn but took their debt to...

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...