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...
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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...
News
Hydrogen success sees key milestone reached in Essar transition
...West and North Wales. The installation of industrial carbon capture technology at the Stanlow refinery, which will enable the direct capture of more than 800,000 tonnes of CO2 per year,...
News
HOYER UK fuel tanker drivers support NHS oxygen deliveries
...Petrolog drivers from the company’s depots at Stanlow Refinery in Cheshire and Hemel Hempstead in Hertfordshire, have now completed medical grade oxygen product training with Air Products. Jonathan Lawrence added:...
News
Essar looking for retail partners at new build station
...entrance to its Stanlow Refinery in Ellesmere Port. The company is keen to use this prestigious retail investment to highlight their brand and would welcome expressions of interest from retail...
News
Essar donates £3,000 to provide dementia support
...and business partners nominate a chosen charity as safety milestones are met. David Ellis presents £3,000 donation to Alzheimer’s Society as part of Let’s Give safety initiative at Stanlow Refinery...
News
Essar safety milestone benefits local school
...Port were delighted to receive a £3,000 donation from Essar at Stanlow recently as a result of the refinery achieving a record breaking safety target of three million hours without...
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
Phillip 66 advances Humber Zero carbon capture plant with support contract award
Phillips 66 Limited Humber Refinery has awarded Babcock & Wilcox (B&W) a contract to design a pre-treatment process for flue gas as part of plans for a new carbon capture...
News
Lindsey refinery collapse sparks urgent industry and government response
The Lindsey oil refinery entered administration on 30 June, prompting immediate action from government and industry bodies amid concerns over fuel supply, energy resilience and job losses. The collapse of...
News
A feeling of insecurity?
...result in the closure of the INEOS site at Grangemouth. The start of 2014 has been equally challenging; in February, Essar Energy announced that its Stanlow refinery would see production...
Insight
The downstream oil market landscape of Ireland in the 2020s
...evolved since 2000: There have been two major developments in the landscape since the start of the millennium, which are: In 2001 the government sold Whitegate refinery, operated by the...
News
Greenergy signs strategic JV agreement with Bapco
...and refinery gasoline production with Greenergy’s blending, terminal operations and trading expertise to meet Bahrain’s domestic demand for gasoline blend components as well as create opportunities to import and export...
News
Irving Oil to acquire Whitegate
Built in 1959 Whitegate is Ireland’s sole refinery, it processes up to 75,000 barrels of crude oil per day, producing transportation and heating fuels. It has a workforce of 160...
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...
Insight
How does the french downstream sector compare to the UK?
...heating oil continues to be a material source of fuel/energy for heating purposes. Rationalisation of the refinery network has been pursued with particular urgency over the past five years with...
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...