Tag Archives: refinery

Deloitte statement further highlights Stanlow concerns

Concerns surrounding money siphoned out of the Stanlow oil refinery have been raised by Deloitte, after the accounting giant quit as auditor to the parent company of the refinery – Essar Oil UK. It has been reported that dividends and Read more »


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 normal, with uninterrupted supply of products to meet the needs Read more »


The Prax Group acquisition, appointments and securitisation

The Prax Group, a leading independent oil refining, trading, storage, distribution and retail conglomerate dealing in petroleum products and bio-fuels, has announced that it has successfully completed the strategic acquisition of Lindsey Oil Refinery and its associated logistic assets in Read more »


Petroineos announces future-proofing Grangemouth reconfiguration plan

Petroineos

Petroineos has announced its proposal to reconfigure the Grangemouth refinery to meet the current and future anticipated demand for its fuels products. The reconfiguration will impact on the 637 current full-time roles at Grangemouth but is anticipated to retain 450 Read more »