News

Lenders to the petrol forecourts arm of the ailing group behind the Prax Lindsey oil refinery have drafted in City advisers ...
In a bid to stabilise operations, the Official Receiver last week struck a short-term deal with Glencore to continue crude ...
The oil company Prax Group, which collapsed into insolvency last weekend, owes the UK government as much as £250mn in unpaid ...
When the French oil major TotalEnergies SE was struggling to find a buyer for the Lindsey oil refinery in England back in ...
Potential buyers are being sought for the UK’s Lindsey oil refinery as deliveries resumed this week amid Prax Group's ...
The Official Receiver reached a deal with the commodities trading giant overnight to sell supply of crude oil to the stricken ...
The owner of the Lindsey oil refinery in Lincolnshire has fallen into administration, it was confirmed on Monday, putting hundreds of jobs at risk.
The energy security secretary is exploring ways to bring the refineries industry within the scope of a key government support ...
State Oil has appointed administrators and a winding up order has been made against three companies at the Prax site.
The commodity trading giant says it has security mechanisms as part of its agreement with the owners of the Lindsey oil ...
Lindsey, with the capacity to refine 113,000 barrels per day, according to the website of its owner Prax, has been placed under a winding-up order alongside Prax Storage Lindsey Limited and Prax ...
Commodities trader Glencore is in talks with the British government over the status of its supply and offtake contract with ...