The former owner of a British oil refinery is being sued following the chaotic collapse of his business empire and amid fears ...

The Mayor of Greater Lincolnshire, Dame Andrea Jenkyns (Reform UK), has promised to support refinery staff 'with training and ...

In a bid to stabilise operations, the Official Receiver last week struck a short-term deal with Glencore to continue crude ...

The 400+ workers at the refinery have been retained while options are explored for its future - but tanker drivers linked to ...

A group of lenders owed more than £200m by Prax's fuel retailing operations have drafted in advisers from AlixPartners ahead ...

The oil company Prax Group, which collapsed into insolvency last weekend, owes the UK government as much as £250mn in unpaid ...

Officials have set a two-week deadline to find a buyer for the ailing Prax Lindsey oil refinery amid growing doubts over the site's future viability.

State Oil has appointed administrators and a winding up order has been made against three companies at the Prax site.

When the French oil major TotalEnergies SE was struggling to find a buyer for the Lindsey oil refinery in England back in ...

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 ...

Slaughter and May and Ashurst are acting in the insolvency proceedings of key entities behind the Lindsey oil refinery, one of Britain’s last operational oil refineries, which is now facing closure ...

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