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The 400+ workers at the refinery have been retained while options are explored for its future - but tanker drivers linked to ...
Restructuring experts appointed by the Official Receiver have begun contacting potential buyers of the Lincolnshire plant, ...
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 ...
State Oil has appointed administrators and a winding up order has been made against three companies at the Prax site.
Axis Logistics Limited has entered administration and the majority of its 137 staff have been made redundant with immediate ...
Lindsey oil refinery owner Prax Group crashes into insolvency Hundreds of jobs could be at risk as the owner of about 200 petrol stations, Shetland oilfields and the Lincolnshire oil refinery is ...
The commodity trading giant says it has security mechanisms as part of its agreement with the owners of the Lindsey oil refinery in northern England.
A deadline has been set to find a buyer for the stricken Prax Lindsey Oil Refinery, it has been reported, with hundreds of jobs at risk.
Ministers are exploring ways to hand state support to Britain's remaining oil refineries as they scramble to deal with the fallout from the collapse of the Prax Lindsey site in Lincolnshire which has ...
Britain's insolvent Lindsey oil refinery has resumed fuel deliveries, a spokesperson for the Department for Energy Security and Net Zero (DESNZ) told Reuters on Tuesday, after a deal to continue short ...
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