News

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 ...
The 400+ workers at the refinery have been retained while options are explored for its future - but tanker drivers linked to ...
The oil company Prax Group, which collapsed into insolvency last weekend, owes the UK government as much as £250mn in unpaid ...
In a bid to stabilise operations, the Official Receiver last week struck a short-term deal with Glencore to continue crude ...
State Oil – the parent company of Prax Group, which owns the Lindsey refinery in North Lincolnshire – appointed administrators on Monday. A separate winding-up order has also been made against the ...
More than 100 tanker drivers have been made redundant after the Prax Lindsey Oil Refinery filed for insolvency. Axis ...
State Oil has appointed administrators and a winding up order has been made against three companies at the Prax site.
The Official Receiver reached a deal with the commodities trading giant overnight to sell supply of crude oil to the stricken ...
Slaughter and May and Ashurst are acting in the insolvency proceedings of key entities behind the Lindsey oil refinery, one ...
On 30 June 2025, a winding-up order was made against Prax Lindsey Oil Refinery Limited, Prax Storage Lindsey Limited, and Prax Terminals Killingholme ...
Britain's Lindsey oil refinery has begun insolvency proceedings, putting hundreds of jobs at risk and potentially increasing the country's reliance on fuel imports just weeks after its Grangemouth ...