News

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, ...
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 ...
Axis Logistics Limited has entered administration and the majority of its 137 staff have been made redundant with immediate ...
The commodity trading giant says it has security mechanisms as part of its agreement with the owners of the Lindsey oil ...
The energy security secretary is exploring ways to bring the refineries industry within the scope of a key government support scheme for energy-intensive companies, Sky News learns.
State Oil has appointed administrators and a winding up order has been made against three companies at the Prax site.
The owner of the Lindsey oil refinery has crashed into insolvency, putting hundreds of jobs at risk at the energy ...
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.
On 30 June 2025, a winding-up order was made against Prax Lindsey Oil Refinery Limited, Prax Storage Lindsey Limited, and Prax Terminals Killingholme ...