Unions demand action to prevent ‘corporate decapitation’ of Grangemouth
Trade unions have demanded action from Westminster and Holyrood to prevent the “industrial vandalism” and “corporate decapitation” of Grangemouth.
Refining
Petroineos dismisses Grangemouth bid from Dubai trader as not viable
A UAE-based firm has confirmed an offer to buy the Grangemouth refinery in Scotland, but current owner Petrineos said it is not a "viable bid".
Labour talks up Grangemouth skills package, but union slams ‘smoke and mirrors’
The UK government said it is "stepping up plans" to support workers at the Grangemouth refinery ahead of its closure, but a leading union has criticised the support package as "smoke and mirrors".
Mystery potential Grangemouth buyer revealed as Canadian businessman
The mystery buyer behind a potential bid for the Grangemouth refinery has been revealed as Canadian businessman Garth Reid, according to media reports.
Government not ‘sleepwalking’ over Grangemouth, says Starmer
The Prime Minister has said his Government is not “sleepwalking” into potential “industrial devastation” over the closure of the Grangemouth refinery.
Grangemouth refinery closure will create ‘significant economic shock’, Swinney
The closure of Scotland’s only oil refinery will create a “significant economic shock”, John Swinney said, as the Scottish and UK governments promised a joint £100 million support package for Grangemouth.
Petroineos confirms Grangemouth will shut in 2025 with loss of 400 jobs
Grangemouth operator Petroineos has confirmed Scotland's only oil refinery will cease operations in the second quarter of 2025, leading to a net loss of 400 jobs.
Securing Grangemouth future is key test of just transition process, union warns
Securing the future of the Grangemouth refinery is “one of the greatest tests the just transition process will ever face”, a union has said ahead of a march calling for its lifespan to be extended.
Intensive work needed to avoid ‘unjust’ transition at Grangemouth, report warns
Accelerated action and intensive work is needed to avoid a “disorderly and unjust transition” when Scotland’s only oil refinery closes, a report has warned.
Stanlow refinery to expand after Grangemouth closes
The Stanlow oil refinery in northern England is getting ready to sell more fuel when a rival plant in Scotland shutters next year.
Union demands Swinney ‘show us the plan’ for Grangemouth
Union bosses have called on Scotland's First Minister John Swinney to "show us the plan" for the beleaguered Grangemouth oil refinery which is set for closure next year.
Glencore replaces Trafigura as supplier of key UK oil refinery
Commodity trader Glencore Plc. will replace its rival Trafigura Group as the supplier of crude oil to a key refinery in the UK.
RWE plans green hydrogen production plant at Grangemouth
German energy firm RWE has announced plans to build a green hydrogen production plant at Grangemouth.
UK and Scottish governments ‘sleepwalking’ on future of Grangemouth refinery
Both of Scotland’s governments have been accused of “sleepwalking towards disaster” on protecting the future of Scotland’s only oil refinery.
Workers at Shetland’s Sullom Voe terminal set for strike action
Unite said if strike action takes place it will cause "widespread disruption" at one of Scotland's key oil and gas terminals.
Exxon on track with UK refinery expansion just as others shut capacity
The bulk of new diesel supply stemming from a $1 billion expansion at the UK’s largest oil refinery operated by Exxon Mobil Corp. (NYSE:XOM) will be available in the first quarter of 2025.
Ineos fined £400,000 after Grangemouth worker ‘severely burned’
Ineos has been hit with a £400,000 fine after a worker received "severe" burn injuries from falling into a chemical pit at its Grangemouth refinery.
Grangemouth workers blast ‘empty promises’ over refinery’s future
Workers at the Grangemouth oil refinery have slated the Scottish and UK governments over failures to develop plans to help protect hundreds of jobs at the complex.
Scotland’s fuel binge offers glimpse of future without refinery
Scotland's only oil refinery at Grangemouth is set to close by mid-2025
‘Critical’ meeting to discuss future of Grangemouth refinery
Scottish and UK Governments will discuss Grangemouth refinery future
UK Energy Minister: £40m to extend Grangemouth licence not good use of public money
Energy Minister Graham Stuart also denied UK government approach would differ if the refinery was located in England
Energy minister warned of Grangemouth closure threat in 2022
Former energy minister Michael Matheson held talks with Grangemouth operator Petroineos in 2022, in which he was told of the potential closure of the refinery in the face of market pressures.
Grangemouth workers set to be offered financial incentives to stay on to 2025
Petroineos to offer enhanced redundancy terms and above inflation pay rise for ‘jobs on a timer’
Kistos expects Shetland Gas Plant to restart within the next two weeks
Shetland Gas Plant co-owner Kistos (LON: KIST) expects the facility to reopen within the next two weeks, the company said today.
Exxon’s $1bn UK expansion to make its first diesel in 2024
Exxon Mobil will complete a $1 billion expansion of diesel production at its Fawley UK oil refinery next year, a key step in curbing the country’s reliance on imports.