Mon, 30 Jun 2025

Mon, 30 Jun 2025 Government supporting refinery as 420 jobs at risk

The government says workers at the Lindsey plant in Lincolnshire have been "badly let down".
Government intervenes to secure oil refinery's safe operation after owner goes into administration. 420 employees at Prax Lindsey Oil Refinery Limited are at risk, but government expects 1,000 jobs could be affected when including contractors and supply chain. Energy Minister Michael Shanks demands immediate investigation into directors' conduct and insolvency circumstances. Company purchased the plant in 2021 for £75m loss between takeover and February 2024, according to financial reports. Government will maintain supplies, protect energy security, and support workers and local community, including engaging with trade unions and industry bodies. Shanks calls on business's leadership to do right thing and support workers through this difficult period. Unite's general secretary Sharon Graham says government must intervene immediately to protect workers and fuel supplies. Regional officer Mick Simpson expresses members' extreme worry about their immediate future, hoping for similar measures to those taken with British Steel plant in Scunthorpe.
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