Sat, 02 Aug 2025

Sat, 02 Aug 2025 UK oil refinery ends production, officials say

The site near Immingham was taken over by the Official Receiver in June and no buyer has been found.
The government stated that refined products will continue to be sold for a number of weeks, allowing buyers time to adjust their supply chains. Earlier this week, North Lincolnshire Council leader Rob Waltham urged the government to keep the refinery open longer to allow a potential buyer to come forward, warning of "thousands of jobs" at risk. The refinery's owner went into administration after recording losses of about £75m over three years. The Official Receiver is continuing to pursue interest from potential buyers for individual assets. About 100 workers were due to walk out on Friday, including airside support officers and engineers, while hundreds more will go on strike over a rejected pay offer in August.
  >>


Terms of Use | Privacy Policy | Manage Cookies+ | Ad Choices | Accessibility & CC | About | Newsletters | Transcripts
Business News Top © 2024-2025