The deputy First Minister has vowed to “leave no stone unturned” to secure a future for the workers at risk of losing their ...

Minister ‘hopeful’ for ‘positive’ announcement on Grangemouth soon - Michael Shanks was quizzed on his Government’s £200 ...

LONDON, Nov 22 (Reuters) - PetroIneos said on Wednesday it is preparing to shut down its Grangemouth oil refinery in Scotland to convert it into a fuels import terminal as it faces growing ...

Petrochemical company Petroineos has confirmed its long-telegraphed plan to close the century-old Grangemouth oil refining operation. The move threatens 400 workers’ jobs, over 80 percent of the ...

In a release sent to Rigzone recently, Petroineos “confirmed its intention to cease refinery operations at Grangemouth during the second quarter of 2025”. The company highlighted in the ...

The SNP’s energy secretary has blamed Petroineos bosses for risking a just transition for skilled workers at Grangemouth, stressing the closure of Scotland’s only oil refinery should have come ...

Petroineos, the owners of the Grangemouth plant, which opened in 1924, said the site would import finished transport fuels such as petrol and diesel from now on. The shutdown was confirmed in an ...

Crude processing ends at Scotland's Grangemouth oil refinery, redundancies start Scotland's only oil refinery ceased crude oil processing as of Tuesday, operator Petroineos said in a statement ...

Owners of the refinery, Petroineos, ceased crude oil processing in April, with a planned closure this summer resulting in the loss of 430 jobs. Shanks said more than 80 potential investors in the ...

Petroineos, a joint venture between Ineos and PetroChina, plans to convert its Grangemouth, Scotland, refinery to a fuel importation terminal. The company says that the refinery will continue ...

Oil trader Petroineos has been snapping up benchmark crude in the North Sea market at the fastest pace in at least 16 years, leaving rivals surprised by the flurry of activity. The firm — a ...

Petroineos Refining Ltd. (PRL), a joint venture of INEOS Group’s Ineos Investments (Jersey) Ltd. (50.1%) and China National Petroleum Corp.’s PetroChina Co. Ltd. (PetroChina) subsidiary ...