Potential buyers are being sought for the UK’s Lindsey oil refinery as deliveries resumed this week amid Prax Group's ...

In a bid to stabilise operations, the Official Receiver last week struck a short-term deal with Glencore to continue crude ...

Restructuring experts appointed by the Official Receiver have begun contacting potential buyers of the Lincolnshire plant, ...

Prax Group, which is led by chairman and chief executive Sanjeev Kumar Soosaipillai, purchased Lindsey Oil Refinery from ...

An oil refinery that supplies 10pc of British fuel is at risk of shutdown within days, raising the prospect of disruption to ...

Commodities trader Glencore is in talks with the British government over the status of its supply and offtake contract with ...

The oil company Prax Group, which collapsed into insolvency last weekend, owes the UK government as much as £250mn in unpaid ...

The collapse directly impacts more than 180 staff employed by State Oil, alongside an estimated 440 workers at the Lindsey ...

Britain's Lindsey oil refinery has begun insolvency proceedings, putting hundreds of jobs at risk and potentially increasing the country's reliance on fuel imports just weeks after its Grangemouth ...

Unite has called on the Government for urgent intervention as it raised concerns that the failure of the firm could impact UK ...

Government demands investigation after Lindsey oil refinery owner collapses - Energy minister Michael Shanks said the firm’s ...