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

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

Greenergy plans to shut its UK biodiesel plant as weak market conditions and policy uncertainty drive a broader retreat from ...

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

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

Around 60 jobs will be subject to the consultation process, a spokesperson told Reuters. It would mark the latest blow for Britain's fuel industry, a week after the nearby Lindsey oil refinery's owner ...

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

One of Britain’s biggest oil refineries collapsed owing HMRC hundreds of millions of pounds in unpaid taxes, it can be ...

Slaughter and May and Ashurst are acting in the insolvency proceedings of key entities behind the Lindsey oil refinery, one ...

According to the government, Lindsey is the smallest of the UK's oil refineries producing fuel. It is located next to the Phillips 66 Humber refinery, which is the dominant fuel supplier in the ...

Axis Logistics Limited has entered administration and the majority of its 137 staff have been made redundant with immediate ...