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

The Energy Minister has written to the owners of the ill-fated Prax Lindsey Oil Refinery calling on them to "do the decent ...

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

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

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

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

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

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

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

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

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

Greenergy, owned by global commodities trading giant Trafigura, said on Thursday that it planned to end biodiesel production in Immingham, in north-east Lincolnshire. The product is blended into ...