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, ...

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

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

Ministers call for Insolvency Service investigation into firm closing down one of the UK's remaining oil refineries ...

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

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

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

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

State Oil has appointed administrators and a winding up order has been made against three companies at the Prax site.

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 ...

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 ...