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A “grown-up debate” is required about the future of the Grangemouth refinery, a senior official from its owners has said. Petroineos announced in September that the refinery will close in the second ...

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 release that, ...

Talk of potential buyers for the Grangemouth refinery has been a distraction with no credible offers having come forward, bosses at Petroineos have said. The refinery is to close next year with the ...

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 ...

Sir Jim Ratcliffe is the CEO and chairman of Ineos. Credit - Getty. Petroineos, the energy trading company backed by Sir Jim Ratcliffe, lost $250m (£187.5m) in 2024 as it slumped into the red for the ...

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 ...

Hundreds of workers face months of uncertainty after bosses at Scotland's last remaining oil refinery would not confirm when the business will close. Petroineos announced last month it would end its ...

A leak of crude oil from an underground Petroineos pipeline that runs from the Finnart terminal on Loch Long to Grangemouth refinery is being "contained" and "cleaned up" in a multi-agency response, ...

Simply sign up to the Coronavirus economic impact myFT Digest -- delivered directly to your inbox. Petroineos plans to cut the capacity of Scotland’s only oil refinery with the loss of up to 200 jobs, ...