Labour MP urges UK government to nationalise Grangemouth …
WEB4 hours ago · The Grangemouth refinery is one of six in the UK and the only one in Scotland. It was originally opened by BP in 1924 and expanded into petrochemicals in the 1950s. Ineos acquired the site in 2005.
Grangemouth: Scotland's only oil refinery to close next year - BBC News
WEBSep 12, 2024 · Role, BBC Scotland News. 12 September 2024, 10:41 BST. Updated 36 minutes ago. Scotland's only oil refinery is to close by the summer of next year, with the loss of 400 jobs. Petroineos said the ...
Labour MP urges UK government to nationalise Grangemouth …
WEB4 hours ago · The Grangemouth refinery is one of six in the UK and the only one in Scotland. It was originally opened by BP in 1924 and expanded into petrochemicals in the 1950s. Ineos acquired the site in 2005.
'Possible buyer' for Grangemouth refinery - minister - BBC News
WEB5 days ago · Scotland Editor, BBC News. Published. 13 September 2024. ... Grangemouth is Scotland's only refinery and accounts for about 14% of the UK's overall refining capacity.
Grangemouth oil refinery set to close by next year - UK News
WEBSep 12, 2024 · Grangemouth is the oldest of the UK's six refineries and currently supplies 65% of Scotland's oil products, including petrol and diesel. Petroineos initially announced its plan last year, but union leaders hoped it could remain open longer to provide time for a green alternative to be established.
Grangemouth oil refinery to close 'next summer', Petroineos …
WEBSep 12, 2024 · READ MORE: Grangemouth oil refinery rival plans to sell more fuel once Scottish site closes. Shareholders are said to have invested more than $1.2 billion since 2011 and incurred losses of $775m over the same period. However, it was revealed earlier this year that the UK Government was providing a £600m loan guarantee for an Ineos ...
Grangemouth oil refinery could cease operations by 2025 - BBC News
WEBNov 22, 2023 · Scotland's only oil refinery could cease operations as soon as 2025 under plans announced by owners Petroineos. The company said Grangemouth had been facing significant challenges because of...
John Swinney denies lack of action over Grangemouth closure
WEB6 days ago · The BBC understands the refinery - the oldest in the UK - is currently losing around $500,000 (£383,000) a day and is on course to lose around $200m (£153m) in 2024.
Government not ‘sleepwalking’ over Grangemouth, says Starmer
WEB20 hours ago · The Prime Minister has said his Government is not “sleepwalking” into potential “industrial devastation” over the closure of the Grangemouth refinery. Owner Petroineos announced last week ...
'Massive opportunity' for Grangemouth cluster when refinery shuts
WEBWed, 11 September 2024, 9:43 am GMT-4 · 2-min read. -Credit: (Image: ScotGov Flickr) There is a “massive opportunity” for the Grangemouth industrial cluster after the oil refinery there closes next year, the Scottish Government’s acting Net Zero Secretary has said. Gillian Martin said discussions are ongoing around the future of the site ...
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