Two-Week Deadline Set to Find Buyer for Ailing Lindsey Oil Refinery

Two-week deadline set to find buyer for ailing Lindsey oil refinery

Restructuring experts appointed by the Official Receiver have begun contacting potential buyers of the Lincolnshire plant, which supplies 10% of the UK's fuel, Sky News learns.

Distressed UK Lindsey Oil Refinery Yet to Restart Fuel Supplies

The UK’s beleaguered Lindsey oil refinery has yet to restart fuel delivery to wholesalers, according to two people familiar with the matter.

Lindsey refinery collapse results in redundancy for more than 100 tanker drivers

Administrators for the Prax Lindsey oil refinery, which filed for insolvency at the end of June, have confirmed that more than 100 tanker drivers have been made redundant with immediate effect. The drivers were employed by Axis Logistics, logistics provider for the Prax Group, which went into administration along with its parent company. Administrator Teneo Financial Advisory has confirmed that the majority of Axis Logistics 137 staff have been …

Distressed UK Lindsey Oil Refinery Restarts Fuel Supply

The UK's Lindsey oil refinery has restarted deliveries of fuel, according to the Department for Energy Security & Net Zero.

Prax Lindsey refinery update

FTI Consulting, which was appointed special manager of the Lindsey oil refinery by the Official Receiver, has less than a fortnight to find a buyer for the business.

Prax Group Update: Axis Logistics Drivers Made Redundant

More than 100 tanker drivers linked to the collapsed Prax Group’s North Killingholme oil refinery have been made redundant with immediate effect, administrators have confirmed, writes Carol Millett. Axis Logistics was managed by Prax Group’s logistics operations, which included deliveries to petrol station forecourts and airports. It entered administration yesterday (7 July), just over a week after the owners of the Lindsey Oil Refinery called i…