Potential Buyer for Lindsey Oil Refinery as Deadline Looms
A prospective buyer has emerged to potentially save Lindsey Oil Refinery, which faces closure after losses of £75 million put 420 jobs at risk, officials say.
Summary by BBC News
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New Hope Emerges for Insolvent UK Refinery
The Lindsey Oil Refinery in the UK could be saved from closing as a potential buyer has emerged with interest to take over the site in Lincolnshire and continue run it as a crude processing facility, local politicians have told the BBC. The refinery, built in 1968 with the capacity to process up to 113,000 barrels of oil per day (bpd), was set to close after its owner, Prax Group, filed for insolvency in late June. A UK court appointed a liqu…
·London, United Kingdom
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Total News Sources3
Leaning Left0Leaning Right0Center2Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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