Get In-Depth Coverage.
Published loading...Updated

Scottish refinery closure spells trouble for green transition

  • Petroineos announced the closure of Scotland's only and the UK's oldest refinery at Grangemouth on April 29, 2025, ending over a century of operations.
  • The closure followed Petroineos's 2023 decision citing daily losses of about $500,000 due to market changes and carbon-cutting policies amid insufficient government support.
  • The shutdown triggered a phased wave of redundancies affecting over 400 jobs in Grangemouth, a formerly thriving town built around the refinery with about 16,000 residents.
  • Campaigners sought to 'future-proof' the site through low-carbon options like Sustainable Aviation Fuel without job losses, while UK government pledged £200 million contingent on private investment.
  • Closure raised fears of economic decline and population loss in Grangemouth, described as a 'litmus test for just transition' requiring government action to support workers and communities.
Insights by Ground AI
Does this summary seem wrong?

62 Articles

All
Left
8
Center
12
Right
7
InsideNoVA.comInsideNoVA.com
+58 Reposted by 58 other sources
Center

Scottish refinery closure spells trouble for green transition

Andrew Petersen is a third-generation oil refinery worker from a small, industrial Scottish town.

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 44% of the sources are Center
44% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Connaissance des Énergies broke the news in on Sunday, May 11, 2025.
Sources are mostly out of (0)