Profitp at Petroineos slumped in the months leading up the closure of its Grangemouth refinery, heavily delayed accounts have revealed, as the energy trading company wrestled with economic ...

Petroineos announced in September the refinery will close in the second quarter of next year, putting 400 jobs at risk. Both the Scottish and UK governments as well as trade unions have hit out at ...

Oil trader Petroineos has been snapping up benchmark crude in the North Sea market at the fastest pace in at least 16 years, leaving rivals surprised by the flurry of activity. The firm — a ...

Petroineos Refining Ltd. (PRL), a joint venture of INEOS Group’s Ineos Investments (Jersey) Ltd. (50.1%) and China National Petroleum Corp.’s PetroChina Co. Ltd. (PetroChina) subsidiary ...

The SNP’s energy secretary has blamed Petroineos bosses for risking a just transition for skilled workers at Grangemouth, stressing the closure of Scotland’s only oil refinery should have come ...

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 ...

The Scottish and UK governments have been blamed for pursuing a ban on new petrol and diesel cars for forcing Petroineos to close its Grangemouth oil refinery, axing 400 jobs. Did you know with a ...

Crude processing ends at Scotland's Grangemouth oil refinery, redundancies start Scotland's only oil refinery ceased crude oil processing as of Tuesday, operator Petroineos said in a statement ...

Petroineos, the owners of the Grangemouth plant, which opened in 1924, said the site would import finished transport fuels such as petrol and diesel from now on. The shutdown was confirmed in an ...

On April 29, owner Petroineos announced it had ended operations at the refinery after more than a century, triggering the first of a phased wave of redundancies, including Petersen’s.

Petroineos is a joint venture between PetroChina and Ineos, a chemical conglomerate owned by British billionaire Jim Ratcliffe, a significant minority shareholder of Manchester United. Petroineos ...

Last September, the owner of Scotland’s Grangemouth refinery, Petroineos, announced plans to close the crude processing facility as it has been struggling to compete with the new complex ...