News
01 July 2025

Lindsey oil refinery owner files for insolvency

In:
Oil & gas
Region:
Europe

State Oil, owner of Prax Group and the Lindsey oil refinery in Lincolnshire, has entered insolvency amid mounting losses at the 5.4 million tonne per year site. Administrators have been appointed for the group, putting hundreds of jobs at risk across the 500-acre refinery as well as its fuel...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
20 June 2025

Oil & gas dealmaking resurgent amid geopolitical strife

A new report into bank funding for the fossil fuel industry has highlighted a resurgence in dealmaking for oil & gas firms. ECAs may have stepped away, but regardless...

Video
26 June 2025

10 minutes with Abdulrahman Al Sowaidi, CEO, QDB

TXF talks to Abdulrahman Al Sowaidi, CEO of Qatar Development Bank (QDB), at the Exile Global 2025 event, discussing topics such as QDB's multifaceted product offering and its...