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Members of the Unite union march and rally at the Scottish Parliament in protest at Petroineos plans to close Grangemouth oil refinery.

Economy Fuel News Oil Politics

Unions demand action to prevent ‘corporate decapitation’ of Scotland’s Grangemouth refinery

The Scottish and UK governments have commissioned a study that will look at options for the long-term future of the site.

By Craig Meighan28 Nov 2024UK PA Media

The refinery is due to close next year (Andrew Milligan/PA)

Business Labour News Oil Politics

Grangemouth transition planning should have started five years ago, MSPs told

Petroineos' Grangemouth refinery closure, due next year, could impact 400 jobs, as calls for early transition planning arise.

By Craig Paton13 Nov 2024UK PA Media

The Grangemouth refinery will close next year (Andrew Milligan/PA)

Environment Manufacturing News

Grangemouth refinery closure: College to offer ‘bespoke support’ to workers at risk

Plans for the closure of Scotland's Grangemouth refinery next year will lead to the loss of up to 400 jobs.

By Craig Paton17 Oct 2024UK PA Media

FILE PHOTO: Tanker trucks are seen among oil tankers docked at the port of Tuxpan, in Veracruz state, Mexico April 22, 2020. REUTERS/Oscar Martinez/File Photo

Analysis Business Finance Fuel In-Depth Oil

Global refiners face profit slump as new plants come online

Oil refiners in Asia, Europe and the United States are facing a drop in profitability to multi-year lows, following big returns post-pandemic

By Ahmad Ghaddar, Trixie Yap and Shariq Khan20 Sep 2024Reuters

The First Minister chaired a meeting of unions and the workforce (Michael Boyd/PA)

Business Fuel News Oil Politics

Grangemouth owners urged to reconsider refinery closure

Petroineos announced it would shutter the refinery in the second quarter of next year as it looks to move to become an import...

By Craig Paton13 Sep 2024UK PA Media