1 minute
Grangemouth Refinery owner Petroineos has rejected a bid to buy the refinery from a UAE-based firm, Trading Stack DMCC, dismissing the offer as "not credible". The company, along with an unnamed US partner, claims to have the finances to make the refinery profitable and save 400 jobs.
4 minutes
The closure of Scotland's only oil refinery, Grangemouth, has put over 3,000 jobs at risk due to a ripple effect across the supply chain. The company has confirmed it will cease refining oil at the site during the second quarter of 2025 onwards due to global market pressures and competition from big
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