US Edition
Miliband eyes refinery support after Lindsey collapse
NORTH LINCOLNSHIRE, ENGLAND, UNITED KINGDOM, JUN 30 – Prax Group’s insolvency threatens 2,500 jobs and raises concerns over UK fuel supplies after £75 million losses at Lindsey Oil Refinery, government demands director conduct investigation.
- Hundreds of jobs are at risk after the owner of a UK oil refinery, Prax Lindsey Oil Refinery Limited, went into administration.
- The energy minister, Michael Shanks, said workers had been 'badly let down' and the government was demanding 'an immediate investigation into the conduct of the directors and the circumstances surrounding this insolvency'.
- Unite general secretary Sharon Graham said the refinery is 'strategically important' and the government 'must intervene immediately to protect workers and fuel supplies'.
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28 Articles
Glencore Has Ownership Clause for Troubled UK Refinery Lindsey
(Bloomberg) — Commodity trading giant Glencore Plc has a clause in its supply agreement with Prax Lindsey Oil Refinery Ltd. enabling it to take control of its facility in northern England if the debt it’s owed isn’t repaid.
·Canada
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Evening Standard+2 Reposted by 2 other sources
Fears mount over UK fuel supplies after Lindsey oil refinery owner collapses
Unite has called on the Government for urgent intervention as it raised concerns that the failure of the firm could impact UK oil supplies.
·London, United Kingdom
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Coverage Details
Total News Sources28
Leaning Left4Leaning Right2Center5Last UpdatedBias Distribution45% Center
Bias Distribution
- 45% of the sources are Center
45% Center
L 36%
C 45%
R 18%
Factuality
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