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The Independent UK
The Independent UK
Business
Holly Williams

Urgent concerns over UK fuel supplies as oil refinery owner collapses

Oil Lindsey United Kingdom Unite Prax Group
State Oil – the parent company of Prax Group, which owns the Lindsey refinery in North Lincolnshire – appointed administrators on Monday - (Reuters)

The parent company behind one of Britain’s largest oil refineries has collapsed into administration, sparking immediate concerns over the nation's fuel supplies and the livelihoods of hundreds of workers.

State Oil, which owns the Lindsey refinery in North Lincolnshire through its Prax Group subsidiary, appointed administrators on Monday.

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