Patterson-UTI to buy Pioneer Energy Services for $295m. How to sign up for a MyWirral Email Update. In your inbox before the open, every day. The positions at Stanlow in Ellesmere Port are in question following a blaze at the site in August, which damaged the units. The module will be mounted on two wheeled platforms - one on each carriageway - and will look a bit like the bridge of a container ship gliding down the motorway. Although situated in North West England, the refinery serves much of England as it is linked to the UK oil pipeline network. Essar Oil UK said Stanlow was operating as normal during the current fuel crisis, and supplying fuel to north-west petrol stations as normal, as panic buying hits forecourts across the country. Essar Oil UK will build the 360m site at Stanlow refinery in Ellesmere Port to help reduce carbon emissions. Live from New York and Hong Kong, bringing you the essential stories from the close of the U.S. markets to the open of trading across Asia. Video, On board the worlds last surviving turntable ferry, Shooting suspect was deported four times - US media, Yellen warns US could run out of cash in a month, King Charles to wear golden robes for Coronation, More than 100 police hurt in French May Day protests, Disney faces countersuit in feud with Florida, NFL player's daughter, aged two, drowns in pool, Explosion derails train in Russian border region, MasterChef Australia host Jock Zonfrillo dies. A Shell spokeswoman said it was "unfortunate" that it did not make economic sense to continue. The MyWirral newsletter will bring you news from across the borough in a way youve never had before. Output is delivered via various means, including by pipeline via the UK oil pipeline network, road and the Manchester Ship Canal. Cheshire West and Chester Council said it was "saddened and disappointed by the news" and would do everything it could to help anyone who may need to look for new employment. The group reported progress in refinancing its debts, replacing a loan from Lloyds Bank with $325m of new lending. An unplanned shutdown at Stanlow refinery in Ellesmere Port caused an oil spill which contributed to the Environment Agency giving the site their lowest compliance rating. did a similar move in 2016 and a year earlier the same occurred at Essar Stanlow." "The driver is to supply only the nearest (highest margin) markets and reduce the amount of product from the refinery that moves in to lower margin markets and decrease . Or by navigating to the user icon in the top right. Essar Oil UK will build the 360m site at Stanlow refinery in Ellesmere Port to help reduce carbon . "This included the impacts caused by the sudden failure of power to Stanlow from the national grid, which in turn led to the complete loss of the internal electrical supply at Stanlow. The company said it would also invest in a range of efficiencies to "decarbonise its production process". ** The Livorno refinery in northwest Italy will stop refining crude and suspend all related activities by the end of 2022, according to an announcement made to trade union representatives by its owner, Italian oil giant Eni, sources close to the plant told S&P Global Platts. It still owes 223m, and was reportedly due to start repayments this week. The company, responsible for operating the country's motorways and major A roads, is closing the M53 for a night later this month to ensure the main module of the UK's first hydrogen-ready furnace, can be delivered to Essar Oil UK's Stanlow refinery near Ellesmere Port in Cheshire. Read about our approach to external linking. Last modified on Wed 30 Mar 2022 17.16 EDT. The blackout and issues with the startup impacted the effluent [waste] treatment system resulting in oil (hydrocarbon) spilling out into Thornton Brook, and a clean-up is still ongoing. [4] Consequently, it is the second largest in the United Kingdom after Fawley Refinery,[5] and produces a sixth of the UK's petrol needs. [20][21] A large fuel price protest was staged in May 2011 with the objective of "shutting down" the refinery. More information on the project is available at Essar Oil UKs website. The refinery occupies nearly 1,900 acres (7.7km2) near the River Mersey and dates back to 1924, when a small bitumen plant was established. [17] In April 2021 the company was reported to be heavily in debt after fossil fuel demand dropped during the COVID-19 pandemic. Essar said it was already making rapid progress against its broader decarbonisation targets with plans in place for the supply of hydrogen. The refinery is situated on the south bank of the Manchester Ship Canal, which is used to transport seaborne oil for refining and chemicals for Essar and Shell. Today we released full details of the overnight motorway closure including diversion information. "We continue to work with our legal advisers to adopt best practices in this regard for a private company, including a firm intention to appoint two independent directors in due course.". 5) There are plenty of other newsletters to choose from too. But the Sunday Times reported that the government was on alert in case Stanlow collapsed, and that it could go into insolvency if it could not raise more funds. 100. Essar Energy locked in negotiations with HMRC over VAT payment delayed because of pandemic. Other issues that contributed to the poor rating included an accidental loss of containment of a process liquid due to a failure in operating techniques and a crash on-site with a waste line that reduced the effectiveness of their liquid waste treatment capability, fortunately, no one was injured. Most populous nation: Should India rejoice or panic? Stanlow later said it was seeking alternative supplies. CR4 Thread Spherical Tanks and Liquefied Petroleum Gas. In the 1974 an oil pipeline was commissioned from Amlwch, Anglesey to Stanlow. In 1980, electronic band Orchestral Manoeuvres in the Dark (OMD) from nearby Wirral featured a song about the refinery called "Stanlow" on their second album, Organisation. The disclosure of the law firms' decision to step down comes just days after it emerged that the company was in urgent talks about its future. Thieves sniffed out by police dog after Cheshire oil refinery break-in, Two men from Liverpool fled the scene and hid in undergrowth but were eventually tracked down by police dog Toro, Dramatic video shows huge flames at Stanlow 'lighting up' night sky, People said they saw the sky turn orange as a result of the flaring from the refinery, New 360m plant will secure Ellesmere Port refinery's future and safeguard jobs, Essar says building the carbon capture plant is part of its plans to become a 'leading low carbon refinery' by 2030, Tranmere Rovers chairman takes up role at Ellesmere Port refinery, Mark Palios, former chief executive of the FA, has been appointed to the board of Essar Oil, How giant furnace crawled along M53 before arriving at Stanlow refinery, Essar release images of the overnight delivery of the first-ever hydrogen-powered furnace - the first of its kind in the UK, Waste firm staff at Cheshire's Stanlow Refinery could be set to strike, Unite is currently balloting members employed by Veolia and based at the refinery over possible industrial action, Just Stop Oil protesters could target Cheshire Stanlow refinery, M53 and M56, warns Essar, The company said they will be they will implementing 'additional checks', Strike action threat over as Essar's Stanlow refinery workers accept new pay deal, More than 400 employees had voted overwhelmingly in favour of industrial action back in September, Stanlow Refinery owner unveils plans for hydrogen plants that could attract 750m investment, Essar announced it has submitted plans for the two plants as part of the transition to 'low carbon operations', Essar Oil staff at Stanlow Refinery set for strike action, Further talks are scheduled in the industrial dispute with Essar over pay, pensions and unpaid bonuses, Stanlow Refinery owner Essar reaches agreement with HMRC to help 'stabilise finances', The deal comes after reports that the owner of the Ellesmere Port site was on the brink of collapse, Stanlow refinery firm Essar responds to speculation over collapse, The firm has now responded to 'press speculation' that claimed it's on the brink of collapse, Notorious Stanlow fuel blockade in pictures nearly 21 years after it took Britain to brink of chaos, More than 100 farmers and hauliers stopped nearly two million litres of Shell petrol from leaving the Stanlow Refinery, Stanlow Refinery owner responds to reports of financial struggle, Essar, which owns the site in Ellesmere Port, released a statement after reported fears about the company's future, Thick black smoke clouds billow from Stanlow oil refinery, People have reported seeing black smoke pouring from the area, Fascinating story of secret island near Ellesmere Port you may never have heard of, The island was inhabited by a small community up until the 1980s, Petrol station fuel disruption likely as Cheshire tanker drivers set to strike, Workers at Hoyer Petrolog voted in favour of action throughout November, Pictures show clouds of thick smoke following 'issue' at Stanlow Refinery, The thick clouds of smoke were seen as far as North Wales, Recap: Essar respond over 'issue' at Stanlow Refinery following huge clouds of smoke, Huge plumes of smoke can be seen across Cheshire, Stanlow near Ellesmere Port makes first step towards becoming carbon neutral site, Government funding helping companies like Essar move to a low carbon future, New Essar Oil UK CEO to be based at Stanlow in Ellesmere Port, Mark Wilson has been announced as the new chief executive officer. "We continue to regulate the site to make sure Essar have the right protection measures in place to minimise the risk of damage to the environment.". Sign up to the daily Business Today email or follow Guardian Business on Twitter at @BusinessDesk, Original reporting and incisive analysis, direct from the Guardian every morning, 2023 Guardian News & Media Limited or its affiliated companies. Track your investments 24 hours a day, around the clock from around the world. Essar has been compiling with the agency and added that they were working towards a zero-carbon future: "We are also committed to playing our part in the decarbonisation of the UK, by reducing our carbon emissions by 50% by 2030 and achieving the Net Zero Emission Target by 2040. VideoOn board the worlds last surviving turntable ferry, I didnt think make-up was made for black girls, Why there is serious money in kitchen fumes. All rights reserved. The southbound carriageway will be closed between junction 5 at Hooton and junction 10 for Cheshire Oaks from 7pm on Saturday 13 August until 10am on Sunday 14 August. As the Guardian reported last year, Litasco has a claim on Stanlow that kicks in if Essar defaults on payments under an oil sale and purchase agreement. There is also a pipeline for jet fuel to Manchester Airport. The report said that while financing proposals were under discussion, to mitigate the risk of the company defaulting on payments, the talks had not concluded. Whether it's celebrating people, sharing issues or discussing latest news, our newsletter covers all things Wirral. The owner of the UK's Stanlow refinery, Essar Oil UK, has previously said that it has reached an agreement with tax authorities on value added tax payment arrears, it said Sept. 28. VideoOn board the worlds last surviving turntable ferry, I didnt think make-up was made for black girls, Why there is serious money in kitchen fumes. (modern). A good diversion using the A550 and A494 trunks will operate between between junction 5 and junction 11 at Stoak Interchange where the M53 meets the M56. Yes vote. [11] This was built on a 90-acre site and was designed to store up to 1 million tonnes of oil. We're paving the way for cutting carbon emissions at one of the countrys biggest oil refineries. Year end run rate (US$ million) 250. Stanlow has been beset by problems in recent times, with an unplanned shutdown in 2019 triggering a significant oil spill. Refinery Firefighting. [15] Following the bankruptcy of Petroplus which ran the Coryton Refinery in January 2012, Essar stated their belief that Stanlow, being a large refinery, would be able to compete with refineries in Asia and the Middle East. Straddling both the northbound and southbound carriageways the module will then be slowly and carefully moved at walking pace some three miles onto Essar Oil UKs Stanlow site, exiting the M53 at junction 10 and travelling along the A5117 local road. 2) Put your email in the box where indicated. The site, which is. However, the recovery from the pandemic has been slower than predicted, the company said, adding that it hopes for a resolution soon. [3] History [ edit] Stanlow & Thornton track layout in 1975 The station was opened on 23 December 1940 jointly by the Great Western Railway and the London, Midland and Scottish Railway. Dockworkers have called this a loophole in sanctions.[23][24][25]. Linklaters and Ashurst both declined to comment. The manufacturing complex employs 800 people. Sky News has learnt that Linklaters and Ashurst both recently quit as legal advisers to Essar Oil UK - a relatively unusual move triggered, according to insiders, by anxieties over the running of the business. A spokesperson for Essar said 2019 had been a "challenging year" from an environmental perspective and changes had already been made since the report. A 45m furnace that runs completely on hydrogen - the first of its kind in the UK - will replace three existing furnaces at Stanlow. Unite says it will begin the process to ballot more than 500 members at Essar Oil (UK) at Stanlow, Ellesmere Port on whether they wish to take steps up to and including strike action. We use your sign-up to provide content in the ways you've consented to and improve our understanding of you. Project Gallery Feedstock supply The refinery receives the crude supply through a 24km-long pipeline from the Tranmere oil terminal situated near Mersey Estuary. [3], Stanlow has a refining capacity of 12 million tonnes per year with a barrel per day capacity of 296,000. Why you can trust Sky News. Man run over and attacked by gang armed with weapons, Club of the Year celebrate St Helens CAMRA honour, Tranmere man, 32, arrested after 'serious assault' in Rock Ferry, Pictures show ongoing demolition of St Peter & Paul's Catholic church, Popular Liverpool holiday destinations issue ban ahead of summer, Widnes garage fire started by electrical hand tool, More than 20,000 Russians dead in Bakhmut, US says, Lil Nas X and Florence Pugh arrive at Met Gala, France May Day protests leave dozens of police injured, 'My wife and six children joined Kenya starvation cult', On board the worlds last surviving turntable ferry. Total halted the crude distillation unit at Grandpuits Nov. 16 but the other units at the refinery had previously remained in operation. "We are also working with Fulcrum BioEnergy to create a new facility which will convert several hundred thousand tonnes of non-recyclable household waste each year into sustainable aviation fuel (SAF) for use by airlines operating at UK airports.". The accounts were signed off before the invasion of Ukraine and do not make any reference to the possible impact of the war on the company or its ties to Russia. As a result of that work over the past few months, EOUK has $1.1bn [800m] in liquidity secured. The site occupies an important role in the UK's industrial manufacturing sector, directly employing more than 900 people, with an additional 800 on-site contractors and a further 5,000 people employed indirectly through the extended value chain, according to Essar Oil UK's website. The threat of industrial action at the Stanlow oil refinery in Cheshire has ended after members of Unite, the UK's leading union, accepted a new deal which covers the issues of pay, bonuses and pensions. The refinery is located on the south bank of the River Mersey, flanked on its west by the M53 and M56 to the south. Since early August, the company has increased its daily vehicle shifts from 52 to more than 70, and is aiming to increase deliveries to more than 80 by the end of October, it said. Stanlow directly employs more than 900 people. By way of comparison, sales in February 2020 were 661kT. Most populous nation: Should India rejoice or panic? Linklaters and Ashurst have quit as advisers to Essar Oil UK amid doubts about its future, Sky News learns. The STS Transfers will enable larger ships . This is what progress has been made since the plan was drawn up, Essar 'committed' to Stanlow Oil Refinery amid question mark over jobs' futures, The firm which runs the facility is looking at the outsourcing of some business functions, which could lead to redundancies, Swans potentially 'contaminated with oil' rescued near Stanlow Refinery in Ellesmere Port, The birds have been taken by the RSPCA to Stapeley Grange Wildlife Centre. Stanlow refinery firm Essar responds to speculation over collapse Ellesmere Port Bookmark Notorious Stanlow fuel blockade in pictures nearly 21 years after it took Britain to brink of chaos Ellesmere Port Bookmark Stanlow Refinery owner responds to reports of financial struggle Stanlow Refinery Bookmark LOG IN to view this article.Not Yet A Subscriber? The firm will also seek to establish the UK's largest biofuels storage facility at the site, it said. Projects; Analysis; News; Suppliers; White Papers The BBC is not responsible for the content of external sites. Explore in 3D: The dazzling crown that makes a king. The future around the long running Stanlow refinery in the Ellesmere Port in Northwest England has been thrust into uncertainty lately due to reports of financial instability from lower fuel demand. Closure of lubricants. A spokesperson for the Environment Agency said: "We expect all businesses to operate to the highest environmental standards. Auditors have warned about the financial health of the company behind the Stanlow oil refinery, despite its efforts to refinance loans and settle a debt to HM Revenue and Customs. National Highways will close over night an area of the M53 near Whitby tomorrow (Saturday 13 August) as the biggest single module for the UK's very first hydrogen-ready heater to Essar Oil UK's Stanlow refinery near Ellesmere Port in Cheshire is transferred. Stanlow was now seeing increased demand for road transport fuels, and the company remained committed to a sustainable future and aiding the UK's decarbonisation agenda, the source said. Britain's biggest union is locking horns with Cheshire's giant oil refinery over possible industrial action. Lloyds is said to have become frustrated by a failure to address repeatedly expressed concerns about the Stanlow refinery-owner's governance over a protracted period, as well as a series of delays to the filing of audited accounts. [16] Essar plan a 250 million expansion of Stanlow, with production of diesel and aviation fuel to be increased. Later this month we're closing the M53 for a night, ensuring the main module of the UKs first hydrogen-ready furnace can be delivered to Essar Oil UKs Stanlow refinery near Ellesmere Port in Cheshire. [12] Oil products were loaded into a fleet of 100 road tankers for distribution. LNG Processing. Something went wrong, please try again later. Essar Oil . COPYING AND DISTRIBUTING ARE PROHIBITED WITHOUT PERMISSION OF THE PUBLISHER, Refining, Petrochemicals and Gas Processing, Future Uncertain for Long Running Stanlow Refinery in the UK, Online Exclusive (Opinion): Security for U.S. and Europe begins with new energy policy, GEI Hydrogen Project Playbook 2021 In Numbers, SOCAR Makes FID Push for Petrochemical Plant in Turkey. This means that we may include adverts from us and third parties based on our knowledge of you. The fire which broke out at Stanlow last August. Two years on from Stanlow air pollution action plan - what has changed? Thats almost five times higher than a double decker bus and six times wider than one of our famous orange salt spreaders. 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Stanlow oil refinery fire damage puts 180 jobs at risk 14 December 2018 Phil Owen The jobs were placed at risk following a fire at the plant in August About 180 jobs are at risk after energy. The Stanlow oil refinery supplies about a sixth of Britains road fuel, and is owned by the billionaire brothers Shashi and Ravi Ruia, through their company Essar Oil UK. The government has a net zero target by 2050. Stanlow plays a key part in the national economy, producing over 16% of the UK's road transport fuels. Multiple reports have indicated that investment firm Apollo Global Management of New York has been in talks on some level for a potential 400 million refinancing agreement for the complex. 150. The adjacent oil refinery at Stanlow is owned by Essar and is not affected. Video Loading Essar Oil UK expects positive cash flow in April 2021. Sign up here. Later this month we're closing the M53 for a night, ensuring the main module of the UK's first hydrogen-ready furnace can be delivered to Essar Oil UK's Stanlow . This page is not available in other languages. Essar Energy, which owns the Stanlow oil refinery in Ellesmere Port, Cheshire, is negotiating with HM Revenue and Customs (HMRC) over a 223m VAT payment, delayed because of the pandemic. He added: "Not only is it the right environmental thing to do, it will future-proof the critical Stanlow Refinery for the long term, protecting jobs and industry, while also placing Stanlow at the very centre of the UK's energy transition.". This has been a huge logistical challenge for everyone involved but well be closing the motorway at a time when traffic is at its lightest and a very good diversion will be in place.. An insider said that a covenant waiver from Lloyds Banking Group, Essar Oil UK's main lender, had expired at the end of March, forcing the company to seek new sources of funding. EOUK had agreed to an accelerated schedule to make this payment. [13] However, Shell said that a number of refineries in their portfolio offered over-capacity and consequently Stanlow, their last British refinery, was put up for sale. Whyare oil prices rising and what does it mean for inflation? "The government has put in place a far-reaching package of support to help businesses across the economy during the pandemic, including the furlough scheme, loans and VAT deferrals. Here are Your Options. * The plant was closed early in the second quarter 2011. . Nevertheless, oil industry sources say they are legitimate concerns about the future of the company, which bought the Stanlow refinery at Ellesmere Port from Shell in 2011. Essar Oil UK Limited announced its plan to build a 360 MM major new carbon capture plant at its Stanlow refinery in line with its ambition to become a leading low carbon refinery by 2030. Refining capacity: 12 million tonnes per year. In 2015, Essar Oil (UK) Limited was fined 497,284 and ordered to pay costs of 40,000 in relation to two separate pollution incidents at Stanlow which occurred in 2012 after pleading guilty to three breaches of their environmental permit following a prosecution brought by the Environment Agency. Apollo has been reported to be in discussion with Nayara Energy owned Essar for several weeks now following news that Stanlow was in jeopardy of closure due to the demand destruction seen over the last year. Live market coverage co-anchored from Hong Kong and New York. Despite sanctions on Russian shipping, Russian oil continued to arrive at port on ships owned and flagged in other countries. CheshireLive reported in March this year that Stanlow was given an environmental compliance score of 208.3 for 2019 far above the threshold for an F-rating, of 150. For the best experience please use a JavaScript enabled browser. A multimillion-pound carbon capture plant is to be built at an oil refinery in Cheshire. production planned c.US$1 /bbd projects already. This documentary-style series follows investigative journalists as they uncover the truth. The companys accounts do refer to its contract with Litasco, a Switzerland-based commodity trading company ultimately owned by the Kremlin-linked oil firm Lukoil. Over 400 workers had overwhelmingly voted in favour of strike action in September, returning a 98.5 per cent yes vote. The Department for Business, Energy and Industrial Strategy said on Friday: "We do not comment on individual companies. Essar Oil UK will build the 360m site at Stanlow refinery in Ellesmere Port to help reduce carbon . The sale of Stanlow will leave the Anglo-Dutch company with no refiningassets at all in the UK, having closed the Shell Haven refinery near London in1999. The M53 in Ellesmere Port will be closed for one night next week to enable the delivery of a huge new furnace to Essar's Stanlow refinery. Caption: The huge 'module' - part of a hydrogen-powered furnace - will be gliding down the M53 next week en route to Stanlow. It lies on the western slope of the Espinhao Mountains, at an elevation of 2,720 feet (830 metres). It that happened, the refinery would be likely to be taken on by the official receiver, to keep the refinery running. European e-scooter giant Tier Mobility maps route to merger, First Republic: JP Morgan to take over assets after lender becomes fourth to fail in two months, Vue screens former Rank chief Birch for boardroom post.

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stanlow refinery closure

stanlow refinery closure