Linklaters and Ashurst both declined to comment. 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. Although situated in North West England, the refinery serves much of England as it is linked to the UK oil pipeline network. All material subject to strictly enforced copyright laws. 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. The STS Transfers will enable larger ships . 150. The Department for Business, Energy and Industrial Strategy said on Friday: "We do not comment on individual companies. Essar, which is ultimately owned by the Indian billionaire Ruia brothers, has previously distanced itself from its parent companys lending arrangement with the Russian bank VTB. Stewart Prentice, Head of Projects, at Essar said: We would like to thank National Highways for their support in this mammoth task, especially in facilitating closure of the M53 as our new furnace travels on its final leg to Stanlow. "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.". Friday 17 September 2021 15:37, UK. 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. Year end run rate (US$ million) 250. 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All rights reserved. LNG Processing. The group reported progress in refinancing its debts, replacing a loan from Lloyds Bank with $325m of new lending. 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. 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. The Mexico City Explosion of 1984 Missouri S amp T. ?Stanlow United. [2] Until 2011 it was owned by Shell UK. Stanlow oil refinery faces possible industrial action PDF Lpg Spheres In Refinery - openflux.juliendorcel.com However, this station is now only served by three trains daily towards each of Ellesmere Port (westbound) and Helsby (eastbound), with these services scheduled to depart at times which would be inconvenient for the workers. How to sign up for a MyWirral Email Update. [8] Stanlow & Thornton railway station was opened in 1940 to give workers access to the site and the facility an extra mode of transport. "The government continually monitors fuel supply across the country to ensure the public do not see any disruption. Or by navigating to the user icon in the top right. 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. Essar Oil has also reduced the amount it owed to HMRC, after it took part in a scheme that allow companies hit by Covid-19 to defer VAT repayments. 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. Whyare oil prices rising and what does it mean for inflation? Private equity firm Bartons Family Capital is weighing a takeover of the U.K. Stanlow oil refinery, The Times reported on Sunday. "The new furnace is one of the largest objects ever to be moved on UK roads and key to Essars strategy of transitioning to being a low carbon energy provider at the forefront of decarbonisation in the North West.. 9th April 2021. 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 spokesperson for Essar said 2019 had been a "challenging year" from an environmental perspective and changes had already been made since the report. About 180 jobs are at risk after energy giant Shell announced the closure of two fire-damaged chemical units within an oil refinery in Cheshire. "We thoroughly review any unplanned events and incorporate the learnings in our processes and procedures. Belo Horizonte, city, southern Minas Gerais estado (state), southeastern Brazil. A spokesperson for the Environment Agency said: "We expect all businesses to operate to the highest environmental standards. Stanlow and Thornton railway station - Wikipedia EOUK had agreed to an accelerated schedule to make this payment. Read about our approach to external linking. But an auditors report warned of uncertainty over the companys discussions about new loans to help it weather the impact of Covid-19, which significantly reduced demand for fuel before a recent revival in conditions. 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. The refinery is located on the south bank of the River Mersey, flanked on its west by the M53 and M56 to the south. All rights reserved. The plant would have the same carbon-reducing effect as taking 400,000 cars off the road, Essar said. 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. The terminal was supplied with light oils via a 41.6km pipeline from Stanlow refinery; heavy oils were delivered by two trains per day from Stanlow, and three daily trains from Heysham refinery. 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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. 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. REFINERY NEWS ROUNDUP: Market focus on closures in Europe Why you can trust Sky News. UK chief executive Deepak Maheshwari said the plant would be "the single biggest initiative to decarbonise our processes". A multimillion-pound carbon capture plant is to be built at an oil refinery in Cheshire. Essar Energy locked in negotiations with HMRC over VAT payment delayed because of pandemic. Essar says it is in positive discussions with HMRC for a short extension to its time-to-pay (TTP) arrangement agreed earlier this year, having repaid 547m of the 770m originally deferred. Oilprice surges after surprise Opec+ production cut, Opec+ announces surprise cuts in oil production, Climate protesters spared from jail over track invasion at British Grand Prix, Thebillionaire amateur racing driver who runs the Poole oil leak pipeline, North Sea oil and gas workers vote to strike amid bumper profits, Saudi Aramcos $161bn profit is largest recorded by an oil and gas firm. In 1969 Shell-Mex & BP opened a 3 million joint venture bulk liquid distribution centre at Haydock, Lancashire. 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. Today we released full details of the overnight motorway closure including diversion information. By way of comparison, sales in February 2020 were 661kT. 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. In 2010, Royal Dutch Shell declared their desire to sell off some refineries in Europe to concentrate on emerging markets in Asia and the Middle East, which led to the possibility that Stanlow would be shut down indefinitely. And the last leg of its 6,000 mile - and mostly watery journey will be along the strictly terra firma of the M53 motorway and A5117 local road. 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. Or by navigating to the user icon in the top right. M53 closure to help construct hydrogen-powered refinery Hydrogen is a low or zero-emission substitute for fossil fuels. 2) SUBSCRIBE to Global Energy Infrastructureand gain ACCESS to premium data for the energy industry.*. Further, the company has now returned to Ebitda positive [earnings before interest, taxes, depreciation, and amortisation] and is therefore in a much stronger position to weather the continued challenge presented by the pandemic, it said. To help with the delivery, we are closing the M53 for a night next week. Crude oil is now received lower down river on the Mersey at the Tranmere Oil Terminal, operated by the Mersey Docks and Harbour Company from its Liverpool headquarters, and is transferred via a fifteen-mile (24km) pipeline to storage at Stanlow. Britain's biggest union is locking horns with Cheshire's giant oil refinery over possible industrial action. We also may change the frequency you receive our emails from us in order to keep you up to date and give you the best relevant information possible. Earlier this year, dockers refused to unload Russian oil shipments destined for the refinery. A 45m furnace that runs completely on hydrogen - the first of its kind in the UK - will replace three existing furnaces at Stanlow. Taxman throws 400m lifeline to troubled Stanlow refinery - The Telegraph Published. [3], Stanlow has a refining capacity of 12 million tonnes per year with a barrel per day capacity of 296,000. Buffett Will Beat theMarket asRecession Looms, Investors Say, Rivians Troubles Dont End at a 93% Wipeout, First Republics Jumbo Mortgages Brought On Banks Failure, Asia Stocks Set for Mixed Start as Treasuries Drop: Markets Wrap. [12] Oil products were loaded into a fleet of 100 road tankers for distribution. 1) Go to our dedicated newsletter page at this link. We're paving the way for cutting carbon emissions at one of the country's biggest oil refineries. 1) Sign up to receive our monthly newsletter here and gain access to all articles and resources. [6] Stanlow is also a large producer for commodities such as jet fuel and diesel.[7]. 200. 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. More information on the project is available at Essar Oil UKs website. Closure of lubricants. Stanlow refinery at a crossroads | Global Energy Infrastructure 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. 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. M53 closure to help construct hydrogen-powered refinery, More information on the project is available at Essar Oil UKs website. It that happened, the refinery would be likely to be taken on by the official receiver, to keep the refinery running. In a statement issued to Sky News, Essar Oil UK said it did not comment on "the role of advisers that we work with from time to time". The owner of the Stanlow oil refinery is facing a fresh financial crunch ahead of a . Stanlow oil refinery to build 360m carbon capture plant Essar Oil UK expects positive cash flow in April 2021. Dockworkers have called this a loophole in sanctions.[23][24][25]. M53 closure to help construct hydrogen-powered refinery. Thats almost five times higher than a double decker bus and six times wider than one of our famous orange salt spreaders. Explore in 3D: The dazzling crown that makes a king. "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.". Output is delivered via various means, including by pipeline via the UK oil pipeline network, road and the Manchester Ship Canal. * The plant was closed early in the second quarter 2011. . (modern). 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. Most populous nation: Should India rejoice or panic? 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. [ID . It has also announced plans to close the 110,000 b/d Harburg refinery inGermany after failing to find a buyer for the plant. Read about our approach to external linking. Caption: The module has already been moved across the River Mersey and up the Manchester Ship Canal to a landing site next to the M53 in readiness for next week's three-mile move by road to Stanlow. This page is not available in other languages. Does the UK really need to drill for more North Sea oil and gas? [22], During the 2022 Russian invasion of Ukraine, dockworkers of the Unite union began to refuse to unload Russian oil from any ship. Refining capacity: 12 million tonnes per year. delivered c.US$225 million uplift to EBITDA. 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. 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. As always you can unsubscribe at any time. Scientists hope to demonstrate that it can be used instead of natural gas in a range of industrial settings, helping companies' transition to a low-carbon future. [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. The first of Brazil's planned cities, Belo Horizonte occupies a wide plateau encircled by the Curral del Rey Mountains, a hilly ridge forming the "beautiful horizon" for which the city was named. Over 400 workers had overwhelmingly voted in favour of strike action in September, returning a 98.5 per cent yes vote. Essar Energy, which owns the Stanlow. M53 to shut for huge abnormal load heading to Stanlow refinery 2) Put your email in the box where indicated. The BBC is not responsible for the content of external sites. Is climate change killing Australian wine? 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. The UK's second biggest oil refinery is locked in talks with tax officials over a deferred tax bill amid reports that it could be on the brink of collapse. There is also a pipeline for jet fuel to Manchester Airport. Stanlow oil refinery fire damage puts 180 jobs at risk - BBC News [16] Essar plan a 250 million expansion of Stanlow, with production of diesel and aviation fuel to be increased. Crude oil was pumped ashore from tankers moored at deep-water pontoons to a holding station at Rhosgoch, from there it was pumped through two 36-inch diameter pipelines, 127km to Stanlow. Signing up is free and it only takes a minute for you to get the biggest stories, sent straight to your inbox. The BBC is not responsible for the content of external sites. CORRECTED - FACTBOX-European oil refineries for sale or closure 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. Stanlow later said it was seeking alternative supplies. Fears for future of Stanlow oil refinery amid urgent financing talks Hindustan refinery to restart in 2 months Oil amp Gas Journal. LOG IN to view this article.Not Yet A Subscriber? More than ten years of experience in the fuel market, with extensive knowledge in the logistical flows of liquid fuel distribution in Brazil, interface and communication with players in the fuel sector (refiners, trading . Stanlow Refinery - News, views, gossip, pictures, video - Cheshire Live 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.. The pipeline had closed by 1990.[9][10]. REFINERY NEWS ROUNDUP: Market focus on closures in Europe 04 Aug 2022. Energy giant Essar said they have already made a series of changes at the Ellesmere Port site, Get our MyWirral newsletter, for the best news, pictures, opinions and video from across the peninsula. 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. Stanlow has been beset by problems in recent times, with an unplanned shutdown in 2019 triggering a significant oil spill. Vicente's mommy. 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. News | Essar Oil Uk A multimillion-pound carbon capture plant is to be built at an oil refinery in Cheshire. Stanlow Refinery owner faces new financial crunch as HMRC deadline The government has a net zero target by 2050. The largest single module for the new furnace is 26.5 metres long, 18.5 metres tall, and 14.2 metres wide. The Stanlow refinery is located on a 770ha-site on the southern of the Mersey Estuary, near Ellesmere Port, Cheshire, UK. This means that we may include adverts from us and third parties based on our knowledge of you. 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 Terminals | LinkedIn In your inbox before the open, every day. The firm is believed to have put out inquiries with government to .
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