Sunday September 26 2021, 12.01am, The Sunday Times. A spokesperson for the Environment Agency said: "We expect all businesses to operate to the highest environmental standards. The refinery has been fully offline since late January. 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. In your inbox before the open, every day. [22], During the 2022 Russian invasion of Ukraine, dockworkers of the Unite union began to refuse to unload Russian oil from any ship. Bloomberg Daybreak Asia. Stanlow Refinery - Significant Potential Completed first year ownership US$350 million acquisition cost . 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. [8] Stanlow & Thornton railway station was opened in 1940 to give workers access to the site and the facility an extra mode of transport. Frustrations over the running of the company had led to the departures of two chief executives within a 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. 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. 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. 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. delivered c.US$225 million uplift to EBITDA. The manufacturing complex employs 800 people. 2023 BBC. Refining capacity: 12 million tonnes per year. Hindustan refinery to restart in 2 months Oil amp Gas Journal. 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 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". It added the firm, which employs more than 900 people at the Stanlow site, with a further 800 on-site contractors and 5,000 more through the extended value chain, was seeking an extension to the 'Time to Pay' agreement with HMRC. 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. Barrel per day output: 272,000bbl/d (43,200m, This page was last edited on 9 June 2022, at 23:45. Essar Oil UK, which is being advised by EY, also insists it has made considerable progress to strengthen its financial position and agree new financing. 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. Vicente's mommy. On Saturday 13 August it will be moved away from the canal a few hundred yards onto the neighbouring M53 via the southbound entry slip road at junction 8. Essar said: "As we have previously stated, 2019 was a challenging year from an environmental perspective. 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. Essar Energy, which owns the Stanlow. 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. Essar Oil said it wants to be at the forefront of the UK's shift to low carbon energy, Essar Oil said they would complete their "energy transition strategy" by 2030, On board the worlds last surviving turntable ferry. 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. Britain's biggest union is locking horns with Cheshire's giant oil refinery over possible industrial action. 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. Essar Oil UK will build the 360m site at Stanlow refinery in Ellesmere Port to help reduce carbon . 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. 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. "The government continually monitors fuel supply across the country to ensure the public do not see any disruption. This, the auditor said, may cast significant doubt on the companys ability to continue as a going concern. 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. The BBC is not responsible for the content of external sites. The owner of the giant Stanlow oil refinery has been thrown a 400m lifeline by the taxman amid fears it could collapse, risking operations at the plant and creating fuel shortages. Although situated in North West England, the refinery serves much of England as it is linked to the UK oil pipeline network. Of the national capacity of 60m tonnes of refined fuels per year, Stanlow can produce more than 16% and Lindsey about 9%. The refinery is located on the south bank of the River Mersey, flanked on its west by the M53 and M56 to the south. 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. As part of the work to accommodate the abnormal load, we will need to remove and restore a number of lighting columns and matrix signs from the central reservation, boundary fencing and safety barrier from the verge, some safety barrier from the central reservation and a number of signs. 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. 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. In the UK fuel crisis of 2000, protests over government taxation on fuel began at Stanlow. "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.. Oil is delivered to the Tranmere Oil Terminal via ship, then pumped to Stanlow for refining and stored for delivery. Explore in 3D: The dazzling crown that makes a king. 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. The Mexico City Explosion of 1984 Missouri S amp T. ?Stanlow United. 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. In 1969 Shell-Mex & BP opened a 3 million joint venture bulk liquid distribution centre at Haydock, Lancashire. "This will provide us with low carbon hydrogen to decarbonise our energy demand, while in addition creating a hydrogen economy across North West England and North East Wales. The owner of the Stanlow oil refinery is facing a fresh financial crunch ahead of a . Stanlow has been beset by problems in recent times, with an unplanned shutdown in 2019 triggering a significant oil spill. All rights reserved. The plant would have the same carbon-reducing effect as taking 400,000 cars off the road, Essar said. It that happened, the refinery would be likely to be taken on by the official receiver, to keep the refinery running. 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. This documentary-style series follows investigative journalists as they uncover the truth. Essar Oil UK (EOUK) used the governments pandemic VAT deferral scheme last year, which allowed businesses to delay tax repayments. EOUK had agreed to an accelerated schedule to make this payment. 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 BBC is not responsible for the content of external sites. Something went wrong, please try again later. [18] In September 2021 it was reported that the facility is at the "brink of collapse". "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.". 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. [ID . Global oil demand on course for record as Chinas economy rebounds, Exxon CEOs pay rose 52% to nearly 30m amid Ukraine war, figures show. Stanlow Terminals Ltd has launched a new ship-to-ship (STS) fuel transfer service on the River Mersey in a joint partnership with Peel Ports Group (PPG). 04 Aug 2022. 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. 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. Hydrogen is a low or zero-emission substitute for fossil fuels. All rights reserved. Since 3 February 2022 the station has been temporarily closed due to safety concerns of the footbridge which is the only entrypoint to the station. Most populous nation: Should India rejoice or panic? Overnight on Wall Street is daytime in Asia. More information on the project is available at Essar Oil UKs website. "We are in an advanced stage of discussions with a replacement lender, with both Stanlow operations and supply of products to our customers continuing as usual. Concerns despite Essar reporting progress in refinancing debt, which deepened to $321m in 2021. Is climate change killing Australian wine? 150. Editorial Board. Stanlow plays a key part in the national economy, producing over 16% of the UK's road transport fuels. The two chemical plants at the site are owed by Shell but are run under a management agreement by Essar Oil UK. The STS Transfers will enable larger ships . 1) Sign up to receive our monthly newsletter here and gain access to all articles and resources. 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. As always you can unsubscribe at any time. Stanlow directly employs more than 900 people. By way of comparison, sales in February 2020 were 661kT. The Stanlow refinery is located on a 770ha-site on the southern of the Mersey Estuary, near Ellesmere Port, Cheshire, UK. 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. 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. 5) There are plenty of other newsletters to choose from too. M53 closure to help construct hydrogen-powered refinery, More information on the project is available at Essar Oil UKs website. City editor 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 refinery occupies nearly 1,900 acres (7.7km2) near the River Mersey and dates back to 1924, when a small bitumen plant was established. "Royal Dutch Shell to sell Stanlow refinery for $1.3bn", "Essar Group | Businesses | Essar Energy | Profile", "Essar Energy acquires Shell's Stanlow refinery for $350 mn", "Europe's biggest oil depot opened at Haydock", "Future of oil refinery in doubt as Shell considers sale of Stanlow", "Shell to axe another 1,000 jobs and sell last UK refinery", "New Stanlow refinery boss promises expansion", "Oil refineries likely to close across UK and Europe, Essar Energy boss warns", "Essar Energy says Stanlow oil refinery integration in line with expectations", "Stanlow refinery owner 'nearing collapse', "Stanlow oil refinery 'on brink of collapse' as crisis talks continue", "Fuel protesters' Ellesmere Port oil blockade bid", "Dockers at Merseyside refinery refuse to unload Russian oil", "Tanker of Russian gas docks in France after being turned away from UK", "Ukraine: Workers refuse to unload Russian oil from ship", "Shell receives offer for Stanlow refinery in the UK", https://en.wikipedia.org/w/index.php?title=Stanlow_Oil_Refinery&oldid=1092380249, Storage capacity: 2 million tonnes of crude oil and products. HOUSTON, Aug 24 (Reuters) - The fourth-largest U.S. refiner Phillips 66 (PSX.N) on Tuesday said it has put the smaller of its two Louisiana refineries up for sale amid continued losses and an . The jobs were placed at risk following a fire at the plant in August. Does the UK really need to drill for more North Sea oil and gas? [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 new furnace is part of Government-backed plans to include hydrogen in the race to reduce the countrys carbon emissions to net zero by 2050. Yes vote. [2] Until 2011 it was owned by Shell UK. 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 changes put in place at Stanlow since have already delivered an improved environmental performance in 2020 and we remain determined to build on that progress going forward.". Whether it's celebrating people, sharing issues or discussing latest news, our newsletter covers all things Wirral. as panic buying hits forecourts across the country. A 45m furnace that runs completely on hydrogen - the first of its kind in the UK - will replace three existing furnaces at Stanlow. This includes: 4.4 billion litres of diesel every year - enough to drive a car doing 40 mpg 4,000 times around the equator every day 3 billion litres of petrol a year - enough to drive a car 20 million times around the world Essar has said that Litasco has no ability to influence operations at the terminal. Why you can trust Sky News. Caption: The huge 'module' - part of a hydrogen-powered furnace - will be gliding down the M53 next week en route to Stanlow. Earlier this year, dockers refused to unload Russian oil shipments destined for the refinery. [1] Essar has stated their desire to expand the site with a 25% increase in output. * India's Essar Energy ESSR.L agreed to buy Royal Dutch Shell's RDSa.L Stanlow refinery in northwest England for $350 million. (modern). The firm will also seek to establish the UK's largest biofuels storage facility at the site, it said. Petroineos Grangemouth closure plans the latest round of refinery rationalisations . A spokesperson for Essar said 2019 had been a "challenging year" from an environmental perspective and changes had already been made since the report. 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. 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 . The southbound carriageway will be shut between junction 5 at Hooton and junction 10 for Cheshire Oaks from 7pm on Saturday, August 13 until 10am the following day in order to accommodate the abnormal load. LNG Processing. New markets Most populous nation: Should India rejoice or panic? A statement said Essar's "energy transition strategy" was based on the development of more environmentally friendly fuels. 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. Or by navigating to the user icon in the top right. 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. Sign up here. The firm is believed to have put out inquiries with government to . Signing up is free and it only takes a minute for you to get the biggest stories, sent straight to your inbox. 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. 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. On board the worlds last surviving turntable ferry. Previously the refineries were owned by the oil firms Shell and Total,. LOG IN to view this article.Not Yet A Subscriber? Is climate change killing Australian wine? 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. Video Loading The pipeline had closed by 1990.[9][10]. Documents filed at Companies House show that losses at Essar Oil (UK) deepened from $221m (168m) to $321m in 2021, a year in which government officials became concerned about the financial position of the company, which supplies 16% of UK road fuel from its refinery in Ellesmere Port, Cheshire. [17] In April 2021 the company was reported to be heavily in debt after fossil fuel demand dropped during the COVID-19 pandemic. Linklaters and Ashurst have quit as advisers to Essar Oil UK amid doubts about its future, Sky News learns. Markets never sleep, and neither does Bloomberg. 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. Stanlow later said it was seeking alternative supplies. Despite sanctions on Russian shipping, Russian oil continued to arrive at port on ships owned and flagged in other countries. 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. Project Gallery Feedstock supply The refinery receives the crude supply through a 24km-long pipeline from the Tranmere oil terminal situated near Mersey Estuary. [14], After a prolonged period of negotiation, Stanlow was sold by Shell to Essar Energy for approximately $1.3 billion (814 million) in 2011. 2022 Global Energy Infrastructure 2022 Gulf Publishing Holdings LLC. Stanlow Refinery is an oil refinery owned by Essar Energy in Ellesmere Port, North West England. The National Grid was approached for comment. 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. "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.". 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. Last modified on Wed 30 Mar 2022 17.16 EDT. Essar Oil UK will build the 360m site at Stanlow refinery in Ellesmere Port to help reduce carbon emissions. [20][21] A large fuel price protest was staged in May 2011 with the objective of "shutting down" the refinery. At one stage in March 2021, Essar owed 771m to HMRC but it said this had since been reduced 109m and was due to be settled completely this month. is achievable. The Stanlow refinery supplies about a sixth of the UKs road fuel. LNG Processing. It handled 5,000 tonnes of oil products daily, comprising 22 million gallons (100,000 m3) of white oil and 42 million gallons (191,000 m3) of black oil a year. Private equity firm Bartons Family Capital is weighing a takeover of the U.K. Stanlow oil refinery, The Times reported on Sunday. "In terms of governance, we always seek to adopt best practices and, working with our advisers, we made some changes to the board in recent weeks. 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.
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