The bulk of new diesel supply stemming from a $1 billion expansion at the UK’s largest oil refinery operated by Exxon Mobil Corp. (NYSE:XOM) will be available in the first quarter of 2025.
Workers at the Grangemouth oil refinery have slated the Scottish and UK governments over failures to develop plans to help protect hundreds of jobs at the complex.
Former energy minister Michael Matheson held talks with Grangemouth operator Petroineos in 2022, in which he was told of the potential closure of the refinery in the face of market pressures.
Union leaders slammed plans to cease operations at Grangemouth’s crude refinery and called for nationalisation, while just transition campaigners called for a ‘credible plan’ to protect workers.
Arrests have been made after six protestors from campaign group This is Rigged fixed themselves to the sole access road for INEOS' Grangemouth refinery, demanding the Scottish government oppose new oil licences.
INEOS has awarded engineering group Atkins the contract to design its “world scale” low-carbon hydrogen plant at Grangemouth, as it moves to meet net zero targets.
Extinction Rebellion (XR) has announced plans to block major UK oil refineries in April as part of a further wave of action targeting the fossil fuel industry.
Ineos has invited engineering design contractors to tender for the design of a hydrogen production plant equipped with carbon capturing capabilities at its Grangemouth site.