It would have been hard to imagine at the height of the drama around the Ineos petrochemical plant in late 2013 that US shale gas imports would be arriving by boat three years later.
There’s a moratorium on fracking here in Scotland because of the huge public opposition to it.
A US fracking company which has a contract to supply Ineo’s petrochemical plant at Grangemouth with ethane has reportedly been fined in the past for polluting the environment.
A green group has reiterated calls for the Scottish Government to ban fracking outright as Ineos’s first shipment of ethane from the US nears the firm's plant at Grangemouth.
Petrochemical giant Ineos has lodged plans with a Scottish council to permanently close a section of road in Grangemouth.
The first shipments of shale gas imports from the US are expected to arrive in Scotland within weeks, according to reports.
Petrochemicals giant Ineos is said to be planning to lodge as many as 30 applications to drill test wells in the next six months, according to reports.
Ineos said yesterday it was investing millions of pounds to expand production at a factory that will use ethylene produced from US shale gas into Scotland as its main raw material.
Senior executives at Ineos have claimed Scotland's economic fortunes could be transformed by fracking with new estimates suggesting it could be capable of producing more has than has been found in the North Sea.
Ineos has accused Falkirk Council of defying ‘common sense’ after the local government reopened a main road, which runs through the middle of the firm’s Grangemouth petrochemical site.
The operator of the Grangemouth petrochemical plant confirmed a second manufacturing unit will be reopened as the site prepares to receive shale gas ethane from the US.
Amec Foster Wheeler has been awarded a one-year £125 million engineering, procurement and construction (EPC) contract by BP to build a new refrigeration plant at Grangemouth for the Forties pipeline system.
A £100 million deal between an engineering and services firm and BP at two of its Scottish oil and gas terminals will secure 240 jobs.
A decision by Drax to pull out of a £1billion carbon capture and storage (CCS) competition means a rival project at Grangemouth should get a shot at the funding, an industry specialist has claimed.
The operators of the Grangemouth oil refinery have been fined £24,000 for safety failings related to an incident in which a worker was injured at the plant. The decision came after a Petroineos employee was sprayed in the face by low pressure steam. The worker had been in regulation personal protective equipment including a hard hat and safety glasses at the time of the incident.
Grangemouth plant operator Ineos yesterday moved a step closer to completing the construction of Europe’s largest ethane storage tank. In a staggering feat of engineering, low pressure fans were used to lift the tank’s 300ton roof into place on “nothing more than a cushion of air”. Ineos said the 150ft high tank is being built as part of a £450million rescue plan for Grangemouth, which closed briefly in 2013.
UK shale gas explorer IGas Energy said today it has signed a farm-out and purchase agreement with Grangemouth refinery operator INEOS. On completion of the deal, INEOS will acquire an interest in licences in north-west England and the East Midlands, as well as an operated stake in acreage held under a licence in Scotland.
Scotland’s largest petrochemical plant at Grangemouth is unlikely to have a long-term future unless an indigenous shale gas industry can be developed, according to the firm that owns it. Chemicals giant Ineos proposes using shale gas as a raw material for its chemicals plants, and has revealed plans to put millions into exploration. But developing the industry could be stalled or even prevented after the Scottish Government announced a moratorium on granting planning consents for hydraulic fracturing, or “fracking” - the means of extracting the gas.
The Scottish Government said a "cautious approach" should be taken to the announcement by Ineos that it plans to invest £640million in shale and gas exploration in the UK. The move by chemicals giant Ineos could make it the biggest player in the industry in the country. The company already has two licences near its plant at Grangemouth in Scotland but is applying for more in Scotland and the north of England. It plans to use the gas as a raw material for its chemicals plants, including Grangemouth in Stirlingshire.
Chemicals giant Ineos has announced plans to invest £640 million in shale gas exploration and appraisal in a move which could make it the biggest player in the industry in the UK. The company already has two licences near its plant at Grangemouth in Scotland but is applying for more in Scotland and the north of England. Chairman Jim Ratcliffe said he wanted Ineos to become the biggest company in the British shale gas industry.