The global refining industry is experiencing a downturn after a period of high profits, due to weaker demand, increased competition from new refineries, and economic slowdown.

Oil refiners across Asia, Europe, and the United States have seen their profitability drop to multi-year-lows. This is a ...

Bank of America analysts on Sept. 13 said they expected global refining margins to continue their slump, after sliding 25% ...

The Prime Minister has said his Government is not “sleepwalking” into potential “industrial devastation” over the closure of the Grangemouth refinery.

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...

Oil executives lambast Ed Miliband's latest social media post where he compares himself to the famous 'Dark Knight' comic ...

A GRANGEMOUTH site could be used to help facilitate the proposed Rosyth to Europe ferry, according to the man working behind the scenes to make ...

The transport and logistics industry has raised an impressive £100,681 at this year's Scottish Transaid Dinner, aided by a ...

Petroineos stated in the release that, while preparing the refinery site for the transition to an import terminal, it is ...

Petroineos said the closure of Grangemouth was due to it being unable to compete with more modern foreign sites.