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. Although situated in North West England, the refinery serves much of England as it is linked to the UK oil pipeline network. After arriving by ship from Thailand to the Port of Liverpool in June it was transferred to a barge for the short trip across the River Mersey, through the locks into the Manchester Ship Canal and onto a holding bay near National Waterways Museum at Ellesmere Port. Signing up is free and it only takes a minute for you to get the biggest stories, sent straight to your inbox. 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. In 1969 Shell-Mex & BP opened a 3 million joint venture bulk liquid distribution centre at Haydock, Lancashire. Earlier this year, dockers refused to unload Russian oil shipments destined for the refinery. Two years on from Stanlow air pollution action plan - what has changed? [14], After a prolonged period of negotiation, Stanlow was sold by Shell to Essar Energy for approximately $1.3 billion (814 million) in 2011. Oil is delivered to the Tranmere Oil Terminal via ship, then pumped to Stanlow for refining and stored for delivery. The largest single module for the new furnace is 26.5 metres long, 18.5 metres tall, and 14.2 metres wide. 2) SUBSCRIBE to Global Energy Infrastructureand gain ACCESS to premium data for the energy industry.*. Britain's biggest union is locking horns with Cheshire's giant oil refinery over possible industrial action. M53 closure to help construct hydrogen-powered refinery. Essar Oil UK (EOUK) used the governments pandemic VAT deferral scheme last year, which allowed businesses to delay tax repayments. 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. 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. The Stanlow refinery is located on a 770ha-site on the southern of the Mersey Estuary, near Ellesmere Port, Cheshire, UK. 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. 2023 BBC. Private equity firm Bartons Family Capital is weighing a takeover of the U.K. Stanlow oil refinery, The Times reported on Sunday. Video Loading The jobs were placed at risk following a fire at the plant in August. 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. [20][21] A large fuel price protest was staged in May 2011 with the objective of "shutting down" the refinery. "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. Vicente's mommy. 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. The manufacturing complex employs 800 people. Yes vote. Jamie Nimmo. 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. 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. [3], Stanlow has a refining capacity of 12 million tonnes per year with a barrel per day capacity of 296,000. In the UK fuel crisis of 2000, protests over government taxation on fuel began at Stanlow. A spokesperson for Essar said 2019 had been a "challenging year" from an environmental perspective and changes had already been made since the report. "We thoroughly review any unplanned events and incorporate the learnings in our processes and procedures. "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.". 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. 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. Thats almost five times higher than a double decker bus and six times wider than one of our famous orange salt spreaders. The Stanlow refinery supplies about a sixth of the UKs road fuel. 200. 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 . A new refinancing deal could buy time for the refinery to maintain operations until fuel demand rises. Essar Oil UK said it had historically been "a very profitable business that has attracted over $1bn in investment since its acquisition in 2011". 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. Sunday September 26 2021, 12.01am, The Sunday Times. [11] This was built on a 90-acre site and was designed to store up to 1 million tonnes of oil. UK chief executive Deepak Maheshwari said the plant would be "the single biggest initiative to decarbonise our processes". The firm will also seek to establish the UK's largest biofuels storage facility at the site, it said. The pipeline had closed by 1990.[9][10]. 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. Overnight on Wall Street is daytime in Asia. 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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. Editorial Board. 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. ** The Livorno refinery in northwest Italy will stop refining crude and suspend all related activities by the end of 2022, according to an announcement made to trade union representatives by its owner, Italian oil giant Eni, sources close to the plant told S&P Global Platts. Hindustan refinery to restart in 2 months Oil amp Gas Journal. Closure of lubricants. [2] Until 2011 it was owned by Shell UK. "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. Project Gallery Feedstock supply The refinery receives the crude supply through a 24km-long pipeline from the Tranmere oil terminal situated near Mersey Estuary. 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. 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. Refinery Firefighting. The BBC is not responsible for the content of external sites. The positions at Stanlow in Ellesmere Port are in question following a blaze at the site in August, which damaged the units. @MarkKleinmanSky. A statement said Essar's "energy transition strategy" was based on the development of more environmentally friendly fuels. [3] History [ edit] Stanlow & Thornton track layout in 1975 The station was opened on 23 December 1940 jointly by the Great Western Railway and the London, Midland and Scottish Railway. Whyare oil prices rising and what does it mean for inflation? Essar Oil UK insisted: "No [borrowing] facilities were withdrawn solely due to governance issues". A multimillion-pound carbon capture plant is to be built at an oil refinery in Cheshire. 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. 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. 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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. Since early August, the company has increased its daily vehicle shifts from 52 to more than 70, and is aiming to increase deliveries to more than 80 by the end of October, it said. Essar Oil UK expects positive cash flow in April 2021. as panic buying hits forecourts across the country. Why not follow BBC North West on Facebook, Twitter and Instagram? [ID . 2023 BBC. Stanlow refinery, which supplies a sixth of Britain's petrol, in crisis talks with HMRC. The site, which is. The Department for Business, Energy and Industrial Strategy said on Friday: "We do not comment on individual companies. This page is not available in other languages. 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. [15] Following the bankruptcy of Petroplus which ran the Coryton Refinery in January 2012, Essar stated their belief that Stanlow, being a large refinery, would be able to compete with refineries in Asia and the Middle East. * The plant was closed early in the second quarter 2011. . To help with the delivery, we are closing the M53 for a night next week. [1] Essar has stated their desire to expand the site with a 25% increase in output. Stanlow plays a key part in the national economy, producing over 16% of the UK's road transport fuels. All rights reserved. A 45m furnace that runs completely on hydrogen - the first of its kind in the UK - will replace three existing furnaces at Stanlow. The refinery is located on the south bank of the River Mersey, flanked on its west by the M53 and M56 to the south. Read about our approach to external linking. Private equity firm Bartons Family Capital is weighing a takeover of the U.K. Stanlow oil refinery, The Times reported on Sunday. 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. 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. 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. All companies under the TTP have been given until January 2022 to meet their commitments. 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. In the 1974 an oil pipeline was commissioned from Amlwch, Anglesey to Stanlow. 04 Aug 2022. 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 BBC is not responsible for the content of external sites. Linklaters and Ashurst have quit as advisers to Essar Oil UK amid doubts about its future, Sky News learns. Projects; Analysis; News; Suppliers; White Papers Stanlow Refinery is an oil refinery owned by Essar Energy in Ellesmere Port, North West England. [18] In September 2021 it was reported that the facility is at the "brink of collapse". Despite sanctions on Russian shipping, Russian oil continued to arrive at port on ships owned and flagged in other countries. "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. Stanlow later said it was seeking alternative supplies. LOG IN to view this article.Not Yet A Subscriber? A multimillion-pound carbon capture plant is to be built at an oil refinery in Cheshire. Patterson-UTI to buy Pioneer Energy Services for $295m. By way of comparison, sales in February 2020 were 661kT. Bloomberg Daybreak Asia. The company said it would also invest in a range of efficiencies to "decarbonise its production process". In your inbox before the open, every day. Why you can trust Sky News. Read about our approach to external linking. Most populous nation: Should India rejoice or panic? It has also announced plans to close the 110,000 b/d Harburg refinery inGermany after failing to find a buyer for the plant. "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. 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. [19], Stanlow's position as one of the largest and well-known refineries in the country, has led to numerous protests over a number of decades. Essar Oil UK will build the 360m site at Stanlow refinery in Ellesmere Port to help reduce carbon emissions. 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. More information on the project is available at Essar Oil UKs website. Gordon Beattie, our abnormal loads manager for the North West said: There are abnormal loads and there are abnormal loads and this one will completely fill the motorway. The blackout and issues with the startup impacted the effluent [waste] treatment system resulting in oil (hydrocarbon) spilling out into Thornton Brook, and a clean-up is still ongoing. 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. For the best experience please use a JavaScript enabled browser. 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. (modern). is achievable. 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. 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. The northbound carriageway will be closed between junction 10 and junction 8 with the closure time on the Saturday evening after 7pm and subject to an appropriate reduction in traffic levels from Cheshire Oaks. The Environment Agency - the body sponsored by the government to protect and enhance the environment - regulates the refinery and deemed it was "posing unacceptable risk to health and the environment" giving it an F rating following its compliance inspection in 2019. All material subject to strictly enforced copyright laws. 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. Barrel per day output: 272,000bbl/d (43,200m, This page was last edited on 9 June 2022, at 23:45. 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. Live from New York and Hong Kong, bringing you the essential stories from the close of the U.S. markets to the open of trading across Asia. A multimillion-pound carbon capture plant is to be built at an oil refinery in Cheshire. 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. Welsh band Jesu's 2007 album Conqueror features a track titled "Stanlow" that concerns itself with the refinery. 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. 2) Put your email in the box where indicated. 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. 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. "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.". 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.
