Grangemouth would “still be open if it had access to cheap shale gas”

The Grangemouth petrochemical plant would most likely still be open if it had access to cheap shale gas according to an oil and gas services investment firm. The plant owner INEOS announced the closure yesterday, after it failed to drum up enough support from workers for its ‘survival plan’ which froze pay and made changes […]

Grangemouth petrochemical plant to close for good

The Grangemouth petrochemical plant is to close for good with the liquidation expected to begin within a week, its owner announced today. Following the failure of talks with the Unite union and a narrowly averted strike, the Grangemouth site had been temporarily shutdown since last week, whilst the owner INEOS tried to secure a deal […]

Biomass among £33bn projects to pass Treasury's ‘first hurdle’

Infrastructure projects worth £33 billion have passed the ‘first hurdle’ in getting a government infrastructure guarantee the Treasury has announced. More than half of the 40 projects now at the ‘pre-qualification’ stage are in the energy sector. Reaching this stage means they are now eligible for a government guarantee subject to further negotiation and assessment. […]

Scottish Government searching for buyer for Grangemouth refinery

The Scottish Government is trying to find a buyer for the troubled Grangemouth oil refinery. John Swinney, Scottish Finance Secretary said: “In view of the clear danger of a stalemate developing between the owners and the union, the Scottish Government has indeed been actively pursuing alternative options. This is what the people of Scotland expect. […]

Threat of Grangemouth refinery closure “is not a bluff”

The Chairman of INEOS says the threatened closure of the Grangemouth refinery “is not a bluff.” Jim Ratcliffe told the Sunday Times: “It’s really simple. The employees have a decision to make.” He added: “They either want a future for Grangemouth and are prepared to accept change or they wish to continue to inflict damage […]

Grangemouth is sign of problems “blighting” oil industry

The crisis at Grangemouth oil refinery is a sign of a wider malaise in the refining industry according to experts. The clouded situation at the Scottish refinery in the last fortnight follows a dispute over a worker which saw Unite union members threaten to strike. The site’s owner Ineos effectively retaliated by shutting the refinery […]

Grangemouth oil refinery shut until next week

The owners of the Grangemouth oil refinery and petrochemical site have shut the plant down and said it will remain closed until Tuesday at least. The news comes hours after Unite union members called off a 48-hour planned strike despite not resolving the dispute over the treatment of a convener following 16 hours of negotiation. […]

Grangemouth oil refinery strike called off

The Unite union has called off a planned strike at the Grangemouth oil refinery and petrochemical site (pictured). The move follows 16 hours of negotiation between union members and representatives from INEOS, the site owner as they failed to resolve the row over the treatment of a union convenor. Members from the union were due […]

Talks to be held over Grangemouth oil refinery strike

The operator of the Grangemouth refinery and petrochemical site (pictured) is set to meet with union bosses this afternoon in an attempt to avert a 48-hour strike. Members of the Unite union are planning to walk out on Sunday in a row over the treatment of a union convener which follows a protest last week. […]

Scots oil refinery strike looms?

A walk-out at Scotland’s sole petrochemical refinery looms after Unite union members began limited industrial action yesterday. From midnight on Monday workers at Grangemouth (pictured) began their protest which falls short of a strike – including a ban on overtime – after 81% of Unite members who voted were in favour of it in at […]