Several parties have ‘expressed an interest’ in Coryton refinery

The Coryton refinery in Essex has had a number of companies express interest in acquiring the site, says one of its administrators PricewaterhouseCoopers. Recently threatened with closure after its owner Petroplus filed for insolvency, the plant has managed to continue operations since PwC took the reins on 24th January. According to reports from Reuters, Coryton […]

Rosneft chairman sees danger in selling assets

Rosneft’s new chairman Alexander Nekipelov has warned his government to take a cautious approach over selling important oil assets. According to the privatisation plan for Rosneft, which pumps nearly a quarter of the country’s oil, the state is aiming to lower its stake from 75.16% to 51%. Mr Nekipelov told Reuters: “To make this decision […]