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. 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. Essar Oil UK insisted: "No [borrowing] facilities were withdrawn solely due to governance issues". [1] Essar has stated their desire to expand the site with a 25% increase in output. Frustrations over the running of the company had led to the departures of two chief executives within a year. 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. Markets never sleep, and neither does Bloomberg. "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. Lloyds is said to have become frustrated by a failure to address repeatedly expressed concerns about the Stanlow refinery-owner's governance over a protracted period, as well as a series of delays to the filing of audited accounts. Year end run rate (US$ million) 250. Stanlow refinery at a crossroads | Global Energy Infrastructure Jamie Nimmo. VideoOn board the worlds last surviving turntable ferry, I didnt think make-up was made for black girls, Why there is serious money in kitchen fumes. By way of comparison, sales in February 2020 were 661kT. A 45m furnace that runs completely on hydrogen - the first of its kind in the UK - will replace three existing furnaces at Stanlow. * The plant was closed early in the second quarter 2011. . 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. Most populous nation: Should India rejoice or panic? Auditors warn about finances of firm behind Stanlow oil refinery The firm will also seek to establish the UK's largest biofuels storage facility at the site, it said. Despite sanctions on Russian shipping, Russian oil continued to arrive at port on ships owned and flagged in other countries. And the last leg of its 6,000 mile - and mostly watery journey will be along the strictly terra firma of the M53 motorway and A5117 local road. We use your sign-up to provide content in the ways you've consented to and improve our understanding of you. Later this month we're closing the M53 for a night, ensuring the main module of the UKs first hydrogen-ready furnace can be delivered to Essar Oil UKs Stanlow refinery near Ellesmere Port in Cheshire. The Stanlow refinery supplies about a sixth of the UKs road fuel. REFINERY NEWS ROUNDUP: Market focus on closures in Europe Shell said the cost of fixing the damage was "not economically viable". LNG Processing. 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. Oil refinery woes raise concern in Westminster over financial backers [17] In April 2021 the company was reported to be heavily in debt after fossil fuel demand dropped during the COVID-19 pandemic. 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. Total halted the crude distillation unit at Grandpuits Nov. 16 but the other units at the refinery had previously remained in operation. "As part of Essars wider plans to build a green energy industrial cluster at the Stanlow, we have joined forces with Progressive Energy, developers of HyNet North West, the UKs leading industrial decarbonisation cluster, to produce low carbon hydrogen from 2025. 200. City editor Energy giant Essar said they have already made a series of changes at the Ellesmere Port site, Get our MyWirral newsletter, for the best news, pictures, opinions and video from across the peninsula. Stanlow Oil Refinery - Wikipedia A spokesperson for the Environment Agency said: "We expect all businesses to operate to the highest environmental standards. It has also announced plans to close the 110,000 b/d Harburg refinery inGermany after failing to find a buyer for the plant. And because of the poor performance, they will now have to pay 300% of the usual fee to the Environment Agency with environment policy magazine ENDS Report analysis estimating the company would have paid roughly 820,000 last spring. A multimillion-pound carbon capture plant is to be built at an oil refinery in Cheshire. The MyWirral newsletter will bring you news from across the borough in a way youve never had before. Is climate change killing Australian wine? Essar is investing over 1 B into a range of energy efficiency, fuel-switching, and carbon capture initiatives, designed to decarbonize its production . M53 closure to help construct hydrogen-powered refinery, More information on the project is available at Essar Oil UKs website. Phillips 66 puts Alliance, Louisiana refinery up for sale In your inbox before the open, every day. 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. [6] Stanlow is also a large producer for commodities such as jet fuel and diesel.[7]. Or by navigating to the user icon in the top right. is achievable. as panic buying hits forecourts across the country. Essar Oil UK expects positive cash flow in April 2021. The BBC is not responsible for the content of external sites. Since 3 February 2022 the station has been temporarily closed due to safety concerns of the footbridge which is the only entrypoint to the station. 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. This includes: 4.4 billion litres of diesel every year - enough to drive a car doing 40 mpg 4,000 times around the equator every day 3 billion litres of petrol a year - enough to drive a car 20 million times around the world Crude oil is now received lower down river on the Mersey at the Tranmere Oil Terminal, operated by the Mersey Docks and Harbour Company from its Liverpool headquarters, and is transferred via a fifteen-mile (24km) pipeline to storage at Stanlow. In a statement issued to Sky News, Essar Oil UK said it did not comment on "the role of advisers that we work with from time to time". The Department for Business, Energy and Industrial Strategy said on Friday: "We do not comment on individual companies. M53 closure to help construct hydrogen-powered refinery. 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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. National Highways will close over night an area of the M53 near Whitby tomorrow (Saturday 13 August) as the biggest single module for the UK's very first hydrogen-ready heater to Essar Oil UK's Stanlow refinery near Ellesmere Port in Cheshire is transferred. [2] Until 2011 it was owned by Shell UK. The BBC is not responsible for the content of external sites. Sky News has learnt that Linklaters and Ashurst both recently quit as legal advisers to Essar Oil UK - a relatively unusual move triggered, according to insiders, by anxieties over the running of the business. 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. Read about our approach to external linking. stanlow-refinery6 - Hydrocarbons Technology Here are Your Options. About 180 jobs are at risk after energy giant Shell announced the closure of two fire-damaged chemical units within an oil refinery in Cheshire. On Saturday 13 August it will be moved away from the canal a few hundred yards onto the neighbouring M53 via the southbound entry slip road at junction 8. Whyare oil prices rising and what does it mean for inflation? 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. 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 . Essar Oil UK (EOUK) used the governments pandemic VAT deferral scheme last year, which allowed businesses to delay tax repayments. Explore in 3D: The dazzling crown that makes a king. Does the UK really need to drill for more North Sea oil and gas? S. T. Ciminelli - Editorial Board - Hydrometallurgy - Journal - Elsevier Explore in 3D: The dazzling crown that makes a king. The manufacturing complex employs 800 people. This page is not available in other languages. EOUK had agreed to an accelerated schedule to make this payment. For the best experience please use a JavaScript enabled browser. Is climate change killing Australian wine? [20][21] A large fuel price protest was staged in May 2011 with the objective of "shutting down" the refinery. The refinery has been fully offline since late January. 5) There are plenty of other newsletters to choose from too. The STS Transfers will enable larger ships . Linklaters and Ashurst have quit as advisers to Essar Oil UK amid doubts about its future, Sky News learns. Essar Oil UK will build the 360m site at Stanlow refinery in Ellesmere Port to help reduce carbon . The site, which is managed by energy giant Essar, suffered a complete loss of power from the National Grid in 2019. 9th April 2021. REFINERY NEWS ROUNDUP: More full or partial closures in Europe 2) SUBSCRIBE to Global Energy Infrastructureand gain ACCESS to premium data for the energy industry.*. Scientists hope to demonstrate that it can be used instead of natural gas in a range of industrial settings, helping companies' transition to a low-carbon future. Stanlow Refinery - Significant Potential Completed first year ownership US$350 million acquisition cost . 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 . New markets Hydrogen is a low or zero-emission substitute for fossil fuels. 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. 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. 100. Sign up here. "We thoroughly review any unplanned events and incorporate the learnings in our processes and procedures. "This included the impacts caused by the sudden failure of power to Stanlow from the national grid, which in turn led to the complete loss of the internal electrical supply at Stanlow. To help with the delivery, we are closing the M53 for a night next week. The National Grid was approached for comment. Output is delivered via various means, including by pipeline via the UK oil pipeline network, road and the Manchester Ship Canal. As always you can unsubscribe at any time. The UK's second biggest oil refinery is locked in talks with tax officials over a deferred tax bill amid reports that it could be on the brink of collapse. Monday 12 April 2021 18:47, UK Stanlow oil refinery is at Ellesmere Port Why you can trust Sky News The owner of Britain's second-biggest oil refinery has been hit by the resignation of two blue-chip City law firms amid a deepening financial and corporate governance crisis at the company. The government has a net zero target by 2050. Most populous nation: Should India rejoice or panic? Editorial Board. Belo Horizonte, city, southern Minas Gerais estado (state), southeastern Brazil. Two years on from Stanlow air pollution action plan - what has changed? The BBC is not responsible for the content of external sites. UK chief executive Deepak Maheshwari said the plant would be "the single biggest initiative to decarbonise our processes". [3] [8] Stanlow & Thornton railway station was opened in 1940 to give workers access to the site and the facility an extra mode of transport. Stanlow Refinery is an oil refinery owned by Essar Energy in Ellesmere Port, North West England. 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. 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. 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. This means that we may include adverts from us and third parties based on our knowledge of you. 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. Stanlow Refinery - News, views, gossip, pictures, video - Cheshire Live I'm graduated as a Chemical engineer (UERJ) with a graduate degree in logistics (IBMEC) and currently studying for a master's degree in logistics (PUC-RIO). On board the worlds last surviving turntable ferry. Further, the company has now returned to Ebitda positive [earnings before interest, taxes, depreciation, and amortisation] and is therefore in a much stronger position to weather the continued challenge presented by the pandemic, it said. Welsh band Jesu's 2007 album Conqueror features a track titled "Stanlow" that concerns itself with the refinery. Projects; Analysis; News; Suppliers; White Papers 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. Stanlow refinery presentation - Essar Energy CORRECTED - FACTBOX-European oil refineries for sale or closure The UKs second biggest oil refinery is locked in talks with tax officials over a deferred tax bill amid reports that it could be on the brink of collapse. Fears for future of Stanlow oil refinery amid urgent financing talks Last modified on Wed 30 Mar 2022 17.16 EDT. 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. "The new furnace is one of the largest objects ever to be moved on UK roads and key to Essars strategy of transitioning to being a low carbon energy provider at the forefront of decarbonisation in the North West.. Lpg Mounded Storage System Horton spheres manufacture and. The new furnace is part of Government-backed plans to include hydrogen in the race to reduce the countrys carbon emissions to net zero by 2050. This has been a huge logistical challenge for everyone involved but well be closing the motorway at a time when traffic is at its lightest and a very good diversion will be in place.. A Shell spokeswoman said it was "unfortunate" that it did not make economic sense to continue. 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. Essar Oil UK employs over 900 staff, and a further 500 contractors also operate at the refinery. Essar agrees to buy Shell's Stanlow refinery for $1.3 bil Stanlow Refinery, Ellesmere Port, Cheshire, United Kingdom (UK) Essar Energy, which owns the Stanlow. It lies on the western slope of the Espinhao Mountains, at an elevation of 2,720 feet (830 metres). (modern). Closure of lubricants. @MarkKleinmanSky. Essar Oil UK reported today that sales of products1 from the Stanlow Refinery is expected to see a 63% year-on-year increase to 537kT in April 2021, in comparison to 329kT in April 2020. Virginia S. T. Ciminelli is a Professor of the Department of Metallurgical and Materials Engineering, Universidade Federal de Minas Gerais -UFMG, Brazil, and Director of the National Institute of Science and Technology on Mineral Resources, Water and Biodiversity, INCT-Acqua. Stanlow Refinery owner faces new financial crunch as HMRC deadline Stanlow Refinery is an oil refinery owned by Essar Energy in Ellesmere Port, North West England. A multimillion-pound carbon capture plant is to be built at an oil refinery in Cheshire. M53 to shut overnight as 14m wide module is transported to UK's first Concerns despite Essar reporting progress in refinancing debt, which deepened to $321m in 2021. 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. Essar workers at Stanlow refinery accept revised deal to end strike threat LNG Processing. Although situated in North West England, the refinery serves much of England as it is linked to the UK oil pipeline network. Friday 17 September 2021 15:37, UK. Stanlow refinery flare raised pollution levels in the area Petrol tankers fill up with petrol and diesel at the Stanlow oil refinery in Ellesmere Port. [2] Until 2011 it was owned by Shell UK. "We are also working with Fulcrum BioEnergy to create a new facility which will convert several hundred thousand tonnes of non-recyclable household waste each year into sustainable aviation fuel (SAF) for use by airlines operating at UK airports.". Published. Read about our approach to external linking. At one stage in March 2021, Essar owed 771m to HMRC but it said this had since been reduced 109m and was due to be settled completely this month. Barrel per day output: 272,000bbl/d (43,200m, This page was last edited on 9 June 2022, at 23:45. We're paving the way for cutting carbon emissions at one of the country's biggest oil refineries. All material subject to strictly enforced copyright laws. "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.". "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. "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. Something went wrong, please try again later. Vicente's mommy. [12] Oil products were loaded into a fleet of 100 road tankers for distribution. Stanlow oil refinery fire damage puts 180 jobs at risk - BBC News This is what progress has been made since the plan was drawn up, Essar 'committed' to Stanlow Oil Refinery amid question mark over jobs' futures, The firm which runs the facility is looking at the outsourcing of some business functions, which could lead to redundancies, Swans potentially 'contaminated with oil' rescued near Stanlow Refinery in Ellesmere Port, The birds have been taken by the RSPCA to Stapeley Grange Wildlife Centre. "The government continually monitors fuel supply across the country to ensure the public do not see any disruption. Stanlow has been beset by problems in recent times, with an unplanned shutdown in 2019 triggering a significant oil spill. As a result of that work over the past few months, EOUK has $1.1bn [800m] in liquidity secured. 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