UK to invest GBP 200 million in site of oil refinery closure

UK to invest GBP 200 million in site of oil refinery closure

Energy Daily

Published

London (AFP) Feb 23, 2025

The UK government on Sunday announced a GBP200 million ($250 million) investment for the site of Scotland's only oil refinery, set to close this year. Prime Minister Keir Starmer said the government would invest in "new opportunities" at Grangemouth in central Scotland to "ensure the long-term future of the industrial site". Grangemouth refinery owners Petroineos decided in 2023 to convert

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