Insight
Phillips 66 to acquire UK Lindsey Oil Refinery assets
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Phillips 66 (P66) has agreed to acquire the assets of the insolvent Lindsey Oil Refinery (LOR) from the Prax Group. P66 will not restart refining, citing LOR's lack of standalone viability. Instead, the deal secures critical "plumbing"—tanks, pipelines, and terminals—to be integrated into the adjacent P66 Humber Refinery. While LOR faced closure due to its simple configuration, its value to P66 is immense. The deal creates a regional hub with key synergies.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Beyond oil: what would it take to revive Venezuela’s aluminium industry
Great potential but overlaid with high risk.
$1,050
Country Report
Global copper smelter and refinery cost summary
A detailed analysis and forecast for production, costs, revenue and margins for copper smelters and refineries.
$6,750
Asset Report
Wintershall Noordzee western fields
Wintershall Noordzee, a 50:50 JV between Wintershall Dea and Gazprom, operates a portfolio of offshore fields in the North Sea. This ...
$3,720
