** The Livorno refinery in northwest Italy will stop refining crude and suspend all related activities by the end of 2022, according to an announcement made to trade union representatives by its owner, Italian oil giant Eni, sources close to the plant told S&P Global Platts. 2022 Global Energy Infrastructure 2022 Gulf Publishing Holdings LLC. Projects; Analysis; News; Suppliers; White Papers Or by navigating to the user icon in the top right. As the Guardian reported last year, Litasco has a claim on Stanlow that kicks in if Essar defaults on payments under an oil sale and purchase agreement. [4] Consequently, it is the second largest in the United Kingdom after Fawley Refinery,[5] and produces a sixth of the UK's petrol needs. 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 . 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. LNG Processing. In your inbox before the open, every day. The refinery occupies nearly 1,900 acres (7.7km2) near the River Mersey and dates back to 1924, when a small bitumen plant was established. The positions at Stanlow in Ellesmere Port are in question following a blaze at the site in August, which damaged the units. All material subject to strictly enforced copyright laws. 150. Hydrogen is a low or zero-emission substitute for fossil fuels. Read about our approach to external linking. It handled 5,000 tonnes of oil products daily, comprising 22 million gallons (100,000 m3) of white oil and 42 million gallons (191,000 m3) of black oil a year. The sale of Stanlow will leave the Anglo-Dutch company with no refiningassets at all in the UK, having closed the Shell Haven refinery near London in1999. "The government has put in place a far-reaching package of support to help businesses across the economy during the pandemic, including the furlough scheme, loans and VAT deferrals. 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Earlier this year, dockers refused to unload Russian oil shipments destined for the refinery. Gordon Beattie, our abnormal loads manager for the North West said: There are abnormal loads and there are abnormal loads and this one will completely fill the motorway. [16] Essar plan a 250 million expansion of Stanlow, with production of diesel and aviation fuel to be increased. The MyWirral newsletter will bring you news from across the borough in a way youve never had before. 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. 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. [1] Essar has stated their desire to expand the site with a 25% increase in output. For the best experience please use a JavaScript enabled browser. The fire which broke out at Stanlow last August. 200. REFINERY NEWS ROUNDUP: Market focus on closures in Europe 2) Put your email in the box where indicated. The pipeline had closed by 1990.[9][10]. [18] In September 2021 it was reported that the facility is at the "brink of collapse". Multiple reports have indicated that investment firm Apollo Global Management of New York has been in talks on some level for a potential 400 million refinancing agreement for the complex. "We thoroughly review any unplanned events and incorporate the learnings in our processes and procedures. It that happened, the refinery would be likely to be taken on by the official receiver, to keep the refinery running. All rights reserved. Something went wrong, please try again later. Lpg Mounded Storage System Horton spheres manufacture and. The largest single module for the new furnace is 26.5 metres long, 18.5 metres tall, and 14.2 metres wide. S. T. Ciminelli - Editorial Board - Hydrometallurgy - Journal - Elsevier 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. Although situated in North West England, the refinery serves much of England as it is linked to the UK oil pipeline network. CheshireLive reported in March this year that Stanlow was given an environmental compliance score of 208.3 for 2019 far above the threshold for an F-rating, of 150. Shell said the cost of fixing the damage was "not economically viable". Vicente's mommy. M53 closure to help construct hydrogen-powered refinery
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