The rivals of the North Sea weigh the offers for the exploration assets of the Prax group in difficulty | Money news Aitrend

The rivals of the North Sea weigh the offers for the exploration assets of the Prax group in difficulty | Money news

 Aitrend

Some of the largest independent oil producers in the North Sea are examining the offers for operations upstream of the Prax group, the energy conglomerate whose collapse triggered the closure of one of the rare oil refineries in Great Britain. Sky News learned that in around and Serica Energy were in talks with administrators giving … Read more

The owner of the Lindsey Prax Group oil refinery crashes on insolvency | Money news Aitrend

The rivals of the North Sea weigh the offers for the exploration assets of the Prax group in difficulty | Money news

 Aitrend

The owner of the Lindsey oil refinery crashed into insolvency, putting hundreds of jobs in danger during the energy conglomerate behind the Lincolnshire site. Sky News learned that State Oil, the parent company of Prax Group, which has interests on the oil ground in Shetlands and has around 200 service stations, was forced to call … Read more