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flag Phillips 66 buys Prax Lindsey refinery, keeps 250 jobs temporarily, integrates assets into Humber Refinery, and will create construction jobs.

flag Phillips 66 has agreed to acquire the defunct Prax Lindsey oil refinery, but will not restart standalone refining due to economic unviability. flag Instead, key assets like storage facilities will be integrated into its nearby Humber Refinery. flag Around 250 employees will keep their jobs until the end of March, though no specific post-sale staffing numbers have been guaranteed. flag The acquisition, supported by the UK government and deemed the most credible bid by Energy Minister Michael Shanks, is expected to create hundreds of construction jobs over the next five years and strengthen fuel supply. flag The Lindsey site is one of only five major UK refineries remaining.

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