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Scotland’s only refinery to shut  down in 2025

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Grangemouth, Scotland’s only oil refinery, is to close down in 2025 with the loss of 400 jobs, operator Petroineos said, according to a report by Reuters.

The company cited economic difficulties as the reason for the closure, stating that the company had invested $1.2 billion since 2011, and returned losses over $775 million over the same period.

Reuters quoted Petroineos as saying it was preparing to shut Grangemouth, Britain’s oldest refinery as production ceases in the second quarter of next year, subject to an employee consultation, a company spokesperson said.

The decision was however criticised by trade unions and politicians.

It is deeply disappointing that Petroineos have confirmed their previous decision to close Grangemouth oil refinery,” UK Energy Secretary Ed Miliband said.

Reuters further reports that the site will become an import and distribution terminal for finished fuels, which will cut the number of employees at the site from 475 to around 75 over the next two years.

Petroineos is a joint venture between PetroChina International London (PCIL) and INEOS Group, a British chemicals firm founded by billionaire Sir Jim Ratcliffe.


Grangemouth is increasingly unable to compete with bigger, more modern and efficient sites in the Middle East, Asia and Africa.

Due to its size and configuration, Grangemouth incurs high levels of capital expenditure each year just to maintain its licence to operate,” the company said.

It said the plant is currently losing around $500,000 per day, and expects to see a $200 million loss for 2024.

Analysts have said the commencement of operation by the Dangote refinery would significantly reduce fuel importation, thereby affecting the businesses of many refineries outside Africa.

The refinery operation is a business that thrives on volume and analysts anticipate closure of more refineries in Europe if more African countries invest in domestic refining.

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International

Democrats Win US midterm elections

Trump acknowledges the Iran war, and the rising cost of living, were factors in his Republican Party’s defeat – as the White House posts on social media: “Trump is still your president”

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US President Donald Trump

The Democrats win the Senate and the House in US midterm elections, taking control of Congress for the rest of Donald Trump’s tenure.

Voters in conservative bastions who had propelled the president to his second term in office just two years ago swung dramatically toward Democrats, fueled by deep frustration over the unpopular war with Iran, anxiety over the high cost of living and anger at ‌Trump’s stewardship of the country.

Trump acknowledges the Iran war, and the rising cost of living, were factors in his Republican Party’s defeat – as the White House posts on social media: “Trump is still your president”

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In Texas, the biggest Republican state, Democrats ended a decades-long losing streak in seismic fashion, winning a Senate seat and ousting three-term Governor Greg Abbott.Kansas elected its first Democratic senator since the Great Depression nearly a century ago, and in South Carolina, a state that Trump carried by nearly 18 points in 2024, Democrats turned aside his hand-picked Senate candidate.The results will usher in a new era of divided government in Washington, following two years in which the Republican-controlled Congress rarely exercised its power to rein in Trump.

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JUST IN: Plane Crash Near Trump’s Florida Home Kills All 9 Aboard

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A private Learjet 60 crashed into a residential neighborhood in Palm Beach County, Florida, on Sunday afternoon, killing all nine people on board, officials confirmed.

The aircraft, flying from Austin, Texas, to the Bahamas, went down around 12:50 p.m. local time near Cresthaven/Greenacres, roughly 7–11 kilometers (about 4–7 miles) from President Donald Trump’s Mar-a-Lago resort.

It struck near a busy roadway at the entrance to a mobile-home community, creating a large fireball and leaving a crater in the road. Debris was scattered across a wide area, and nearby power and water lines were damaged.

Transportation Secretary Sean Duffy called the crash a “horrific tragedy” and confirmed there were no survivors among the nine occupants.

Florida Governor Ron DeSantis described the impact as “cataclysmic,” saying it “looked like a missile going down.” No injuries were reported among people on the ground. About 600 residents of a nearby mobile-home park were evacuated.

Trump had been at Mar-a-Lago earlier Sunday but departed on Air Force One from the nearby airport about an hour before the crash.

The National Transportation Safety Board is leading the investigation, with support from the Federal Aviation Administration.

Early reports noted the crew had discussed moderate turbulence and ice shortly before the steep descent.

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Tens of thousands protest against Narendra Modi regime in Delhi

The protest was one of the largest shows of opposition strength in years, taking place amid a wider resurgence of anti-government dissent which has been systematically crushed over the 12 years of the Modi regime.

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Thousands of opposition supporters have gathered in Delhi as protests against the Narendra Modi government continue to gather momentum.

Led by the Congress party, India’s opposition alliance has brought together supporters from across the country, amid growing anger over a large-scale revision of the country’s voter roll that has seen 130 million names erased.

Opposition leaders have alleged the process gives Modi’s ruling Bharatiya Janata party (BJP) an electoral advantage, and have called for the resignation and impeachment of the chief election commissioner, Gyanesh Kumar.

The BJP has denied the claims.

Addressing tens of thousands of party workers and supporters, the opposition leader Rahul Gandhi said Kumar had “carried out the biggest crime. He has tried to silence the voice of people, strangulate our country.”

Gandhi said the opposition, united under the acronym India (Indian National Developmental Inclusive Alliance), would not let “democracy be finished in the country” and warned Modi: “You can’t run anywhere.”

The protest was one of the largest shows of opposition strength in years, taking place amid a wider resurgence of anti-government dissent which has been systematically crushed over the 12 years of the Modi regime.

The Guardian Uk

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