An oil worker has said he has been left “terrified” as redundancies have officially begun after Petro-Ineos announced the end ...

Billionaire Sir Jim Ratcliffe has warned soaring energy bills and carbon taxes mean investment to clean up Ineos’ operations at Grangemouth will need to be paused.

Scotland's only oil refinery ceased crude oil processing as of Tuesday, operator Petroineos said in a statement, as the site ...

However, boutique builders like Ineos Automotive, who rely on non-U.S. plants, will have to pass the buck to consumers. For now, that buck equates to a price hike of up to 10%. U.K.-based Ineos ...

Sir Jim said the tax bill is a “heavy blow” for British firms and that it is slowing the Ineos’s attempts to become more energy efficient. On Wednesday, firms will be required to pay the tax ...