UK’s Lindsey refinery faces shutdown within three weeks, according to Wood Mackenzie

Lindsey refinery could halt operations within three weeks due to limited crude oil reserves, according to a recent analysis by energy consultancy Wood Mackenzie, highlighting an immediate slowdown in production.

Share:

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

The British Lindsey refinery, currently undergoing insolvency proceedings, has only 1.8 million barrels of crude oil in storage, an amount sufficient to sustain its operations for roughly three weeks. This alarming assessment comes from a recent analysis by the energy consultancy Wood Mackenzie. Due to current economic pressures, operations at the facility are already impacted by reduced crude oil processing, directly resulting from the recent shutdown of its Fluid Catalytic Cracker (FCC) unit. According to Emma Howsham, a senior analyst at Wood Mackenzie, the refinery is currently running in a less profitable mode known as hydroskimming, significantly limiting its short-term profitability.

A direct impact linked to the FCC unit shutdown

The FCC unit, responsible for converting heavy crude oil into lighter petroleum products like gasoline, is the operational and economic heart of the Lindsey refinery. Its recent shutdown forced the facility into an alternative, less efficient processing mode. The so-called hydroskimming configuration involves basic crude processing without achieving the high profit margins typically generated by refined gasoline production. Consequently, Wood Mackenzie notes that the refinery has already significantly reduced its processing volumes, worsening an already precarious financial situation. The exact timeline for restarting the FCC unit remains uncertain, and if it does not resume operations soon, a complete shutdown of the refinery could occur within days.

An additional threat to the UK market

The potential shutdown of the Lindsey refinery represents a major issue for the UK energy market, already facing significant pressure due to geopolitical instability and crude supply constraints. Lindsey, one of the country’s main refineries, directly supplies the British domestic market with fuels such as gasoline and diesel. A prolonged or permanent halt in operations could significantly disrupt the supply chain and exacerbate existing tensions in the fuel market. Economic stakeholders and British authorities are closely monitoring the situation, concerned about immediate economic impacts and potential logistical disruptions nationwide.

The coming days are critical

Given this worrying scenario, the coming days will be critical for the future of the Lindsey refinery. Prompt resumption of operations at the FCC unit is now imperative to prevent further escalation of the local and national economic crisis tied to this strategic facility. The entire UK petroleum sector is closely awaiting upcoming announcements, aware that developments in this situation could have lasting consequences. Within this context, Wood Mackenzie’s report serves as a serious warning, emphasizing the need for swift and coordinated action by the relevant economic players.

Cenovus Energy modifies terms of its acquisition of MEG Energy by increasing the offer value and adjusting the cash-share split, while reporting record third-quarter results.
Rail shipments of Belarusian gasoline to Russia surged in September as Moscow sought to offset fuel shortages caused by Ukrainian attacks on its energy infrastructure.
Denmark is intensifying inspections of ships passing through Skagen, a strategic point linking the North Sea and the Baltic Sea, to counter the risks posed by the Russian shadow fleet transporting sanctioned oil.
Nicola Mavilla succeeds Kevin McLachlan as TotalEnergies' Director of Exploration, bringing over two decades of international experience in the oil and gas industry.
Sahara Group is making a major investment in Nigeria with seven new drilling rigs, aiming to become the country’s top private oil producer by increasing output to 350,000 barrels per day.
Senegal aims to double its oil refining capacity with a project estimated between $2bn and $5bn, as domestic demand exceeds current output.
Chevron is working to restart several units at its El Segundo refinery in California after a fire broke out in a jet fuel production unit, temporarily disrupting regional fuel supplies.
Ethiopia has begun construction of its first crude oil refinery in Gode, a $2.5bn project awarded to GCL, aimed at strengthening the country’s energy security amid ongoing reliance on fuel imports.
Opec+ slightly adjusts its quotas for November, continuing its market share recovery strategy amid stagnant global demand and a pressured market.
China has established a clandestine oil-for-projects barter system to circumvent US sanctions and support Iran’s embargoed economy, according to an exclusive Wall Street Journal investigation.
TotalEnergies EP Norge signed two agreements to divest its non-operated interests in three inactive Norwegian fields, pending an investment decision expected in 2025.
The US Supreme Court will hear ExxonMobil’s appeal for compensation from Cuban state-owned firms over nationalised oil assets, reviving enforcement of the Helms-Burton Act.
A major fire has been extinguished at Chevron’s main refinery on the US West Coast. The cause of the incident remains unknown, and an investigation has been launched to determine its origin.
Eight OPEC+ countries are set to increase oil output from November, as Saudi Arabia and Russia debate the scale of the hike amid rising competition for market share.
The potential removal by Moscow of duties on Chinese gasoline revives export prospects and could tighten regional supply, while Singapore and South Korea remain on the sidelines.
Vladimir Putin responded to the interception of a tanker suspected of belonging to the Russian shadow fleet, calling the French operation “piracy” and denying any direct Russian involvement.
After being intercepted by the French navy, the Boracay oil tanker, linked to Russia's shadow fleet, left Saint-Nazaire with its oil cargo, reigniting tensions over Moscow’s circumvention of European sanctions.
Russian seaborne crude shipments surged in September to their highest level since April 2024, despite G7 sanctions and repeated drone strikes on refinery infrastructure.
Russia’s Energy Ministry stated it is not considering blocking diesel exports from producers, despite increasing pressure on domestic fuel supply.
TotalEnergies has reached a deal to sell mature offshore oil fields in the North Sea to Vår Energi as part of a $3.5bn divestment plan aimed at easing its rising debt.