Motoring Discussion > Petroplus - Fill up now if you live in SE England	Miscellaneous
Thread Author: Falkirk Bairn	Replies: 52

New Tue 24 Jan 12 08:20   Petroplus - Fill up now if you live in SE England - Falkirk Bairn

PETROPLUS - owner of 6 x European Refineries has shares suspended on Swiss Stock Exchange - has financial problems Owns Coryton refinery in SE England and supplies the South East region Coyton is former BP Plant sold off years ago - BP also sold off Grangemouth to INEOS who then sold 50% to the Chinese National Oil. So who is making money out of Petrol & Diesel - Apart from the Government? Reply to this message | Report message

New Tue 24 Jan 12 09:18   Petroplus - Fill up now if you live in SE England - Falkirk Bairn

UPDATE Petroplus Bust - refinery will close temporarily DTelegraph www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/9034701/London-and-South-East-face-petrol-shortage-after-refinery-closure.html Reply to this message | Report message

New Tue 24 Jan 12 09:34   Petroplus - Fill up now if you live in SE England - Bromptonaut

Plus strikes by tanker drivers at Conoco Phillips: www.bbc.co.uk/news/uk-england-humber-16696473 Reply to this message | Report message

New Tue 24 Jan 12 13:10   Petroplus - Fill up now if you live in SE England - Zero

>> UPDATE >> >> Petroplus Bust - refinery will close temporarily Its still producing, not closed. Reply to this message | Report message

New Tue 24 Jan 12 13:28   Petroplus - Fill up now if you live in SE England - Falkirk Bairn

>> >> UPDATE >> >> >> >> Petroplus Bust - refinery will close temporarily >> >> Its still producing, not closed. >> Thousand Agency / Sub Contractors laid off.........cannot keep going on just a few staff Reply to this message | Report message

New Tue 24 Jan 12 13:45   Petroplus - Fill up now if you live in SE England - Zero

The news reports I see say that jobs "are at risk" but no-one has been laid off and its still producing normally. Reply to this message | Report message

New Tue 24 Jan 12 19:42   Petroplus - Fill up now if you live in SE England - Falkirk Bairn

>> The news reports I see say that jobs "are at risk" but no-one has been >> laid off and its still producing normally. >> Mr Robert Howitt MEP told BBC Radio 5 Live the refinery was being dragged down by its parent company. He said half the jobs were well-paid, highly skilled positions, while the other half were contractors, many of whom have already received their redundancy notices. Reply to this message | Report message

New Tue 24 Jan 12 19:46   Petroplus - Fill up now if you live in SE England - Zero

>> >> The news reports I see say that jobs "are at risk" but no-one has >> been >> >> laid off and its still producing normally. >> >> >> >> Mr Robert Howitt MEP told BBC Radio 5 Live the refinery was being dragged down >> by its parent company. He said half the jobs were well-paid, highly skilled positions, while >> the other half were contractors, many of whom have already received their redundancy notices. A redundancy notice is not "laid off" redundancy notice is warning you may get laid off, laid off is "out the door" Steven Pearson, on behalf of the administrator, said: "Our immediate priority is to continue to operate the Coryton refinery and the Teesside storage business without disruption while the financial position is clarified and restructuring options are explored. Reply to this message | Report message

New Tue 24 Jan 12 12:03   Petroplus - Fill up now if you live in SE England - SteelSpark

I'm inclined to fill up today. Just under half a tank, and would normally wait until it's down to a quarter. Not so much on price, half a tank is 35 litres and even if it went up 10p a litre, it's hardly a crushing financial blow. But it might be worth avoiding any shortage. Has anybody noticed any big queues today? Reply to this message | Report message

New Tue 24 Jan 12 13:03   Petroplus - Fill up now if you live in SE England - Zero

>> But it might be worth avoiding any shortage. >> >> Has anybody noticed any big queues today? Just been out, the local shell garage has run out of Diesel, but no big queues at the esso, tesco or shell garage, no sign of panic buying. . . . . . . . So I thought i would start some, and squeezed 20 litres in. Reply to this message | Report message

New Tue 24 Jan 12 14:00   Petroplus - Fill up now if you live in SE England - Armel Coussine

I did fill up yesterday, although just in the normal course of events, not in panic. Our car doesn't require high-octane fuel, but I did put 97 octane in (43 litres, 62 quid, guh) because a partial fill-up with the premium stuff confirmed yet again that the car runs sweeter on it and can be wafted along comfortably in higher gears. This should mean better economy, and I will be measuring the mileage from this tank carefully. Not expecting miracles though. Financially it will probably be equal or more expensive to use the superior juice. Reply to this message | Report message

New Tue 24 Jan 12 14:31   Petroplus - Fill up now if you live in SE England - PR

Petroplus closed a refinery on Teesside a few years back and nobody noticed. I expect if this does close there will be little disruption. They will import more to compensate. Reply to this message | Report message

New Tue 24 Jan 12 16:22   Petroplus - Fill up now if you live in SE England - Tigger

I hope we don't get the madness where people who only travel 50 miles a week feel the need to top up their tank at least daily, leading to huge queues ... Reply to this message | Report message

New Tue 24 Jan 12 19:33   Petroplus - Fill up now if you live in SE England - PeterS

I stopped for fuel at Shell on the way home (the yellow light had been on since the day before!) and the forecourt was deserted, so the panic hasn't reached W Sussex yet... Reply to this message | Report message

New Tue 24 Jan 12 17:21   Petroplus - Fill up now if you live in SE England - Duncan

>> Petroplus closed a refinery on Teesside a few years back and nobody noticed. >> This is the Southeast we are talking about. There is nothing to beat a good panic. I have just put £48 of diesel in my car. Reply to this message | Report message

New Tue 24 Jan 12 17:31   Petroplus - Fill up now if you live in SE England - Dulwich Estate

Don't worry about us in the South East. A quick day trip to France will get you diesel at €1.38, say £1.15 per litre plus a few botttles of plonk at under 2 quid a go! A good day out, break even on costs and a full tank of fuel too. Reply to this message | Report message

New Tue 24 Jan 12 18:26   Petroplus - Fill up now if you live in SE England - Zero

>>and a full tank of fuel too. Only if you live in Dover. Last edited by: Zero on Tue 24 Jan 12 at 18:26 Reply to this message | Report message

New Tue 24 Jan 12 17:41   Petroplus - Fill up now if you live in SE England - Armel Coussine

Just the fact that people can start panicking about this sort of thing makes capitalism look a bit stupid. I wonder if there's a profound message in that somewhere? I posted this on HJ years ago but I'm a bore so I'll post it again. In 1973, when the first 'oil shock' occurred, I was a minicab driver in South London. A genuine panic took place because there was in fact a temporary shortage, with forecourts running out and closing. There were queues outside the petrol stations that did have juice. We minicabbers used to bung the normally dour and depressed pump attendants - hardly any self-service back then - to let us fill up with 4 star leaded, that delicious brew, instead of having to stop at five gallons (no damn litres in those days either). We were allowed to jump the queue too, all the way to the front. Far from disapproving of this evidence of British corruption and cynicism, I revelled in it having just returned from my first visit to Nigeria where I had quickly learned the ropes with all that. It's much more usual in the third world where the capitalism-cover is thinner... Eat my shorts, citizens! Eeee, it were lovely. And those underpaid lesbian forecourt gals started almost forgetting to look sour and hard-bitten, as they caressed the massive wads of banknotes in their back pockets. What you might call 'real democracy' if you were in a satirical mood. Reply to this message | Report message

New Tue 24 Jan 12 18:03   Petroplus - Fill up now if you live in SE England - Focusless

Top story on BBC1 6pm news - warning of possible shortages to come. Might help the panic. Reply to this message | Report message

New Tue 24 Jan 12 18:27   Petroplus - Fill up now if you live in SE England - Zero

>> Top story on BBC1 6pm news - warning of possible shortages to come. Might help >> the panic. I am sure we can cause a shortage. My mother still has larders full of sugar! what was that all about! Reply to this message | Report message

New Tue 24 Jan 12 19:13   Petroplus - Fill up now if you live in SE England - Bromptonaut

>> Top story on BBC1 6pm news - warning of possible shortages to come. Might help >> the panic. Standard says same thing under a 'Prices to Rocket' headline. Coryton has ceased deliveries according to same source. Reply to this message | Report message

New Tue 24 Jan 12 19:42   Petroplus - Fill up now if you live in SE England - Zero

Its one of 8 uk refineries, so only has a 12.5% share of total uk production, it only has a 20% share of the London and the South East total consumption. Fuel sales at the forecourt are down 10% year on year anyway. If people dont panic its not a problem. Reply to this message | Report message

New Tue 24 Jan 12 19:53   Petroplus - Fill up now if you live in SE England - bathtub tom

>>no sign of panic buying. So I thought i would start some, and squeezed 20 litres in. ??? Reply to this message | Report message

New Tue 24 Jan 12 19:59   Petroplus - Fill up now if you live in SE England - Dutchie

There be panick buying soon I top up with diesel in morning bath tub.>:) Reply to this message | Report message

New Tue 24 Jan 12 20:05   Petroplus - Fill up now if you live in SE England - Harleyman

I top up with diesel in morning bath tub.>:) >> Tom will not be at all pleased, his Kia runs on petrol! Reply to this message | Report message

New Tue 24 Jan 12 23:18   Petroplus - Fill up now if you live in SE England - bathtub tom

>>Tom will not be at all pleased, his Kia runs on petrol! I'm happy to run it on anything a spark will ignite. ;>) Reply to this message | Report message

New Tue 24 Jan 12 20:02   Petroplus - Fill up now if you live in SE England - Iffy

During the last shortage in about 2001 the government published a list of occupations which were to be given priority. Journalism was one, and for a moment it gave me a nice warm feeling to think people in low places thought me important enough to warrant some petrol. That was until I looked at the other occupations on the list: financial services, anyone involved in the supply of goods and services, etc, etc. I struggled to think of a job which wouldn't qualify. Single mothers on benefits, tough, get the bus, you shouldn't be running a car anyway. :) Last edited by: Iffy on Tue 24 Jan 12 at 20:02 Reply to this message | Report message

New Tue 24 Jan 12 20:02   Petroplus - Fill up now if you live in SE England - rtj70

>> Coryton has ceased deliveries according to same source. The parent company is in administration. So how can they sell fuel? They are still producing it... fingers crossed etc. Reply to this message | Report message

New Tue 24 Jan 12 20:05   Petroplus - Fill up now if you live in SE England - R.P.

It's a strategic industry - I would imagine the Government will have an interest in proceedings. Reply to this message | Report message

New Tue 24 Jan 12 20:07   Petroplus - Fill up now if you live in SE England - Harleyman

Much ado about nothing. I expect to see the refinery under either Indian or Chinese ownership by Monday, helped of course by several zillion pounds of taxpayers subsidy. Cynical? Moi? Reply to this message | Report message

New Tue 24 Jan 12 20:08   Petroplus - Fill up now if you live in SE England - Bromptonaut

>> The parent company is in administration. So how can they sell fuel? Not sure I follow that. Peacock's stores in admin but it didn't stop them selling my wife a blouse. Reply to this message | Report message

New Tue 24 Jan 12 20:14   Petroplus - Fill up now if you live in SE England - mikeyb

Up to the administrators if they let it carry on trading. If they have stock to sell then its likely they will carry on for a bit Reply to this message | Report message

New Tue 24 Jan 12 21:01   Petroplus - Fill up now if you live in SE England - rtj70

>> Not sure I follow that. Peacock's stores in admin but it didn't stop them selling my wife a blouse. But who would the money go to if they sold fuel? Parent company in admin. At least the Peacock's example meant money went to Peacocks. Selling fuel isn't comparable to selling a blouse mind. Reply to this message | Report message

New Tue 24 Jan 12 21:11   Petroplus - Fill up now if you live in SE England - Zero

>> >> Not sure I follow that. Peacock's stores in admin but it didn't stop them >> selling my wife a blouse. >> >> But who would the money go to if they sold fuel? Parent company in admin. >> At least the Peacock's example meant money went to Peacocks. The money went to the administrators. They are running the company >> Selling fuel isn't comparable to selling a blouse mind. Of course it is Reply to this message | Report message

New Tue 24 Jan 12 21:24   Petroplus - Fill up now if you live in SE England - Bromptonaut

>> But who would the money go to if they sold fuel? Parent company in admin. >> At least the Peacock's example meant money went to Peacocks. Peacocks were in admin, the co that sold to my wife were a subsidiary. Presumably money would be under the control of the Administrator though I suppose the parent co being non UK may complicate. Reply to this message | Report message

New Tue 24 Jan 12 21:55   Petroplus - Fill up now if you live in SE England - Kevin

>But who would the money go to if they sold fuel? Parent company in admin. It's pretty much equivalent to US Chapter 11. Control of the business has simply been transferred into the hands of the administrators. Creditors will have to wait in line to see how many cents on the dollar they get. Reply to this message | Report message

New Tue 24 Jan 12 20:33   Petroplus - Fill up now if you live in SE England - Dave_

>> Top story on BBC1 6pm news - warning of possible shortages to come. Might help the panic. The forum's favourite rag has the story as "Motorists face chronic fuel shortages and soaring prices at the pumps as forecourt bosses said there was a risk of parts of the South East ‘grinding to a halt’"... Sheesh. Reply to this message | Report message

New Tue 24 Jan 12 20:36   Petroplus - Fill up now if you live in SE England - Armel Coussine

'Forecourt bosses' eh? Are they those Indian blokes who run the pie shop and take the money? Reply to this message | Report message

New Tue 24 Jan 12 20:37   Petroplus - Fill up now if you live in SE England - Skip

"The forum's favourite rag has the story as "Motorists face chronic fuel shortages and soaring prices at the pumps as forecourt bosses said there was a risk of parts of the South East ‘grinding to a halt’"... Sheesh." Never let the truth get in the way of a good story ! Reply to this message | Report message

New Tue 24 Jan 12 21:04   Petroplus - Fill up now if you live in SE England - Crankcase

Well for one thing that should be "acute", not "chronic". Reply to this message | Report message       4

New Wed 25 Jan 12 00:17   Petroplus - Fill up now if you live in SE England - Rudedog

On the radio this morning on the way home from my night-shift I heard about the closure and a spokesperson for the oil companies said that even if ALL of the refineries closed today then the UK holds over 70 days worth of fuel in storage, I think this came about after the last national fuel strikes. Reply to this message | Report message

New Wed 25 Jan 12 04:00   Petroplus - Fill up now if you live in SE England - Mr PDA

I put over 160 litres in my lorry yesterday. Have I damaged our reserves? I suspect this may represent a chance for the forecourt prices to be pushed up a bit rather than supplies pushed down. I can't see the oil companies missing an excuse to raise their prices for their own ends rather than the chancellors. Reply to this message | Report message

New Wed 25 Jan 12 08:06   Petroplus - Fill up now if you live in SE England - Old Navy

>> I can't see the oil companies missing an >> excuse to raise their prices for their own ends rather than the chancellors. >> >> The chancellor won't mind the price going up, higher price = more tax and VAT on the tax. Last edited by: Old Navy on Wed 25 Jan 12 at 08:07 Reply to this message | Report message

New Wed 25 Jan 12 09:15   Petroplus - Fill up now if you live in SE England - Slidingpillar

Just more VAT. The duty on fuel is a fixed amount. Reply to this message | Report message

New Wed 25 Jan 12 09:17   Petroplus - Fill up now if you live in SE England - WillDeBeest

No, ON - just more VAT. Road Fuel Duty is an amount per litre, not a percentage of anything. Reply to this message | Report message

New Wed 25 Jan 12 10:50   Petroplus - Fill up now if you live in SE England - Old Navy

He still won't complain. Nor will I, all my travel is S, D, & P. There is a lot of it, but it is all optional. Reply to this message | Report message

New Wed 25 Jan 12 11:03   Petroplus - Fill up now if you live in SE England - Falkirk Bairn

>> No, ON - just more VAT. Road Fuel Duty is an amount per litre, not >> a percentage of anything. >> I.E. VAT on Fuel and the Fuel Duty - A TAX on a TAX Very Bad IMHO What do the rest of you think of taxing a tax? Reply to this message | Report message

New Wed 25 Jan 12 12:47   Petroplus - Fill up now if you live in SE England - CGNorwich

What do the rest of you think of taxing a tax? Great idea!* *N.B. this is an ironic answer Reply to this message | Report message

New Wed 25 Jan 12 12:53   Petroplus - Fill up now if you live in SE England - Bromptonaut

>> What do the rest of you think of taxing a tax? They've got to raise the money somehow. Would VAT on the material cost only and an extra few pence on the duty be any better? Reply to this message | Report message       1

New Wed 25 Jan 12 17:14   Petroplus - Fill up now if you live in SE England - Pat

The pecieved fuel shortage will be more the fault of URTU for getting the Wincanton tanker drivers on strike than anything. Pat Reply to this message | Report message

New Wed 25 Jan 12 17:20   Petroplus - Fill up now if you live in SE England - Zero

Still no panic buying round here, I blame the immigrants. Reply to this message | Report message

New Mon 30 Jan 12 18:19   Petroplus - Fill up now if you live in SE England - Falkirk Bairn

Latest News - Mon 30/1/12 Coryton Refinery has shut down due to a breakdown within the complex. Maybe you should be out filling up - if you live in the London area. Reply to this message | Report message

New Tue 26 Jun 12 20:21   Coryton Essex Refinery (EX BP Site) to close - Falkirk Bairn

www.bbc.co.uk/news/uk-england-essex-18600268 Refinery to close and become an import storage terminal....................another nail in the UK manufacturing sector. Hundreds of permanent and agency jobs lost Grangemouth, another ex BP site, (now Ineos + Chinese ownership) loses £100m in 12 mths - the Petrol Refinery has undisclosed losses as a big part of the site is plastics which are profitable. Statement said that falling crude price = falling petrol price and the refiner is caught in the middle. Reply to this message | Report message