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Phillips 66 Acquires Lindsey Refinery, Secures Jobs Amid Uncertainty

1/5/2026

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Story summary
  • Phillips 66 has acquired the Prax Lindsey refinery in North Lincolnshire.
  • Prax Lindsey operations will be merged with the nearby Humber refinery to bolster fuel supply and create construction jobs.
  • The Lindsey refinery collapsed last summer.
  • The Lindsey refinery ceased production in June due to financial irregularities.
  • About 250 employees are guaranteed jobs until March, though their long-term future remains uncertain.