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UK Oil Refining Struggles in the Age of Energy Transition
SUMMARY
- UK refining sector facing challenges including competition from overseas refineries, transition to electric vehicles, and sustainability targets in aviation
- Closure of Grangemouth refinery in 2025 highlights broader trend of refinery closures in UK
- Exxon Mobil's Forli refinery investing in new diesel production capacity to address UK's growing diesel deficit and decrease diesel imports by a quarter
This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.
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