Grangemouth Oil Refinery to Close in 2025, Affecting 400 Jobs

Scotland's only oil refinery will transition to an import terminal as it faces financial losses and declining fuel demand.

The Grangemouth refinery, Scotland's sole oil refinery, will cease operations in the second quarter of 2025.
Petroineos, the refinery's owner, cited global market pressures and the energy transition as key reasons for the closure.
The site will be converted into an import terminal, reducing the workforce from 475 to fewer than 100 employees.
The closure will result in the loss of 400 jobs, with significant layoffs expected in the months following the plant's shutdown.
Both the Scottish and UK governments are working on a joint investment plan to secure the site's industrial future, including a £100m fund for local energy projects.