Several Spanish oil refineries, including both plants run by Spain's second largest refinery operator Moeve, were shut down on Monday after a widespread power outage hit Spain and Portugal.

“This week, INEOS Grangemouth faces yet another tax bill for carbon dioxide emissions, this time for £15 million. If left unpaid, the cost will rise due to penalties to an extraordinary £65 million.

Scotland's only oil refinery ceased crude oil processing as of Tuesday, operator Petroineos said in a statement, as the site ...