220 Texoil jobs at risk in restructure

Some 220 jobs are hanging in the balance as Valero aims to restructure its Irish operation Texoil.

Texoil owns 12 sites in Ireland as part of its fuel depot network in Athy, Athlone, Ballinasloe, Cork, Carlow, Dublin, Galway, Gort, Kilkenny, Mayo and Sligo.

A spokesperson for the firm said the difficult trading environment was forcing it to restructure and sell either the whole group or a number of individual outlets.