Fears mount over British fuel supplies after refinery group collapses

British energy minister Michael Shanks said the firm's collapse was 'deeply concerning' and that the company had left the government with 'little time to act'

State Oil — the parent company of Prax Group, which owns the Lindsey refinery in North Lincolnshire, England — appointed administrators on Monday.

The group behind one of Britain's largest oil refineries has collapsed into administration, sparking fears over oil supplies and jobs.

State Oil — the parent company of Prax Group, which owns the Lindsey refinery in North Lincolnshire, England — appointed administrators on Monday.