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Husband-and-Wife Team’s Bold Foray Into Oil Refining Crashes

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Jamie Nimmo, Archie Hunter, Rachel Graham

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July 3, 2025

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Bloomberg

When the French oil major TotalEnergies SE was struggling to find a buyer for the Lindsey oil refinery in England back in 2020, an unlikely bidder rode to the rescue: a husband-and-wife team with no track record in refining. Their foray into the industry ended in catastrophic failure this week.

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