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Glencore sues Prax

2026-09-21

Glencore Can Bring $236 Million UK Lawsuit Against Refinery, Court Rules

The UK High Court allowed Glencore to pursue a $236 million claim against insolvent Prax Lindsey Oil Refinery for supplied crude oil. The dispute centers on alleged financial fraud by Prax's former CE

reuters · 2026-09-21 03:40 UTC

2026-09-21

Glencore Allowed to Pursue $230 Million Case Against UK’s Prax

Glencore secured High Court permission to sue insolvent Prax Lindsey Oil Refinery for $230 million in unpaid crude oil, alleging fraudulent procurement to prioritize recovery over other creditors.

bloomberg · 2026-09-21 03:16 UTC

Glencore sues Prax

Glencore Can Bring $236 Million UK Lawsuit Against Refinery, Court Rules

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