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REFINERY NEWS ROUNDUP: Companies in Europe report improving margins, low Q1 rates

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Spain s largest refiner Repsol said it sees refining margins widening in the remainder of the year amid a pickup in activity after the country s state of alert ended May 9. The refining margin is seen averaging $2/b for the full year, rising from 20 cents/b in Q1 and around $1.20/b in April. The company said it made a premium of 60 cents/b over benchmark in Q1 but did not make a forecast for a premium going forward. Its Spanish refinery utilization rate was 76.3% in Q1, down from 82.4% in Q1 2020 but higher than a 73.7% rate in fourth-quarter 2020. The company has reacted by closing a portion of its capacity through 2020 and 2021, taking its Spanish conversion rate down to 81.6% in Q1 from 100.4% in Q1 2020. Repsol also changed some of its contracted positions from a CIF basis to an FOB basis, which has also depressed margins. But while three refineries ....

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Woolly warriors needed to join the Innocent Big Knit

Age UK Lindsey Big Knit EMN-210421-190942001
The Innocent Big Knit campaign is back for its 18th year in partnership with Age UK and woolly warriors are needed once again to craft some little hats to sit on Innocent smoothie bottles.
For each be-hatted smoothie sold, Age UK receives 25p, which will help the charity make a big difference to the lives of older people.
Andy Storer, chief officer of Age UK Lindsey said: “We need people to join us and help knit as many miniature hats as possible to help us hit our 17,500 target.
“It’s been a challenging time for everyone, but this is a really fun campaign to get involved in and it’s a great activity to do whilst we’re all spending more time at home. ....

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Stay warm and save cash advice for over-50s

Emily Brown - Age UK Lindsey s new Information and Advice manager.
With a new Information and Advice manager now in place, the charity is urging anyone over the age of 50 to take advantage of its 10-strong support team.
Now phone-based, due to the continued coronavirus restrictions, the professional advisers can help more people than ever before, with advice from 8am until 7pm 365 days of the year.
They would previously have made a good number of home visits around the extensive area, that takes in East and West Lindsey, and North Lincolnshire, which would take up a considerable amount of time. ....

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400 older residents on Santa's 'nice' list to receive wellbeing packs

Pamela Lambe receives her Christmas surprise from Age UK Lindsey Befriending Administration Assistant Kathryn Pollard.
The wellbeing packs were supplied thanks to funding from the national Age UK organisation and T.E.D. – the National Lottery Community-funded aging better programme in East Lindsey.
Delighted to see so many happy faces as the team knocked on doors right across the district, Projects Manager Liz Brooks said: “In a year when there has been limited things to cheer about it has been a privilege to be able to provide and deliver these.
“One benefit from this unusual year has been the fact that we have been able to demonstrate our support in a different way,” she added. ....

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