Wolfe Power Club Podcast
Hosted by experienced Energy Director, Alex Wolfe, the Wolfe Power Club Podcast is where the world’s most critical energy debates come to life. Every Wednesday, we gather leading voices from industry, business, and government to tackle the challenges and opportunities shaping the global energy transition.
Born from frustration with oversimplified narratives, Wolfe Power Club aims to cut through noise and deliver dynamic, solution-focused dialogue. From breakthroughs in sustainable aviation fuel and record years in nuclear trading, to diversity in leadership, we navigate the energy trilemma. Our conversations bring insight, authority and clarity to one of the world’s most vital industries.
Whether you’re in the boardroom, at a trade show, or simply passionate about the future of energy... download, listen and run with the pack!
Wolfe Power Club Podcast
Refinery Economics on the Brink of Bankruptcy
In this week’s episode, our host Alex explores Britain’s shrinking refinery sector, which has fallen from over 20 sites in the 1970s to just 4 today. The Prax Lindsay Oil Refinery is now closing, marking another blow to the industry. Meanwhile, the owners’ fortunes have reversed, shifting from Rich List billionaires to facing a £250 million outstanding tax bill to the UK government. Alex unpacks two decades of refinery shifts across Europe, what keeps them viable, and the real factors driving profitability.
This recent closure brings great sadness to the Wolfe Power Club as we know many of the highly skilled workers were affected. Alex has spent 20 years helping companies and organisations buy, sell and make downstream assets work. This week, we will be doing a deep dive into refinery economics.
Credits
Stunning Evening Drone Footage Of The Lindsey Oil Refinery (Trevor Smith - YouTube)
4K Drone Refineries Port Arthur TX 60fps (TomsDs - YouTube)
Too big too fast: how $10bn UK energy challenger Prax unravelled (Financial Times)
"What Has Gone Wrong?!" | Lincolnshire Oil Refinery To Shut After Owner Goes Bust (TalkTV - YouTube)
July 2025 (Portland Fuel)
Wolfe Power Club is proud to be partnering with the Spectator Magazine to co-host their Energy Summit 2025 on November 24th. If you want to become a potential partner and have the last word on energy debates in 2025, please contact us.
Season Two is in Partnership with The Spectator
Join Alex and Michael Gove as they co-host The Spectator Energy Summit on Monday 24th November in Westminster. Book your tickets for the final word in energy debates in 2025: https://events.spectator.co.uk/#upcoming
Follow Our Socials
Website: https://www.wolfepowerclub.com/
YouTube: https://www.youtube.com/@WolfePowerClub
LinkedIn: https://www.linkedin.com/company/wolfe-power-club/
Instagram: https://www.instagram.com/wolfepowerclub/?hl=en
TikTok: https://www.tiktok.com/@wolfe.power.club
Wolfe Power Club Production Team
Account Manager: Emilia Donovan
Director of Government Relations: Max Austin
Designer: Nick Pelekanos
Editor: Adam Woodward
Social Media Manager: Bella Carter
Recorded at Studio 55 - that has produced Breaking the Taboo and The ABTO Podcast
