Speaking on behalf of his investment consortium, Mr Amram said: “This is a moment for leadership and partnership.
“Labour has made a clear commitment to rebuild Britain’s industrial strength and protect working families.
“Our proposal delivers exactly that — British control, private investment and a stronger, self-sufficient energy future.”
Stopping the closure of the site would also eliminate the need for costly decommissioning.
North Lincolnshire Council had previously suggested a 30-year programme of remediation would be needed if the site closed down.
According to the Local Democracy Reporting Service, the profit-sharing joint venture would ensure returns for both the taxpayer and private investors.
The investment consortium believes it would create a long-term model for how Britain can modernise its energy sector responsibly and sustainably.
As it stands 255 workers directly employed at the refinery will remain employed beyond October and 125 workers were given redundancy notices in September.
The Department for Energy Security and Net Zero said it had funded a Training Guarantee for refinery workers “to support them to find new, secure, long-term jobs, including in the growing clean energy workforce”.
Employees affected by redundancy would be able to enrol in the scheme from October, it added.