- 12 updates
A task force is being created to try to safeguard the future of the 400 workers at the Murco oil refinery in Milford Haven.
The announcement was made by the Welsh Government, and will be lead by Lord Nick Bourne.
It will try to find a buyer for the plant, which owned last week week it was consulting staff over potential closure.
The First Minister Carwyn Jones has visited the Murco plant in Milford Haven today to discuss the company's furture.
Around 400 jobs are at risk at the oil refinery after a potential deal to buy it collapsed.
The First Minister says he will be working with Murco, and the owners of Newport Bakery Avana, to try and save as many jobs as possible.
Unions and politicians have continued to meet today at the Murco oil refinery in Milford Haven in an attempt to secure its future and save 400 jobs.
All eyes are on West Wales, with First Minister Carwyn Jones visiting Murco on Monday and the Welsh Secretary due to host a jobs summit in the region.
Following Murco's announcement yesterday that it was going into a period of consultation, the community around the plant says it fears for the economic future of the whole area.
Preseli Pembrokeshire MP Stephen Crabb is visiting the Murco oil refinery in Milford Haven to meet with staff and management over the plant's future.
Around 400 jobs are at risk after Murco announced yesterday it would be entering into a period of consultation with employees.
Around four hundred jobs are at risk at the Murco oil refinery in Milford Haven after a potential deal to buy it collapsed.
The firm's parent company Murphy Oil Corporation is understood to have been in talks with with a number of companies for more than three years in a bid to find a buyer. But today Murco announced it will be entering into a period of consultation with workers.
Our West Wales correspondent Kevin Ashford has been following this story.
The union Unite has called on the UK government to step in and save the Murco oil refinery in Milford Haven, which is at risk of closure after a potential sale fell through.
The UK and Welsh governments have both spoken of their determination to work together with Murco to safeguard the future of the plant.
Pembrokeshire County Council has said it hold hopes for a "viable, sustainable purchaser to come forward who could guarantee the future of oil refining" at the Murco site in Milford Haven.
Council leader Jamie Adams said it will continue to work with the Welsh Government to offer more support.
The Welsh Government has said it is "very disappointed" by the news that a deal over the potential sale of the Murco oil refinery has fallen through, putting hundreds of jobs at risk.
Economy Minister Edwina Hart said the Welsh Government would continue to work closely with UK ministers, and bosses at Murco, and "the First Minister will be visiting the site at the earliest opportunity to explore all possible options to retain these valuable jobs at Milford Haven."
Welsh Secretary David Jones has said the UK government "very much regrets" hearing that a deal to sell the Murco oil refinery in Pembrokeshire has fallen through.
He said: "We stand ready to support Murco, with a view to securing the future of the plant, and the jobs of the people who work directly and indirectly for it."
Murco says it has spent three years trying to find a buyer for its oil refinery at Milford Haven, amid "a particularly challenging market, caused by declining demand and increased international competition."
The company announced it is today entering a period of consultation with workers, including those who work at the Pembrokeshire plant, and acknowledges this "will understandably be an unsettling time for everyone concerned."
Murco is a subsidiary of the Murphy Oil Corporation, an American company.