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Collapse of oil refinery deal “devastating news”

A deal aimed at securing the future of an oil refinery has collapsed, threatening hundreds of job losses. Welsh and UK Government ministers expressed their disappointment that an agreement to safeguard the future of the Murco refinery at Milford Haven in West Wales could not be achieved.

Around 400 jobs are now at risk in Milford Haven. Credit: ITV News

Pembrokeshire County Council says it is liaising with other agencies, such as Job Centre Plus and Pembrokeshire College in order to offer as much assistance as possible to the refinery employees and the supply chain companies.

Council Leader, Council Jamie Adams, said the announcement by Murphy Oil was “devastating news” for the workforce and their families, especially as the sale of the refinery seemed to have been agreed earlier this summer.

“We will be doing everything we can to soften the blow for the individuals affected,” he said.

Murphy Oil: Refinery in 'period of shut-down'

US firm Murphy Oil Corporation said its wholly owned subsidiary, Murco Petroleum Limited, was unable to complete the sale of the Milford Haven refinery and terminal assets to Klesch Refining Limited by a deadline of October 31.

"The refinery is currently in a period of shut-down, and will be decommissioned and operated solely as a petroleum storage and distribution terminal. The company will seek a buyer for the terminal facility along with three inland terminals. The sale of the company's retail assets is unaffected by the inability to sell the refinery," it said a statement.


'Work will not stop to find new owner', says economy minister

Economy minister Edwina Hart said the work will not stop to help find a buyer for the Murco site.

Her comments come as the Welsh and UK Government announced an agreement by Swiss-based Klesch Refinery Ltd to buy the site had collapsed, leaving hundreds of jobs at risk.

“This is a devastating blow to staff at the Murco refinery and companies within the refinery’s supply chain, as well as the local communities around Milford Haven. “Our support for the Murco refinery and its staff will not stop here. We have been working with management at Murco since 2010 to try to maximise the opportunities for the sale of the refinery.

“We will all continue to work tirelessly with Murco management to maximise the opportunities for employment at the site, ensure the ongoing viability of the terminal and assist to find a new owner.

– Edwina Hart, Economy, Science and Transport

Oil site deal collapse "huge blow" to economy

The Welsh Secretary has expressed his disappointment at the news the deal to buy Milford Haven oil refinery Murco has collapsed.

Stephen Crabb took to Twitter to say he was 'desperately sorry' for Murco staff, whose jobs are now under threat yet again.

Murco refinery deal collapses

Hundreds of jobs at the Murco refinery in Milford Haven are at risk tonight after a deal to buy the site collapsed.

Both the Welsh and UK Government has expressed its disappointment at the news.

400 jobs looked like they were safeguarded when Klesch Refining Ltd agreed a sale to buy the site back in the summer.

The deal was approved by the European Commission in October.

Wales Office minister Baroness Randerson said:

"This is extremely disappointing news for the workforce at Murco and their families.

“Supporting the staff at Murco is now our immediate concern and we stand ready to assist in any way we can."

Police investigate alleged forgery - can you help?

Police investigating an alleged forgery in Milford Haven want to speak to this woman.

Police want to speak to this woman about the alleged forgery Credit: Dyfed Powys Police

A £50 note was used to purchase low value items and change given. The note was later found to be forged.

– Dyfed Powys Police statement

Police believe the woman in the CCTV footage may be able to help with their investigations.

She is described as wearing a white top and black/white patterned trousers.

Anyone who can identify her or provide information is asked to contact PC Anthony Coleman at Milford Haven Police Station on 101.


Hundreds of jobs saved in Murco oil refinery deal

Around 400 jobs have been saved after an agreement over the sale of the Murco oil refinery in Milford Haven.

The deal has been welcomed by Pembrokeshire Council, who have described the sale as 'good news' for Pembrokeshire and Wales.

The Murco oil refinery at Milford Haven Credit: ITV News Wales

The news has also been welcomed by the Minister for Economy, Science and Transport. In a statement today, Edwina Hart AM said: "Today’s announcement is very good news and the first step in securing the long-term future of the Milford Haven refinery."

Wales Minister welcomes Murco oil refinery deal

Stephen Crabb has welcomed the deal on Twitter Credit: ITV News Wales

The Secretary of State for Wales has welcomed the news that a deal has been reached over the future of the Murco oil refinery in Milford Haven.

On twitter, the Wales Minister described the deal between Murco Petroleum Ltd and Klesch Refining Ltd as 'excellent news' for Murco employees.

He added that it is "important to maintain UK oil refining".

Murco oil refinery sale confirmed

It has been confirmed that a sale has been agreed on the Murco oil refinery in Milford Haven.

A deal has been agreed with Klesch Refining Ltd, and is expected to close no later than October.

Murphy Oil is pleased to announce that a deal has been agreed for the sale of the Milford Haven Refinery. We have worked tirelessly to find a workable solution that would see the refinery remain open, and are delighted that a positive outcome has been reached.

– Bryan Kelly, Murphy Oil Corporation

Reports of Murco oil refinery sale

There are reports that an agreement has been reached over the sale of the Murco oil refinery in Milford Haven.

Hundreds of jobs were under threat when a deal to save the site collapsed in April.

The Murco oil refinery at Milford Haven Credit: ITV News Wales

News agency Reuters are this morning reporting that The Klesch Group have agreed to the buy the refinery.

ITV News understands than an announcement over the future of the refinery is due later today.

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