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.
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.
More top news
Sunny spells and scattered wintry showers falling as snow over the hills! Turning very wet and windy later.
The family of a 19-year-old man assaulted in Aberystwyth have said he's "desperately ill".
Starting at Cardiff Castle, they will meet members of the public before enjoying a taste of Welsh culture, sport and heritage.