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.
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The Smith Commission is expected to set out new powers for the Scottish Parliament that could lead to major change for Wales
Remaining largely cloudy through the day with some intermittent drizzle likely in the east
Close interest is being paid in Wales to the recommendations of the Smith Commission for future devolution to Scotland