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
After the warmest Halloween on record, it's all about to go rapidly downhill!
An artist has created a tribute portrait of late presenter Lynda Bellingham made entirely from beef Oxo cubes.
A speed camera on a busy stretch of road in Swansea is catching 200 drivers a day - but so far none have been fined.