Showing posts with label Essar Energy. Show all posts
Showing posts with label Essar Energy. Show all posts

Sunday, June 5, 2011

Chevron's Welsh refinery buyer considers impact of fatal blast

The prospective buyer of Chevron's oil refinery in Wales is examining whether an explosion which killed four people at the site this week could affect the deal.

Valero, a US refining giant, agreed to buy the plant for $730m (£445m), plus $1bn for oil stocks and other businesses in March. The deal is due to close in the third quarter of this year.