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Chevron looks for refinery buyer Chevron looks for refinery buyer
(10 minutes later)
Chevron says it is looking for a buyer for its refinery in Pembrokeshire which employs around 1,400 people.Chevron says it is looking for a buyer for its refinery in Pembrokeshire which employs around 1,400 people.
The US-based company said it wanted to gauge interest in the Pembroke site but said it would not close down.The US-based company said it wanted to gauge interest in the Pembroke site but said it would not close down.
It processes 220,000 barrels of crude oil a day and is estimated to be worth £1.5m a week to the county's economy.It processes 220,000 barrels of crude oil a day and is estimated to be worth £1.5m a week to the county's economy.
Chevron said its intention to look for bids for some of its operations in Europe was part of its global restructuring.Chevron said its intention to look for bids for some of its operations in Europe was part of its global restructuring.
In a statement it said: "To confirm, this process is to determine interest in our operations in Europe.In a statement it said: "To confirm, this process is to determine interest in our operations in Europe.
"No decision has been made to sell any asset at this time."No decision has been made to sell any asset at this time.
"We have no plans to idle any of our refineries."We have no plans to idle any of our refineries.
"Our continuing focus is on operating Pembroke refinery in a safe, reliable and environmentally responsible manner.""Our continuing focus is on operating Pembroke refinery in a safe, reliable and environmentally responsible manner."
Pembrokeshire council said it was "seeking more information and clarification" from the company.