News
Murco sale ‘close to collapse’
ONLY one bidder remains as a possible buyer for Murphy Oil’s 130,000 barrels-per-day Milford Haven refinery, but the process is close to collapse, a source familiar with the matter said on Sunday.
The refinery, operated by U.S. oil and gas company Murphy Oil subsidiary Murco, is the latest British plant to face closure as the industry battles lower demand and increased competition from new, modern refineries in the Middle East and Asia.
Officials at Murphy Oil were not immediately available for comment. The source told the Herald a last bidder was still in the running to buy the plant as a going concern although the bid was seen as having little chance of success.
Many analysts believe the plant is likely to be turned into a storage terminal.
The refinery has been up for sale for three years, but Murphy Oil has failed to find a buyer for the plant, which employs nearly 400 in West Wales.
It is believed that at least two companies were offered the plant for free, plus a dowry worth tens of millions of pounds.
Fears that the refinery could close follow the battle to save the Grangemouth refinery complex, on the Firth of Forth, Scotland.
A spokesman for the Welsh government said: We maintain regular contact with Murco and will continue to communicate with them about their operation in Wales.
Pembrokeshire councillor John Allen-Mirehouse, former cabinet member for regeneration and economic development on Pembrokeshire County Council said: This is a turbulent time for oil refining and the industry in Pembrokeshire is not exempt from these pressures. I would be horrified if the refinery closed. The jobs there are very skilled, well paid and very important to the community.
The Milford Haven refinery can process up to five million tonnes of crude oil per year. Murco bought 30% of the then Amoco refinery in 1981 and acquired the remaining 70% in December 2007.
It was first reported that the Milford Haven site was threatened last year when Murphy chief executive David Wood said that in the absence of an offer the company was evaluating the potential conversion of the facility into a storage terminal.
Since then, the plants economic performance has slipped further as oil margins in the UK have come under pressure.
In its preliminary results, published on October 30 this year, Murphy Oil planed weaker margins at the Milford Haven refinery for a loss of $22.7m (£14.23m) in its UK refining and marketing operations.
Production at the plant has fallen slightly in the last year to average 126,303 barrels a day over the last month, down from 132,282 barrels a day for the same period the previous year.
The Murco plant is one of two oil refineries in West Wales alongside the Valero plant at Pembroke which was sold by former owner Chevron in August 2011.
The possibility of a shutdown at the Milford Haven refinery is likely to cause fresh concern in Whitehall and with the Welsh Government.
The Scottish Government was quick to meet union leaders and management at Grangemouth, eventually averting the threat of closure.
Murco could not be contacted for comment.
Experts say that the refining industry, which was built up decades ago to convert North Sea crude into petrol and diesel, is struggling as domestic oil production falls and facilities age.
The number of refineries has dwindled from 18 to seven.
Milford Haven is the only refinery left in Murphy Oils empire after the company sold a pair of American sites.
The industry has also been weakened by the rise of diesel-powered cars as many refineries, including Murcos, mostly produce petrol.
In terms of size and complexity, the most marginal refinery Britain is Milford Haven because of its small capacity.
News
Parliament narrowly backs move towards UK-EU customs union
A TEN Minute Rule Bill calling for the UK to negotiate a customs union with the European Union has passed its first Parliamentary hurdle after a knife-edge vote in the House of Commons.
The proposal, brought forward by Liberal Democrat Europe spokesperson Al Pinkerton MP, was approved by a single vote on Tuesday after the Commons split 100 votes to 100, with the Deputy Speaker using their casting vote in favour of the Bill proceeding.
The Liberal Democrats described the result as a “historic victory”, arguing it sets an important parliamentary precedent for closer post-Brexit trading ties with the EU.
The vote saw 13 Labour backbenchers break ranks to support the proposal, alongside MPs from the Liberal Democrats and Plaid Cymru. In Wales, six MPs voted in favour, including Plaid Cymru’s Liz Saville Roberts, Ben Lake, Llinos Medi, Ann Davies, and Liberal Democrat MP David Chadwick, as well as Labour’s Tonia Antoniazzi, the MP for Gower.
However, the majority of Welsh Labour MPs chose not to back the measure. Among those abstaining was Henry Tufnell, Labour MP for Mid and South Pembrokeshire, who did not vote either for or against the Bill.
Other Welsh Labour MPs who abstained included representatives from Cardiff, Swansea, Llanelli, Neath, Newport, the Valleys and north Wales constituencies.
Economic impact of Brexit cited
The Liberal Democrats pointed to analysis from the House of Commons Library, commissioned by the party, which estimates the UK is losing around £250m a day in tax revenue as a result of Brexit-related economic impacts.
The party also highlighted concerns about the effect of Brexit on Welsh trade, citing research suggesting the volume of Welsh exports to the EU fell by around 31% between 2019 and 2024, while EU imports into Wales declined by approximately 20% over the same period.
They argue that small and medium-sized businesses in Wales are particularly exposed to additional trade barriers with the EU, given Wales’ historic reliance on European markets.
Speaking after the vote, Welsh Liberal Democrat Westminster spokesperson David Chadwick MP said the result reflected growing pressure for a change in the UK’s trading relationship with Europe.
“Across Wales, people are crying out for real change and a solution to the cost-of-living crisis,” he said. “A customs union with the EU is the single biggest step the government could take to grow our economy, put money back into people’s pockets and generate billions for our public services.”
Government position unchanged
The vote does not change government policy, and Ten Minute Rule Bills rarely become law without government backing. Labour ministers have so far ruled out rejoining the single market or customs union, citing commitments made during the general election campaign.
However, the narrow margin and cross-party support are likely to add pressure on the government as it seeks to “reset” relations with the EU through negotiations on trade, defence and regulatory cooperation.
For Pembrokeshire, where agriculture, food production, tourism and small exporters form a significant part of the local economy, the debate is likely to resonate, particularly among businesses affected by post-Brexit paperwork, costs and delays.
The Bill will now proceed to a second reading at a later date, though its long-term prospects remain uncertain.
Crime
Van driver avoids ban after speeding on A48
A VAN driver who was caught speeding on the A48 near Nantycaws avoided disqualification after magistrates accepted that a ban would cause exceptional hardship to others.
Norman Andrew Chapman, aged 59, of Rock Drive, Gelli, Pentre, appeared before Llanelli Magistrates’ Court on Monday (Dec 15).
Chapman admitted driving a Ford Transit 350 panel van at 68mph on a dual carriageway subject to a 60mph limit for that class of vehicle. The offence occurred at 1:05pm on April 2 and was detected using laser equipment.
The court heard detailed mitigation outlining Chapman’s caring responsibilities. He helps care for his housebound mother, who is on oxygen, and has taken on additional responsibilities while his brother undergoes cancer treatment. Magistrates were also told he assists a lifelong friend with panic attacks by taking her shopping, and that losing his licence would jeopardise his employment and potentially affect his employer’s business.
Finding exceptional hardship, the court decided not to disqualify Chapman.
He was fined £193, ordered to pay £400 in prosecution costs, and had three penalty points added to his driving licence.
Crime
Harassment case against Milford Haven man dismissed
A HARASSMENT case against a Milford Haven man was dismissed after prosecutors offered no evidence.
David Daley, aged 45, of Murray Road, Milford Haven, appeared before Llanelli Magistrates’ Court on Monday (Dec 15) for trial.
Daley had denied a charge of harassment without violence, relating to allegations that between October 28 and October 30 he persistently sent unwanted messages and attended at the home address of a female in Prioryville, Milford Haven.
No evidence was offered by the Crown Prosecution Service, and the charge was formally dismissed by the court.
-
Crime7 days agoKilgetty scaffolder sentenced after driving with cocaine and in system
-
Crime7 days agoHousing site director sentenced after failing to provide breath sample following crash
-
News3 days agoDyfed-Powys Police launch major investigation after triple fatal crash
-
Crime2 days agoMan sent to Crown Court over historic indecent assault allegations
-
Crime7 days agoMotorist banned for three years after driving with cannabis in system
-
Crime4 days agoMan spared jail after baseball bat incident in Milford Haven
-
Education6 days agoTeaching assistant struck off after asking pupil for photos of her body
-
Crime2 days agoMilford Haven man admits multiple offences after A477 incident








