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Sale of refinery is close to collapse

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MurcoONLY 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 Oil’s 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 Murco’s, mostly produce petrol.
In terms of size and complexity, the most marginal refinery Britain is Milford Haven because of its small capacity.

 

Education

Haverfordwest High closes early after heat raises safety concerns

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HAVERFORDWEST VC HIGH SCHOOL has closed early today after extreme heat affected wall-mounted soundproofing boards around the building.

The school said several of the boards, including some positioned at height, could become unsafe and fall from the walls.

Pupils were initially moved to safe areas and placed under supervision while the situation was assessed by the school’s site management team and Pembrokeshire County Council maintenance officers.

Following discussions, a decision was made to close the school early so the boards could be removed safely.

School buses were due to arrive at 1.15pm to transport pupils who normally travel home by bus. Children attending a trip at Scolton Manor were expected to return to the school by 1pm.

Parents and carers who usually collect their children were asked to do so from 1.30pm.

Pupils who normally walk home were only permitted to leave after receiving parental permission. Parents could provide permission by sending their child a text message to show their form tutor or by contacting the school reception.

The school said it expected the affected boards to be removed today, allowing the school to reopen as normal tomorrow, Tuesday, July 14.

Parents will be updated through ParentMail if the work cannot be completed as planned.

 

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Entertainment

Open-air theatre brings mystery and musical adventure to Carew Castle

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SUMMER evenings at Carew Castle will be filled with mystery, music and family entertainment as two much-loved stories are brought to life in the historic castle grounds.

Audiences are being invited to pack a picnic, bring a rug or low-backed chair and enjoy professional touring theatre in one of Pembrokeshire’s most atmospheric settings.

Hot drinks and ice creams will also be available during the performances.

The first of this summer’s open-air productions takes place on Thursday, July 30, when the critically acclaimed Pantaloons Theatre Company presents a new adaptation of Sherlock Holmes and The Hound of the Baskervilles.

Featuring live music, audience interaction and inventive theatrical comedy, the production follows Holmes and Watson as they investigate the deadly secret behind the Baskerville family curse.

Suitable for all ages, although parental guidance is advised, the show promises an evening of suspense, mayhem and laughter.

The entertainment continues on Tuesday, August 4, when Immersion Theatre brings its trademark energy to a musical adaptation of The Jungle Book.

Packed with original songs, audience participation and larger-than-life characters, the production follows Mowgli, Baloo and Bagheera on a fast-paced jungle adventure.

The story features cheeky monkeys, a slithering snake and the fearsome tiger Shere Khan.

Recommended for children aged four and above, the show promises a funny, exciting and entertaining evening for the whole family.

Daisy Hughes, manager of Carew Castle, said: “What works so well about outdoor theatre at Carew Castle is the relaxed, sociable feel of it.

“People can bring a picnic, settle in with family and friends, and enjoy professional touring theatre without the formality of a traditional auditorium.

“This year’s productions offer two very different experiences, from the suspense and humour of Sherlock Holmes and The Hound of the Baskervilles to the colour, music and energy of The Jungle Book.

“They are exactly the kind of performances that work beautifully outdoors, with plenty for families and theatre fans to enjoy.”

Gates will open at 5.30pm for Sherlock Holmes and The Hound of the Baskervilles, with the performance beginning at 6.30pm.

The show will run for approximately two hours, including an interval.

For The Jungle Book, gates will open at 4.45pm and the performance will begin at 5.30pm.

The show has an approximate running time of one hour and 25 minutes, with an interval between acts.

Tickets cost £16 for adults and £12 for children aged between three and 16.

A family ticket, covering two adults and two children or three adults and one child, costs £50.

Booking is essential through the Carew Castle website.

Tickets are non-refundable and performances will go ahead in wet weather. Visitors are advised to wear warm, waterproof clothing and bring a torch.

Caption: Live theatre returns to Carew Castle this summer, bringing stories, songs and suspense to the historic grounds.

 

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Crime

Operation Lion returns to tackle summer antisocial behaviour in Tenby

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A JOINT policing operation aimed at tackling antisocial behaviour in Tenby and across Pembrokeshire will return during the busy summer holiday period.

Operation Lion brings together Transport for Wales, Dyfed-Powys Police and British Transport Police to provide an increased visible presence in the area as visitor numbers rise.

The annual operation, first launched in 2015, will run throughout the six-week school summer holidays, with dedicated patrols every Friday, Saturday and Sunday.

British Transport Police officers will patrol Tenby and the surrounding area, working alongside Dyfed-Powys Police to respond to incidents and reassure residents, businesses and visitors.

Transport for Wales security teams will also patrol train services between Tenby and Pembroke Dock, while additional cover will be provided on the final service to Carmarthen.

The operation aims to reduce antisocial behaviour, public disorder and vandalism, while improving public safety through a visible police and security presence.

Organisers say the initiative has helped reduce summer incidents in previous years and has received positive feedback from businesses and communities in Tenby.

Transport for Wales security manager Simon Turton said: “We’re proud to once again support Operation Lion alongside our colleagues from British Transport Police and Dyfed-Powys Police.

“This initiative is a great example of partnership working in action. Through a proactive, community-focused approach, we have helped reduce antisocial behaviour in Tenby and across Pembrokeshire over the years, and we are committed to building on that success again this summer.

“Our aim is simple: to ensure that residents and visitors can enjoy everything these fantastic areas have to offer in a safe and welcoming environment.”

 

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