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PENN WEST PETROLEUM LTD. T.PWT

"Penn West Petroleum, based in Calgary, Alberta, is an independent Canadian energy company focused on the exploration and production of oil and natural gas resources in Saskatchewan, Alberta, and British Columbia. At the end of 2015, the company reported proven reserves before royalties of 208 million barrels of oil equivalent. Daily production averaged 86,000 barrels of oil equivalent in 2015, at a ratio of 69% oil/31% gas."


TSX:PWT - Post by User

Post by makedonkaon Jun 14, 2017 4:41pm
128 Views
Post# 26363459

Fire breaks out at Mexico's top refinery

Fire breaks out at Mexico's top refinery"A major fire broke out at Mexican state oil producer Pemex's Salina Cruz refinery on Wednesday after a crude spill, injuring nine people and extending the shutdown of the plant into a second day, the company said.

The blaze began in the pump house of Salina Cruz, Mexico's largest refinery, on Wednesday morning, and the company was working to put it out, a Pemex spokeswoman said.

A Pemex spokesman said the fire had not yet reached the refinery's nearby massive storage tanks, adding that efforts were under way to prevent that from happening.

Eight of the injured have been released from the hospital, the company said on its Twitter page.

Images sent by local emergency workers showed a tall, thick plume of black smoke spewing from towering flames at the refinery on the Pacific Coast in the southern state of Oaxaca.

An official at the Oaxaca state emergency services said some of the local neighborhoods near the refinery had been evacuated.

The fire occurred a day after heavy rains prompted the refinery to suspend operations and evacuate personnel.

Tropical Storm Calvin provoked flooding that busted though dams meant to contain a form of heavy oil, causing a spill that later ignited, the company statement said.

It added the blaze had been contained. However, it was unclear when operations might resume.

The refinery has a capacity of 330,000 barrels per day.

For over a year Pemex has been searching for investment partners to boost the aging facility's productivity, but with no takers to date."

[url=https://www.reuters.com/article/us-mexico-pemex-refinery-idUSKBN1952QD?rpc=401&][/url]

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