Taiwan's Formosa Petrochemical Corp plans to reduce the volume of crude processed in February as it delays the restart of a coking unit which was shut for regular maintenance, the company's spokesman said on Friday.
South Africa's struggling state power utility Eskom said on Friday that it would implement scheduled power cuts from 1200 local time (1000 GMT) until Sunday evening.
Chile's state-owned Codelco, the world's largest copper producer, said on Thursday it would once again ratchet up precautionary measures against the coronavirus at its mines amid a recent uptick in infections in the South American nation.
Morgan Stanley-owned E-Trade was experiencing problems on its electronic trading platform late on Thursday, according to outage monitoring website Downdetector.com.
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NEW YORK (Reuters) - BP Plc has given the operator of a Caribbean refinery more time to fully restart and retain its crude oil supply agreement after the plant failed to hit operating targets last year, according to people familiar with the matter.
FILE PHOTO: The installations of the Hovensa petroleum refinery are seen in St Croix, U.S. Virgin Islands June 28, 2017. Picture taken June 28, 2017. REUTERS/Alvin Baez/File Photo
Last month, BP threatened to walk away from a 2018 agreement to supply up to 200,000 barrels per day (bpd) of crude oil and buy the resulting fuels if the Limetree Bay refinery in St. Croix, U.S. Virgin Islands could not bring all its units online by mid-January. The refinery has been idled since 2012.