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Reuters reported a small fire explosion hit Petropiar heavy oil upgrader at the 180,000 barrel per day facility.
Reuters reported a small fire explosion hit Petropiar heavy oil upgrader at the 180,000 barrel per day facility.
As quoted in the market news:
Petropiar is a joint venture between state oil company PDVSA and U.S. oil company Chevron . Venezuela’s four upgraders convert tar-like crude from the OPEC nation’s Orinoco belt into lighter, more valuable oil.