TOKYO Aug 20 Japan's top oil refiner JX Nippon Oil & Energy said one of the three gas-fired power generating units at its 145,000 barrels per day (bpd) Sendai refinery caught fire late on Sunday, but there has been no impact on refining operations.
The fire at the No.3 gas-turbine unit, with a capacity of about 34 megawatts, had been extinguished by early Monday and there were no injuries, a company official said.
Trending On Reuters
With the crucial GDP data scheduled to be announced along with key corporate results, volatility is expected to prevail in the upcoming week. Disappointment on these fronts may push the Nifty down to the 7,200-7,500 range. Once we witness stability and consolidation, investors should increase their exposure, says Ambareesh Baliga. Full article