Curacao is consolidating its state-owned energy assets and selling inventory amid uncertainty over restarting its oil refinery. State-owned RdK, the owner of the 335,000 b/d Isla refinery, is closing its money-losing refinery utilities subsidiary CRU as of 30 September. At the same time, RdK is starting to sell 865,000 bl of locally stored Venezuelan crude, products and blendstock that it acquired from CRU at an 11 June auction. "RdK is in the process of preparing batches of several products," the company told Argus, adding that some are ready for sale and are under negotiation. The refinery and associated Bullen Bay ... (full story)