Financial Wire

Viva Energy Group Refinery in Geelong on Fire

-- A fire erupted at Viva Energy Group's (ASX:VEA) oil refinery in Geelong overnight and firefighters are still working to bring it under control, multiple media outlets reported Thursday.

The facility, one of only two refineries that is still operating in Australia, has a processing capacity of 120,000 barrels of oil per day, the Australian Financial Review reported. It reportedly accounts for 10% of Australia's fuel supply and 50% of the fuel used in Victoria.

All Viva Energy staff at the location have been accounted for, and no injuries have been reported so far, according to the reports.

Australian Energy Minister Chris Bowen said the fire appears to be an accident and will impact fuel production in the country. An investigation into the incident will follow.

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