Wednesday, June 13, 2007

UPDATE 2-Hyperion says plans first US refinery since 1976

(Reuters) - HOUSTON, June 13 - Little-known, privately held
Hyperion Resources Inc. said on Wednesday it plans to build an
$8 billion oil refinery, the first in the United States since
1976, at one of several sites under consideration in the U.S.
Midwest.




Dallas-based Hyperion plans a 400,000 barrels per day
refinery as part of "the most environmentally sound energy
center in the United States" that will include a power plant
fueled by petroleum coke, a refining byproduct.


Read more at Reuters.com Bonds News

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