March 11, 2010 |
Some of the nation's biggest oil companies are looking at permanently reducing how much gasoline and diesel fuel they make, a move that analysts say would almost certainly trigger higher prices for drivers. Energy companies are suffering huge losses from refining because of slumping gasoline use -- a product of the economic downturn and changing consumer habits and preferences. Energy experts say refining cutbacks have begun and will accelerate as corporations strive for profits. Major refiners have been circumspect about their plans, saying that they are considering options that could include closing refineries, selling parts of their operations, laying off workers and slashing spending.
CALIFORNIA | LOCAL
May 23, 1989
Southwest Carson neighborhood leaders have accused City Council members of subjecting residents to "environmental abuse" by not opposing a controversial project at the Fletcher Oil refinery. Barbara Post charged that council members are too close to industry and fail to heed neighborhood concerns. Fletcher is building a $16-million vacuum distillation unit that will allow production of asphalt at the refinery. Post said Fletcher's 1978 conditional use permit has expired and the project cannot proceed until an environmental impact report is updated.
August 26, 2012 |
CARACAS, Venezuela - An early morning explosion and fire at Venezuela's largest refinery killed at least 39 people Saturday and left the nation's most important source of auto and airline fuel out of commission. Giant flames and columns of smoke continued to billow from the Amuay refinery, about 200 miles west of Caracas, the capital, into the afternoon. The disaster occurred just six weeks before Venezuela's Oct. 7 presidential election, with the efficiency of President Hugo Chavez's government a campaign issue.
CALIFORNIA | LOCAL
May 30, 1989
Gasoline leaking from a connector between two pipes caught fire and sent flames shooting into the air for a short time at the Unocal refinery in Wilmington but caused little damage, fire officials reported. Refinery workers spent several hours shutting off the leak responsible for the blaze that erupted at 5:15 p.m. Monday. The leak spewed out 25 gallons of gasoline a minute until it was halted, Fire Department spokesman Jim Williamson said. A spark from a nearby electrical motor apparentlyignited the fuel, he said.
May 23, 2012 |
WASHINGTON -- The Obama administration announced that BP North America Inc. has agreed to pay an $8-million fine and install more than $400 million in equipment to cut air pollution from an oil refinery in Whiting, Ind., as part of a settlement over alleged violations of the Clean Air Act. The Environmental Protection Agency and the Justice Department said in a statement that the pollution reduction plan, when fully implemented, “is expected to...
September 29, 2009 |
Gasoline prices around the state shrugged off two refinery fires Friday to fall for the second straight week, a federal report showed Monday. Analysts predicted that more price breaks were on the way. The average price of a gallon of regular gasoline in California fell 4.2 cents during the last week to $3.098, which was 57.2 cents below the same week a year earlier, according to the Energy Department's weekly survey of filling stations. That was despite a lack of fresh news regarding the status of Tesoro Corp.
October 28, 2011 |
Chevron Corp. reported its biggest quarterly profit in three years, outperforming other major oil companies, as rising crude prices and proceeds from the sale of a refinery made up for a slump in production. Third-quarter net income more than doubled to $7.83 billion, or $3.92 a share, from $3.77 billion, or $1.87, a year earlier, the San Ramon, Calif., company said in a statement Friday. Chevron was expected to report per-share profit of $3.47, based on the average of 19 analysts' estimates compiled by Bloomberg.
February 23, 2008 |
Another person severely injured in a sugar refinery explosion has died. The death at Joseph M. Still Burn Center at Doctors Hospital in Augusta brings the toll from the Feb. 7 explosion to 10. Hospital spokeswoman Beth Frits said 13 of those injured remain in critical condition and two others are in serious condition.
February 10, 2008 |
As crews pulled another body from the charred remnants of a sugary refinery, families and co-workers waited anxiously for identities of the five dead and the fate of the three men still missing. They also hoped for any sign of recovery among the worst injured in the explosion and fire, which left 20 workers hospitalized with severe burns, 17 of them in medically induced comas. "It's just hours of waiting right now," said Hallie Capers, whose two nephews were in critical condition at a burn center in Augusta, 130 miles up the Savannah River.
April 11, 1989 |
A fire and explosion at Chevron's huge refinery across the bay in Richmond on Monday sent seven plant workers to hospitals and threatened minor disruptions of gasoline and jet fuel supplies in Northern California. The fire, which began with an explosion in the refinery's hydrogen cracking unit, burned out of control for more than four hours before it was declared contained at 5 p.m. Throughout the afternoon, more that 40 Chevron employees and Richmond firefighters battled the blaze, which was being fed by gasoline and hydrogen.