petrochemical plants News

U.S. Refiners, Chemical Makers Pare Insurance Coverage as Accidents Boost Costs

U.S. refineries and petrochemical plants are cutting back on insurance because several years of severe accidents have driven up the cost of coverage, industry and insurance sources said. With less insurance coverage for physical damage and business interruption, energy companies …

Study Finds Greenhouse Gases to Billow on Gulf Coast Petrochemicals Boom

HOUSTON, Jan 14 — A multi-billion dollar boom in petrochemical plants proposed along the U.S. Gulf Coast could pump as much greenhouse gas into the air as 131 coal-fired power plants by 2030, according to a study released on Tuesday …