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 …
HOUSTON — On the east side of Houston, the white plumes of the Texas oil and chemical refineries are a constant backdrop for residents of the Manchester neighborhood. Late at night or early in the morning when plants burn off …
An explosion at a chemical plant near Texas’ Gulf Coast injured three people early Wednesday and led to the shutdown of a waterway connecting oil refineries to the Gulf Coast. The blast involved a processing unit at TPC Group Inc.’s …
CROCKETT, Calif. — Officials were trying to determine Wednesday if a 4.5 magnitude earthquake triggered an explosion at a fuel storage facility in the San Francisco Bay Area that started a fire and trapped thousands in their homes for hours …
Here’s a job any worker would be happy to pass off to a drone: Imagine crawling down a ladder into the vast darkness of a 20-story-high storage tank filled with toxic chemical fumes to spend hours searching for corrosion. More …
Barry weakened to a tropical depression but was set to cause more life-threatening floods through Monday on its march northward. Dangerous flash floods were likely across parts of central Louisiana into far southwest Mississippi on Monday morning. The storm was …
HOUSTON/NEW YORK — Most U.S. refiners whose plants are in the path of Tropical Storm Barry took steps on Friday to keep them running, even as forecasters warned that the second named storm of the season could become a hurricane …
Tropical Storm Barry formed in the Gulf of Mexico and could strike Louisiana as a hurricane Saturday, causing almost $1 billion in damage and worsening flooding in New Orleans. The system, which was about 95 miles (153 kilometers) southeast of …
The rain across the Midwest and Great Plains that’s closed refineries, flooded streets and snarled Mississippi River traffic shows no sign of abating, adding to the U.S.’s wettest 12-month stretch on record. Heavy showers will fall from Texas to the …
MOSCOW/LONDON — Trading houses Vitol, Glencore and Trafigura are caught in the crossfire between Russian oil producers and Western buyers, which have refused to take contaminated Russian crude bought by the traders. At least 10 crude tankers with 1 million …