refinery News

Bankrupt Philadelphia Refinery Expects Second Insurance Payment

Insurers of Philadelphia Energy Solutions (PES) have indicated they will make a second payment of $15 million from its property policy in connection to the June fire and subsequent shutdown of the plant, court documents showed. The payout will be …

Cause of Philadelphia Fire Sounds Alarm Over Aging U.S. Refineries

PHILADELPHIA — How did a piece of piping installed when Richard Nixon was U.S. president go without once being checked before leading to a fire that devastated the East Coast’s largest and oldest oil refinery? That’s a question safety experts …

Safety Board Says Corroded Pipe Led to Philadelphia Refinery Fire

NEW YORK, Oct 16 — An old, degraded piece of metal pipe that had not been tested for corrosion led to a June fire and explosions at the Philadelphia Energy Solutions oil refinery, the U.S. Chemical Safety and Hazard Investigation …

Storm Disrupts U.S. Gulf Coast Energy Operations from Refineries to Terminals

HOUSTON — Energy infrastructure on the U.S. Gulf Coast was hit hard by Tropical Storm Imelda on Thursday, as flooding forced a major refinery to cut production and a key oil pipeline, terminals and a ship channel in Texas were …

Bankrupt Philadelphia Refinery Expects $50M Advanced Insurance Payment

Insurers of a fire-damaged Philadelphia refinery have indicated they would make a $50 million initial advance payment in connection with a June blaze that led to the plant’s closure, court documents showed. The infusion of funds would buy cash-strapped Philadelphia …

Protests Delay Construction of Refinery by Roosevelt National Park

BISMARCK, N.D. — Lawsuits from environmentalists and landowners have made investors skittish and delayed progress another year on the proposed $800 million oil refinery near Theodore Roosevelt National Park in western North Dakota, the developer’s top executive said. Meridian wants …

Unit at Philadelphia Refinery Completely Destroyed in Fire

The alkylation unit involved in a massive fire on Friday at Philadelphia Energy Solutions Inc’s oil refinery has been completely destroyed, which will hamper the supply of gasoline from the U.S. East Coast’s largest refinery, sources familiar with the matter …

Gasoline Surges as Fire Rips Through Philadelphia Refinery

Gasoline futures jumped the most in three months after an explosion and fire at the Philadelphia Energy Solutions oil refinery, the largest on the U.S. East Coast and a key supplier to the New York gasoline market. The fire threatens …

Houston Chemical-Fire Smoke Set to Descend, Closing Schools

About the photo: Residents look on at the plume of smoke rising from a fire at the Intercontinental Terminals Co. petrochemical storage site on Tuesday. As a towering plume of black smoke billowed a mile above Houston for a third …

Chemical Fire Timeline Abandoned as Plume Towers Over Houston

As a towering plume of black smoke billowed a mile above Houston for a third day, local officials said they don’t know how long the petrochemical blaze that sent orange fireballs into the sky will continue. Five tanks holding gasoline …