Day: September 20, 2017

Valero refinery fire forces second shutdown in weeks

(FinancialPress) — Fire forced a shutdown of Valero Energy’s (NYSE:VLO) refinery in Port Arthur, Texas yesterday. The incident marked the second shutdown in the last three weeks, after severe damage along the Gulf Coast from Hurricane Harvey recently caused a two-week shutdown. The fire at the 335,000 barrel-per-day refinery began around midday. It’s not immediately clear whether the blaze was related to the restart process or effects caused weeks prior by the storm. Company officials assert that its emergency response team is on the scene, and that there’s been cooperation with local authorities and relevant agencies. The Port Arthur Fire Department is assisting with fighting the fire at the Valero plant, according to municipal updates. All employees have been accounted for, and there hav...