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On December 9, BP said they would put in place a budget of $1 billion to be spent over five years to improve safety at their Texas City refinery. [159] [163] BP also said that it would eliminate all blowdown drums/vent stack systems in flammable service, of which there were 11 at Texas City, and install new flares in line with their new policy ...
Amoco Corporation merged with BP and became BP Amoco PLC (Public Limited Company) in 1998. In 2001 BP Amoco PLC was renamed to BP PLC. [2] Marathon Petroleum purchased its original 84,000 bpd Texas City Refinery from Plymouth Oil Company in 1962. What remains operating today is an integrated part of the Galveston Bay Refinery, nicknamed Bay Plant.
Manzoni started to work for the oil and gas company BP in 1983. [2] In 2000, he was a group vice president at the company. [3] He was chief executive for refining and marketing at BP at the time of the Texas City refinery explosion in 2005, in which 15 people were killed and 170 injured. [4]
Marathon Petroleum Corp. (NYSE: MPC) announced this morning that it has purchased the 451,000 barrel per day Texas City refinery from BP PLC (NYSE: BP) for $598 million. Included in the sale are ...
In August 2010, the Texas Attorney General charged BP with illegally emitting harmful air pollutants from its Texas City refinery for more than a month. BP has admitted that malfunctioning equipment led to the release of over 530,000 pounds (240,000 kg) of chemicals into the air of Texas City and surrounding areas from 6 April to 16 May 2010.
In early 2010, BP billed Anadarko more than $272 million as a partial payment for its share of cleanup and response costs in the Gulf. [34] In May 2011, MOEX Offshore, a subsidiary of Mitsui and owner of a 10% non-operating ownership interest in the Macondo Prospect, settled claims with BP for $1.07 billion. [35]
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