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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 ...
Oil supermajor BP PLC (NYSE: BP) has been seeking a buyer for its massive Texas City, Tex., refinery for nearly a year. The sale is part of the company's effort to shed $38 billion in assets to ...
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]
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.
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 ...
The former Amoco oil refinery at Texas City, Texas, was beset by environmental issues, including chemical leaks and a 2005 explosion that killed 15 people and injured hundreds. Bloomberg News described the incident, which led to a guilty plea by BP to a felony Clean Air Act charge, as "one of the deadliest U.S. industrial accidents in 20 years."
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