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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 ...
A daily look at legal news and the business of law: BP Lawsuits Over Refinery Air Pollution A second BP disaster continues to produce expensive lawsuits. Nearly a quarter of Texas City's residents ...
The spill occurred 1 mile northwest of Falls City, Karnes County, Texas, and entered Marcelinas Creek at flood stage. The spill was generally contained about three miles downstream. The floodwaters transported the oil laterally well beyond the banks of the creek, coating vegetation in these areas with oil as the floodwaters receded.
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."
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 ...
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 ...
March 23, 2005: Texas City refinery explosion. An explosion occurred at a BP refinery in Texas City, Texas. At the time, it was the fourth largest refinery in the United States and one of the largest in the world, processing 437,000 barrels of crude oil per day and accounting for 2.5% of that nation's gasoline supply.
The disaster is the world's most expensive refinery accident. [12] In 2007, a month after the BP report was made public, Manzoni left BP to become the president and chief executive officer of Talisman Energy, an oil and gas exploration and production company. [2] [13] [14] He replaced James Buckee, who had headed the company for 14 years. [15]