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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.
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 ...
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.
Marathon Petroleum Corp. (NYS: MPC) has agreed to purchase BP's (NYS: BP) Texas City, Texas, refinery for a base purchase price of $598 million, plus inventories estimated at $1.2 billion ...
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The explosion was heard 5 miles away from the Valero refinery and rocked buildings within a mile of the plant, according to local media reports. Valero's Texas City refinery hit by explosion, fire ...