The U.S. refining hub of Texas has accounted for at least seven of the 12 separate fire incidents in refineries across the country so far this year.
This included a blaze that killed one worker and injured two others at Marathon Petroleum's Galveston Bay refinery, one of the largest in the U.S. in terms of capacity, on May 15, prompting investigations by federal and state agencies. Just two days later, another fire broke out at Valero's Corpus Christi plant.
Over 47% of total U.S. petroleum refining capacity is located along the Gulf coast, according to the U.S. Energy Information Administration.
2023-09-29 - The Biden administration’s proposed 2024–2029 National Outer Continental Shelf (OCS) Oil and Gas Leasing Program would allow for the “smallest number” of offshore oil lease sales — three — in the history of five-year programs
2023-09-29 - The fate of Venezuela’s U.S. refining arm Citgo Petroleum is closer to reaching a theatrical climax as a court ordered sale date approaches.
2023-09-26 - A U.S. appellate court has ordered that a Gulf of Mexico oil and gas lease sale must take place no later than Nov. 8.
2023-09-26 - As Chinese and Venezuelan relations grow closer, the U.S. scrambles to salvage its failed sanctions strategy against President Nicolás Maduro.
2023-09-22 - Russian wholesale gasoline Ai-92 grade prices fell by 9.7% to $582 per metric ton on Sept. 22 following a government ban on fuel exports.