Home Page
An experienced guide to the world of finance
providing tools and information that help make
best financial decisions
My FinanceGates.com Register
 
Home  | News   |  Business News 



Market News Insurance Billing
Banking Business News World News
Funds Brokerage

Friday March 25, 02:04
Texas City experienced worst ever blast in gas-and-chemical industry
(by Helen Snow)

Texas City experienced worst ever blast in gas-and-chemical industry

Wednesday’s blast at a BP refinery that killed 15 people and injured at least 100 is called the worst gas-and-chemical industry accident in 15 years.

The refining industry is the main priority for Texas City. The facility of London-based BP employs 1,800 people and sprawls across 1,200 acres. It processes 433,000 barrels of crude oil a day, producing 3% of the U.S. supply of gasoline.

After Wednesday’s explosion BP also seems to be the main killer.

Allan Jamail, an official with Pipefitters Union Local 211 in Houston, accused the company of engaging nonunion contractors who "aren’t as well-trained".

BP officials denied that using contractors might be violation of security confirming that the safety record "has improved enormously."

At a news conference at the Texas City Hall Lord Browne, chief executive officer of London-based BP, called the incident "the worst tragedy that I’ve known" in 38 years with the company.

He said that company officials were not sure about the causes, so the company is said to involve experts from other refineries to define what happened.

Three separate investigations of government and independent agencies are conducted in order to clear up the incident.

All business news
Read the related news and articles:
27 May 2005 08:09 AM Oil above $51, gains trimmed by dollar rise
26 May 2005 07:13 AM Oil shoots up on weak US inventory report
25 May 2005 09:28 AM Oil around two-week peak on shutdown of Texas refinery
24 May 2005 08:45 AM Oil around same level as refineries step up output
23 May 2005 10:40 AM Oil prices down on rising US inventories and French refineries resuming production
 


   KEYWORD SEARCH

KEYWORDS:

   SUBSCRIPTION
Join FinanceGates.com mailing list and get news and financial advices on home finance, auto finance, insurances, funds, online payments and much more.


Copyright © FinanceGates.com - independent financial advice and personal finance advice, an InternetGates.com company, 2003-2012. All rights reserved.
Finance Gates provides personal finance advice on banking, insurance, investing and billing.
Reading materials of this site you can be sure that you get independent financial advice.