Port Arthur, Texas Valero Refinery Erupts in Major Explosion and Fire — Report

robot
Abstract generation in progress

Investing.com - According to local media reports and footage on social media, a massive explosion and fire occurred at a Valero Energy Corporation (NYSE: VLO) refinery in Port Arthur, Texas, on Monday.

Reports and social media posts show a large plume of smoke rising from the fire scene at the refinery, and authorities have issued a shelter-in-place order for parts of the city.

Subscribe to InvestingPro for more major news on U.S. energy stocks

Valero’s facility is one of the largest refineries in the United States, with a reported daily capacity of approximately 380,000 barrels of crude oil.

It is currently unclear whether the facility’s production has been affected. Valero has not immediately responded to requests for comment.

This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin