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