Valero Reports Operational Snag, Flaring at Texas Oil Refinery
By Dan Molinski
Valero Energy reported an operational disruption and flaring of gas emissions over the weekend at its oil refinery in Corpus Christi, Texas.
"An upset occurred in a Sulfur Recovery Unit that initiated protective safety shutdown sequences, which included routing of process gases to facility flares to minimize emissions to the extent possible," the refinery said in a filing to the Texas Commission on Environmental Quality, noting the incident happened Saturday and lasted more than three hours.
"Sulfur shedding procedure was utilized in an effort to reduce the acid gas loads and return SRU trains to service," the refinery said.
Valero's 293,000-barrel-a-day Corpus Christi refinery is made up of eastern and western plants that are located within miles of each other and handle different types of crude oil. This incident happened at the West Plant.
Write to Dan Molinski at dan.molinski@wsj.com
(END) Dow Jones Newswires
September 25, 2023 08:36 ET (12:36 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.-
These Stocks Are (Still) Powering the Bull Market
-
5 Undervalued Energy Stocks to Play the AI Data Center Demand Boom
-
After Earnings, Is Lowe’s Stock a Buy, Sell, or Fairly Valued?
-
5 Stocks With the Largest Fair Value Estimate Cuts After Q1 Earnings
-
10 Stocks With the Largest Fair Value Estimate Increases After Q1 Earnings
-
Markets Brief: Inflation Back in the Spotlight
-
AI Is Booming, but Consumer Spending Is Slowing. Which Will Prevail in the Stock Market?
-
What’s Happening In the Markets This Week
-
3 Dividend Stocks for June 2024
-
After Earnings, Is Alibaba Stock a Buy, Sell, or Fairly Valued?
-
MongoDB Earnings: Slashing Valuation as Execution and Macro to Blame for Lower Guidance
-
Marvell Earnings: We Raise Our Medium-Term AI Forecast and Bring Our Valuation Up to $75
-
Zscaler Earnings: Impressive Traction in Emerging Products Drives Sales Growth for the Quarter
-
Dell Earnings: Raising Valuation on Strong AI, but the Stock Remains Severely Overvalued
-
After Earnings, Is Nvidia Stock a Buy, Sell, or Fairly Valued?
-
The 10 Best Companies to Invest in Now