Valero restarts Port Arthur refinery units after fire hits Q2 production
Updated
Updated · MarketWatch · Apr 30
Valero restarts Port Arthur refinery units after fire hits Q2 production
15 articles · Updated · MarketWatch · Apr 30
At the 424,000-barrel-a-day Texas plant, the larger crude unit, fluid catalytic cracker and alkylation units are being restarted, while throughput should be fairly normalised by 1 May.
The diesel hydrotreater damaged in the 23 March fire has no rebuild timeline, and an adjacent kerosene hydrotreater is expected back in the third quarter.
Valero said global jet fuel supply is extremely tight, prompting efforts to raise jet output, while first-quarter refining income rose to $1.8bn from a $530m loss a year earlier.
How will Valero’s Port Arthur disaster and refinery restart impact global fuel supplies and local communities amid ongoing Middle East tensions?
Will the surge in jet fuel demand and refinery outages drive lasting changes in global energy markets and environmental policy?
Could a shift to stricter refinery safety standards or alternative fuels prevent future disasters like the Port Arthur explosion?