Chevron Confirms El Segundo Refinery Fire Out, Implements Operational Changes

Chevron (NYSE:CVX) said Monday that the fire that broke out at its El Segundo refinery has been completely extinguished, and crews remain on-site managing the aftermath of the incident, which occurred on Friday.

“With the fire completely extinguished, we will be making operational adjustments to support the continued safe and reliable operation of our facility,” the company stated.

According to Chevron, the operational adjustments are intended to ensure a stable fuel supply across Southern California, where the refinery plays a key role in meeting regional demand. The company added that refinery personnel continue to respond to the situation as part of ongoing safety and recovery efforts.

Chevron stock price

This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.


Posted

in

,

by

Tags: