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Costs. Approximately $2.5 billion of liabilities for BP. The Texas City refinery explosion occurred on March 23, 2005, when a flammable hydrocarbon vapor cloud ignited and violently exploded at the isomerization process unit of the BP oil refinery in Texas City, Texas, killing 15 workers, injuring 180 others and severely damaging the refinery.
Manzoni started to work for the oil and gas company BP in 1983. [2] In 2000, he was a group vice president at the company. [3] He was chief executive for refining and marketing at BP at the time of the Texas City refinery explosion in 2005, in which 15 people were killed and 170 injured. [4]
BP announced that it was setting up a new unit to oversee management of the oil spill and its aftermath, to be headed by former TNK-BP chief executive Robert Dudley, [67] who a month later was named CEO of BP. [66] On 1 October, BP's London Stock Exchange price reached 439.75 pence, the highest point since 28 May. [68]
Marathon Petroleum Corp. (NYSE: MPC) announced this morning that it has purchased the 451,000 barrel per day Texas City refinery from BP PLC (NYSE: BP) for $598 million. Included in the sale are ...
Complexity index. 15.2. No. of employees. 1550. The Galveston Bay Refinery is an oil refinery located in the Texas City, Texas Industrial Complex on the edge of Galveston Bay. It is the largest oil refinery in North America with a capacity 631,000 barrels per day [1] and has been owned and operated by Marathon Petroleum Corporation since 2013.
A BP spokesman said the cuts of around 540 jobs from the company's 18,000-strong total upstream workforce will be carried out by the end of the year. The 110-year old company is undergoing its ...