Massive Exxon refinery fire poses new threat to oil demand

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Massive Exxon refinery fire poses new threat to oil demand
https://www.chron.com/business/energy/article/Fire-at-Massive-Exxon-Refinery-Poses-Threat-to-15051361.php
February 12, 2020

A fire broke out early Wednesday at Exxon Mobil Corp.’s Baton Rouge oil refinery in Louisiana, halting production at the fifth-biggest fuel-making plant in the U.S.

The outage at the massive complex -- which supplies fuels across the southeast U.S. and all the way to New York Harbor -- means the refinery needs fewer barrels of crude oil, depressing a market already reeling from the coronavirus crisis in China. But it could help ease a gasoline glut in the Gulf Coast, where stockpiles hit a record in late January.

The Baton Rouge fire is the third blaze in the Gulf Coast region for Exxon in less than a year, and comes after the company posted the worst quarterly profit in almost four years. Earnings at its refining and chemical business slumped by a combined $6.5 billion in 2019, and the oil giant is pursuing asset sales and even cracking down on employee travel to tide over the turmoil....

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Flaring expected at ExxonMobil Thursday as BR refinery gets back to normal following inferno
https://www.wbrz.com/news/fire-at-exxon-in-baton-rouge-extinguished-following-overnight-inferno/
February 13, 2020

ExxonMobil says passersby may notice flaring at its Baton Rouge refinery Thursday. The flaring is part of normal operations and is no cause for alarm, ExxonMobil said....

...Shortly after the fire broke out, the Baton Rouge Fire Department was on the scene, arriving just after midnight. Exxon posted on Twitter that its fire crew had the blaze contained to the area where it occurred.

There were no injuries, and specific information related to the cause of the fire has not been released.

The Baton Rouge Fire Department said there was no off-site impact, but officials are continuing to monitor the facility fence line and surrounding areas of the North Baton Rouge community....