Chevron has resumed operations in a unit at its Bay Area refinery that was shut down after a massive fire last year.
Chevron said its net income fell 5 percent in the first quarter as oil prices slipped.
U.S. chemical safety investigators are calling on California to strengthen its oversight of refineries and chemical facilities after investigating the cause of an intense fire at Chevron Corp.’s Richmond refinery.
Corrosion that damaged a steel pipe led to a disastrous fire at Chevron’s Richmond refinery last August, oil company officials confirmed in a report released Friday.
Operations are set to resume at a unit of Chevron’s Richmond refinery involved in a major fire last August after state regulators on Friday lifted the order that shut it down.
Chevron Corp. said it has completed repairs at an area of its Richmond refinery that was damaged last year in a fire.
Two East Bay lawmakers have introduced bills in Sacramento meant to address issues that they say came up following last year’s Chevron Refinery fire.
The report concluded that a pipe ruptured due to severe sulfidation corrosion and there was a very low concentration of corrosion-inhibiting silicon in the ruptured pipe.
Chevron says net income rose 41 percent in the fourth quarter as the company produced more oil and gas, improved performance of its refinery business and realized a gain from swapping assets in an Australian natural gas field.
The California Division of Occupational Safety and Health had fined Chevron nearly $1 million for worker safety violations related to a massive Aug. 6 fire at the company’s Richmond refinery.