Happening now: Chevron oil refinery in Los Angeles area on fire

Happening now: Chevron oil refinery in Los Angeles area on fire

According to Pennenergy A fire has broken out at a huge Chevron oil refinery in the Los Angeles area.

Police say the fire erupted late Tuesday night at the Chevron El Segundo Refinery. The company’s website says the 1,000-acre refinery is the largest on the West Coast.

The fire sent smoke into surrounding residential neighborhoods, and police advised that people close their windows.

Dramatic flames could be seen soon after the blaze broke out, but firefighters smothered it with foam, and within about a half-hour there was little visible flame. No injuries have been reported.

Fires at such refineries have had implications for gas prices, though it wasn’t yet clear if this one would.

Chevron was fined nearly $1 million by the state of California for a major fire in 2012 at a refinery in the San Francisco Bay Area.

U.S. oil major Chevron Corporation has announced that its board of directors elected Michael K. Wirth as chairman of the board and chief executive officer, effective February 1, 2018.

Wirth, who is currently vice chairman of the board and executive vice president of Midstream and Development, succeeds John S. Watson, who will retire from the company and its board on February 1, 2018, after 37 years of service, including eight years as chairman and CEO.

Back in late August, reports emerged that Watson might be replaced by Wirth but Chevron refused to comment on the matter.

Commenting on Wirth’s appointment, Watson said on Thursday: “Mike is a proven leader who is ideally suited to lead Chevron into the next chapter of our history.

“He has the right values, knowledge and experience, and has established a strong record of accomplishment in his 35 years with the company.”

Wirth said, “I appreciate the confidence that John and the board have placed in me. Chevron has a proud 138-year history of developing the energy that improves lives and powers the world forward. I am honored to have been selected to carry on that tradition.

“Under John’s leadership, we’ve developed legacy assets in Kazakhstan, Australia and the Permian Basin that will underpin our portfolio for decades to come. John will also be remembered for his plain-spoken and principled views on company business and energy policy matters,” Wirth added.

Wirth joined Chevron in 1982 as a design engineer. Since that time, he advanced through a number of engineering, construction and operations positions. Wirth was named vice chairman of the board of directors in February 2017. He is also executive vice president of Midstream and Development, a position he has held since 2016. Previously, he was executive vice president of Downstream & Chemicals for nearly a decade. Prior to that he served as president of Global Supply and Trading and president of Marketing for Chevron’s Asia/Middle East/Africa business, based in Singapore. He also served on the board of directors for Caltex Australia Limited and GS Caltex in South Korea.

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