• 6 minutes U.S. Shale Oil Debt: Deep the Denial
  • 12 minutes Knoema: Crude Oil Price Forecast: 2018, 2019 and Long Term to 2030
  • 17 minutes WTI @ $75.75, headed for $64 - 67
  • 2 hours Trump vs. MbS
  • 8 hours Satellite Moons to Replace Streetlamps?!
  • 2 hours Why I Think Natural Gas is the Logical Future of Energy
  • 25 mins Nucelar Pact/Cold War: Moscow Wants U.S. To Explain Planned Exit From Arms Treaty
  • 2 days EU to Splash Billions on Battery Factories
  • 8 hours Can “Renewables” Dent the World’s need for Electricity?
  • 24 hours The Dirt on Clean Electric Cars
  • 21 hours Owning stocks long-term low risk?
  • 1 hour Get on Those Bicycles to Save the World
  • 2 days The Balkans Are Coming Apart at the Seams Again
  • 11 hours Closing the circle around Saudi Arabia: Where did Khashoggi disappear?
  • 2 hours Can the World Survive without Saudi Oil?
  • 2 days The end of "King Coal" in the Wales
Oil Price Rally Revives Offshore Oil Sector

Oil Price Rally Revives Offshore Oil Sector

The offshore sector was one…

Rig Count Rises Amid Oil Price Recovery

Rig Count Rises Amid Oil Price Recovery

The active number of rigs…

Explosion Causes Huge Fire at Thailand's Largest Oil Refinery

Early investigations into the cause of a huge fire at an oil refinery, which happened early Wednesday morning in Bangkok, suggest that an oil or gas leak was to blame.

Anusorn Sangnimnuan, the president of Bangchak Petroleum, the company operating the refinery, announced that “there are no injuries. We assume oil or gas leaked out and somehow it caught fire. I don't think the cause was human error, it was caused by equipment.”

The leak caused an explosion which woke local residents, and then quickly sparked a massive blaze, sending plumes of thick, black smoke into the sky. No injuries have been reported, but local authorities have handed out masks to thousands of people to stop them from breathing in the acrid smoke.

Pongsawat Sawadiwat, the Minister of Industry, replied to the fire by closing the refinery for at least 30 days whilst the cause can be determined and the appropriate repairs made. “Initially the refinery will be shut down for 30 days to investigate the cause of fire,” he said.

The refinery is Thailand’s largest, processing 120,000 barrels of oil per day. Repairs will be made as quickly as possible to avoid the risk of a disruption to oil supplies.

By. Joao Peixe of Oilprice.com


x

Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News