Boston, MA 08/28/2014 (wallstreetpr) – It’s a shocking news for BP plc (ADR) (NYSE:BP), as a report in Yahoo! Finance reveals that a fire broke out at BP refinery. Reportedly, an explosion has set fire at a refinery of the company in Whiting, Indiana. Due to the fire, almost all homes in the neighbourhood of the refinery were in a panic.
Statements by the spokesman
Early Thursday, the spokesman of the BP plc (ADR) (NYSE:BP), Scott Dean, spoke on the matter stating that the refinery met “an operational accident” on a process unit. It is situated to the east of Chicago. The accident occurred at the refinery at around 9pm. Also, in a statement, the spokesman mentioned that the plant’s in-house fire department jumped to the rescue and the total fire was extinguished by 10.55 pm. In that span, the fire rattled the nearby homes.
Dean also added to his statement that BP plc (ADR) (NYSE:BP)’s refinery operations were not much impacted with the disaster. It’s only that one of the employees was affected by the disaster and was taken to a hospital. Later, the injured employee was discharged. A Whiting Fire Department spokesperson explained that the explosion could be heard very well several blocks away from the plant.
The company was in news recently
It’s been just a few days that the company appeared on the major news headlines while reporting a significant appointment of the CEO. Again, the company has featured on the news yesterday. It was revealed in a report by Yahoo! Finance recently, that David Lawler had been named by the company as the CEO of its planned U.S. onshore division. His new role will be effective from September 15.
Earlier, the company proposed a spinoff of its onshore oil as well as gas assets in the U.S. The BP plc (ADR) (NYSE:BP)’s decision to hire a new CEO for the unit was completely in sync with the planned spinoff of the U.S. unit into a new company. It is expected to conclude in the following year. Also, the unit holds 7.6 barrels of oil equivalent throughout the 5.5 million acres. Additionally, it has an ‘interest’ in over 21,000 wells.
