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Chevron Cut Calif. Gas Production Following Fire

Chevron Corp. (CVX)’s Richmond refinery, the largest in northern California, is running a gasoline-making unit at about 60 percent capacity following an Aug. 6 fire that shut the crude unit, a person familiar with production said.

The 240,000-barrel-a-day plant is operating the fluid catalytic cracker, which processes vacuum gasoil into gasoline and lighter products, off of feedstock stored in tanks, said the person, who asked not to be identified because the information isn’t public. The refinery is also running one of two units at an Isomax hydrocracking complex at 60 percent capacity and the lube plant at low rates, the person said.

Source: Businessweek. Read full article. (link)

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