Market Weekly: Aug 14-Aug-18-2017


Fire put out at major PetroChina refinery in Dalian, China

A huge fire that broke out on Thursday at a major PetroChina ($PTR) refinery in northeastern China reportedly has been extinguished by more than 600 firefighters with no casualties.

The blaze at the plant’s 1.4M metric tons/year catalytic cracker comes just two months after the Dalian refinery finished a planned major maintenance.

The refinery in Liaoning province has three crude distillation units with total processing capacity of 410K bbl/day of crude oil.