Shell says Norco, Louisiana chemical plant upset triggers flaring
- Top 10 News for 12/2: Crude Rips on OPEC Cut; Starbucks' Schultz Steps Down; Nonfarm Payrolls Flat in Nov.
- Unemployment Rate Drops to 4.6%
- Bond yields slip on U.S. jobs data, euro steady before Italy vote
- Alibaba (BABA) Founder Jack Ma Discuss Plans to Retire; 'I Don't Want to Die at the Office'
- Starbucks Coffee (SBUX) CEO Howard Schultz to Step Down, Appointed Executive Chairman; Kevin Johnson New CEO
Get daily under-the-radar research with StreetInsider.com's Stealth Growth Insider Get your 2-Wk Free Trial here.
HOUSTON (Reuters) - Royal Dutch Shell Plc said flaring on Thursday at the Norco, Louisiana manufacturing complex shared with the Motiva Enterprises [MOTIV.UL] refinery was due to an upset in Shell's chemical plant.
"The issue is said to be resolved, but flaring for next hour or so," Shell spokesman Ray Fisher said in an email at 11:39 a.m. CDT (1639 GMT) on Thursday.
The refinery and chemical plant share the safety flare system at the complex. When the flare goes off it is sometimes reported as being due to a malfunction at the refinery.
Shell is set to take over control of the 237,700-barrel-per-day refinery when Motiva co-owners Shell and Saudi Aramco divide the company's three refineries on April 1, 2017, Motiva has said.
(Reporting by Erwin Seba; Editing by Paul Simao)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- In fear after attacks, gay Bangladeshis retreat into closet and flee abroad
- Trump to meet with retired U.S. Admiral Stavridis on Thursday
- Wall St. stock futures fall after Italy referendum
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!