Chevron Says El Segundo Refinery Experienced A Mechanical Issue That Resulted In The Intermittent Use Of One Of The Facility's Safety Flares; It Is Actively Working To Remedy The Issue As Soon As Possible
Portfolio Pulse from Benzinga Newsdesk
Chevron reported a mechanical issue at its El Segundo refinery, leading to intermittent use of a safety flare. The company is working to fix the problem promptly.
December 26, 2023 | 10:53 pm
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Chevron's El Segundo refinery experienced a mechanical issue, causing the use of safety flares. The company is addressing the problem.
The mechanical issue at Chevron's refinery could lead to short-term negative sentiment due to potential operational disruptions or regulatory scrutiny. However, the impact may be mitigated if the issue is resolved quickly and does not lead to significant downtime or safety concerns.
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