Cenovus Energy's Lima, Ohio, Refinery Flaring, but No Fire Event — OPIS

After industry talk of a fire at Cenovus Energy's Lima, Ohio, refinery, the company issued a news release Tuesday afternoon saying that there was no fire, but the facility was experiencing "issue" and additional flaring is being monitored.

The company said that all workers have been accounted for with no injuries, and as the refinery responds, local observers will see larger than normal flaring.

The region is nervous, with ExxonMobil's Joliet, Ill., refinery down and with an FCC down at Cenovus' Toledo refinery. Chicago-sourced reformulated gasoline still fetches 18cts/gal above CME RBOB, giving it temporary status as the most expensive gasoline in the country. Chicago CBOB rallied more than 6cts/gal to about $2.375/gal but it was not clear if it moved on the erroneous reports of a fire.

This content was created by Oil Price Information Service, which is operated by Dow Jones & Co. OPIS is run independently from Dow Jones Newswires and The Wall Street Journal.

--Reporting by Tom Kloza, tkloza@opisnet.com; Editing by Michael Kelly, mkelly@opisnet.com

(END) Dow Jones Newswires

July 30, 2024 18:04 ET (22:04 GMT)

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