Key Takeaways CVX is working to restart key El Segundo refinery units after a major fire disrupted output.The refinery's partial shutdown sparked a 33-cent jump in jet fuel prices across Southern California.Investigations are underway as Chevron restores operations and stabilizes regional fuel supplies.Chevron Corporation (CVX) is reportedly working to restart several processing units at its massive El Segundo refinery following a fire that forced partial shutdowns last week. The refinery, located near Los ...

Core Insights - BP's Whiting refinery in Indiana is in the process of restarting operations after severe thunderstorms and flooding caused disruptions [1][2][9] - The refinery, which has a capacity of 440,000 barrels per day, is expected to return to normal operating rates by early next week [2][9] - Fuel prices in the Midwest are anticipated to rise due to the operational disruptions, with potential increases of 10-20 cents per gallon in the Great Lakes states and 15-30 cents in Chicago [3][9] Company Operations - The flooding led to visible flaring at the refinery, which will continue as necessary during the restart to ensure safe operations [2] - BP has prioritized employee safety and reliable operations during the recovery efforts [4] Market Impact - Energy analysts warn that until the Whiting refinery is fully operational, fuel prices in the Midwest will likely be affected [3] - The refinery is a critical supplier of gasoline, diesel, and jet fuel to the Midwest region [3]