Azerbaijan, Kyrgyzstan enter 'new stage' with alliance treaty
Azerbaijan and Kyrgyzstan have elevated their relations to an allied partnership level with the signing of a new treaty during President Ilham Aliyevâ...
Chevron has extinguished a large fire at its El Segundo refinery after an evening explosion in a jet fuel unit forced multiple processing units offline. No injuries were reported, and all personnel were accounted for, the company said.
Chevron’s 285,000-barrel-per-day El Segundo refinery, the second largest in California and the company’s second-biggest in the U.S., took several units offline on Friday following a major blaze that began on Thursday night in the Isomax 7 unit, which upgrades mid-distillates into jet fuel.
Consultancy data cited by traders indicated shutdowns at the 60,000 bpd catalytic reformer, the 45,000 bpd hydrocracker and the 73,000 bpd fluid catalytic cracker, while crude distillation units remained online. Chevron confirmed the fire was out and said all workers and contractors had been accounted for.
Los Angeles Mayor Karen Bass said there was no known impact on the Los Angeles International Airport. LAX declined to comment. The refinery supplies roughly a fifth of California’s motor fuels and about 40% of jet fuel consumed in southern California, including LAX.
Market participants expect aviation to feel the sharper pinch. Analysts said jet fuel prices jumped about 33 cents per gallon on Friday afternoon, while California petrol prices are seen rising modestly, by roughly 5 to 15 cents per gallon for now, as the main petrol-making unit was not directly affected. California’s nearly 28 million drivers were already paying close to $4.70 per gallon on Friday, compared with a national average under $3.22.
To cover lost output, traders said California will likely pull in more jet fuel cargoes from Asian refiners, particularly South Korea, Taiwan and Japan. The Long Beach area had recently been receiving around 45,000 to 50,000 bpd of jet imports and may need at least one additional shipment in the coming weeks.
The incident lands as the state’s refining system faces tighter balances over the coming months. Phillips 66 is winding down its 139,000 bpd Los Angeles-area refinery for permanent closure, and Valero’s Benicia refinery is set to close in April 2026. Together, those plants produce about one-fifth of California’s petrol supply. Analysts said the El Segundo fire could amplify the pre-existing tightness and support regional fuel prices as operators and buyers prepare for the December shutdown.
Local officials reported no evacuation orders for neighbouring residents, though Manhattan Beach advised a shelter-in-place until 2 a.m. Social media videos showed a large fireball and an orange sky over western Los Angeles as safety flares were activated to burn off hydrocarbons that could not be processed normally.
State and federal safety agencies said they will investigate the cause of the explosion and fire. El Segundo last reported an isolated fire in December 2022. Industry trackers noted several U.S. refinery incidents in 2025. The facility’s total storage capacity is about 12.5 million barrels across roughly 150 major tanks, though sources could not confirm current jet fuel inventories.
Saudi Arabia said its overnight strikes on Iran-backed group targets in Iraq were carried out in self-defence and warned it would take further military action if the groups launched new attacks against the kingdom.
The U.S. military said it completed its latest wave of strikes on Iran, a two-hour operation that hit dozens of targets. Washington described the strikes as a "powerful response" to Iranian missile attacks targeting U.S. forces in the Middle East a day earlier.
A fire involving two gas vessels at Egypt's Damietta port has prompted conflicting reports over whether the incident was caused by a drone strike or an onboard technical fault. Egyptian authorities said there were no casualties.
Thousands of migrants have crossed into the Spanish exclave of Ceuta from Morocco, overwhelming border security and prompting local authorities to call for a national emergency and military deployment.
The death toll from the powerful earthquake that struck Japan’s southwestern Kumamoto prefecture has risen to 30, Prime Minister Sanae Takaichi said on Thursday, as water and power shortages left survivors exposed to extreme summer heat.
Carlos Cordeiro, senior adviser to FIFA president Gianni Infantino, has resigned with immediate effect in protest over proposals to sell a stake in the FIFA World Cup, calling the plan "a bad deal for football."
Ukraine targeted a warehouse belonging to Russia’s largest retailer, Wildberries, and an oil refinery overnight, while Moscow said its forces struck a ship carrying military cargo in the Black Sea.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 31st of July, covering the latest developments.
At least 18 coal miners have been killed and 14 others remain trapped after a powerful methane gas explosion caused part of a mining complex to collapse in Pakistan's southwestern Balochistan province, officials said on Thursday.
U.S. President Donald Trump has announced what he described as a "historic" agreement to end the war in Gaza, saying his Board of Peace had secured a deal for the phased disarmament of Hamas and all other armed groups in the enclave.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment