HOUSTON, March 11 (Reuters) - ConocoPhillips said its 139,000-barrel-per-day (bpd) Los Angeles-area refinery in Wilmington, California, was safely shutting down after a complete power failure on Wednesday afternoon.
The company does not yet have a schedule for restarting the refinery, said Conoco spokesman Bill Stephens in a statement.
There were no injuries reported due to the power outage, Stephens said. The cause of the outage was unknown.
'We're working to shut down safely until the problem is resolved and the restart can be done safely,' he said.
The price for gasoline blended to meet California's strict environmental standards initially climbed 1.5 cents on news of the power outage, West Coast refined products traders said.
California blend gasoline had been down 0.5 cent from where it finished on Tuesday before the power failure was reported. It then jumped 1.5 cents to 5.5 cents over NYMEX RBOB gasoline, traders said.
(Reporting by Erwin Seba; Editing by David Gregorio)
((erwin.seba@thomsonreuters.com; +1 713 210 8508; Reuters Messaging: erwin.seba.reuters.com@reuters.net)) Keywords: REFINERY OPERATIONS/CONOCO WILMINGTON (For help: Click 'Contact Us' in your desk top, click here or call 1-800-738-8377 for Reuters Products and 1-888-463-3383 for Thomson products; For client training: training.americas@thomsonreuters.com ; +1 646-223-5546) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The company does not yet have a schedule for restarting the refinery, said Conoco spokesman Bill Stephens in a statement.
There were no injuries reported due to the power outage, Stephens said. The cause of the outage was unknown.
'We're working to shut down safely until the problem is resolved and the restart can be done safely,' he said.
The price for gasoline blended to meet California's strict environmental standards initially climbed 1.5 cents on news of the power outage, West Coast refined products traders said.
California blend gasoline had been down 0.5 cent from where it finished on Tuesday before the power failure was reported. It then jumped 1.5 cents to 5.5 cents over NYMEX RBOB gasoline, traders said.
(Reporting by Erwin Seba; Editing by David Gregorio)
((erwin.seba@thomsonreuters.com; +1 713 210 8508; Reuters Messaging: erwin.seba.reuters.com@reuters.net)) Keywords: REFINERY OPERATIONS/CONOCO WILMINGTON (For help: Click 'Contact Us' in your desk top, click here or call 1-800-738-8377 for Reuters Products and 1-888-463-3383 for Thomson products; For client training: training.americas@thomsonreuters.com ; +1 646-223-5546) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.