BP to answer to refinery fire lawsuit, CFTC questions

09/04/2006
A Texas state district court ordered BP PLC’s Chief Executive Officer John Browne to give a deposition regarding the Mar. 23, 2005, explosion and fire at the company’s 446,500 b/cd Texas City, Tex., refinery that killed 15 people and injured 170 others.Separately, BP confirmed receiving questions from the US Commodity Futures Trading Commission in a civil investigation into whether the company manipulated oil and unleaded gasoline prices on global over-the-counter markets during 2003-04.The fire and explosion occurred at BP’s Texas City refinery’s isomerization unit and involved the raffinate splitter and blowdown drum and stack. A jury trial is scheduled to begin ...
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