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Valero seeks to maintain lawsuit against PG&E over refinery outage

February 11/2019

MOSCOW (MRC) -- Refiner Valero Energy Corp is asking a bankruptcy court to allow its lawsuit against PG&E Corp over an emergency shutdown to move forward, arguing the USD75 million case will not interfere with the power producers Chapter 11 proceeding, according to Hydrocarbonprocessing.

In a filing, Valero urged US Bankruptcy Court Judge Dennis Montali in San Francisco to lift the litigation stay on the grounds that the dispute will be more efficiently resolved outside of bankruptcy.

As MRC wrote earlier, in late February 2018, CB&I announced that its CDAlky technology had been selected by Valero Refining - New Orleans LLC for its St. Charles Alkylation Project located in Norco, Louisiana. CB&I's overall scope of supply on the project includes CDAlky technology license, basic engineering and proprietary equipment. When it becomes operational in 2020, the new CDAlky unit will produce 25,000 BPD alkylate from FCC-derived olefin feedstocks.
Author:Margaret Volkova
Tags:crude and gaz condensate, propylene, ethylene, petrochemistry, Valero, USA.
Category:General News
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