Tesoro Corp. didn’t adequately maintain equipment at its Anacortes, Washington, refinery prior to an explosion that killed seven workers last April, the U.S. Chemical Safety and Hazard Investigation Board said.
A blast and fire which killed four at Tesoro Corp.'s Anacortes, Washington, refinery today is likely the most fatal accident to strike a U.S. refinery since a 2005 explosion killed 15 people at BP Plc's plant in Texas City, Texas.
A Transocean Ltd. unit was sued by a U.S. agency for its allegedly inadequate response to requests for information related to the April 2010 sinking of the Deepwater Horizon oil drilling rig in the Gulf of Mexico.
Stocks rose, with the MSCI World Index extending its longest advance in 11 months, as a late-day rally in technology shares helped the U.S. market reverse an early drop. The euro gained as a Spanish bond sale eased concern the region’s debt crisis will worsen. Gold rallied.
A federal panel that investigated the fatal 2005 Texas refinery blast that resulted in a $50 million fine for BP Plc hasn’t got the authority to probe the company’s April deep-water drilling disaster, according to rig owner Transocean Ltd.