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Chevron pays a high price for refinery

By Daniel Weintraub
Article Launched: 08/14/2008 12:37:32 AM PDT

RICHMOND - From the corner of Standard Avenue and Main Street at the big Chevron oil refinery in this gritty city by the bay, the pipes seem to stretch forever in every direction. Carrying crude oil, gasoline and everything in between, they snake for miles through the refinery - 8,000 miles, almost three trips across the United States. That's how massive this place is.

Every third car driving on Northern California roads is powered by gas from Chevron's plant. Almost every quart of motor oil sold on the West Coast has ingredients from here.

The scale of the refinery is a testament to our oil-driven society.

Chevron's record profit fleeting?



SAN RAMON — Chevron Corp. rocketed to record quarterly profits of $5.98 billion, the oil giant reported Friday, but analysts warned that the San Ramon firm's profit gusher may ebb if sky-high oil prices morph into a temporary oil bubble.

Profits for the second quarter jumped 11 percent from a year ago, Chevron said. Yet the per-share profit of $2.90 fell short of Wall Street's expectations of $3.03. Chevron's shares fell 25 cents, or 0.3 percent, to finish at $84.31.

Still, analysts were pleased about the report overall.

"These numbers were great," said Robbert Van Batenburg, head of research with Louis Capital Markets.

Richmond leaders to sit on committee distributing $10 million from Chevron



In a vote shouted down by the audience, Richmond city leaders appointed themselves to a committee that will decide how $10 million from a community benefits agreement with Chevron will be spent.

Council members Nat Bates, Ludmyrna Lopez and Harpreet Sandhu will sit on the committee. Councilman John Marquez will serve as the alternate.

Richmond leaders to sit on committee distributing $10 million from Chevron


In a vote shouted down by the audience, Richmond city leaders appointed themselves to a committee that will decide how $10 million from a community benefits agreement with Chevron will be spent.

Council members Nat Bates, Ludmyrna Lopez and Harpreet Sandhu will sit on the committee. Councilman John Marquez will serve as the alternate.

Chevron: No harmful impact from sulfur spill at Richmond refinery

By Robert Salonga

RICHMOND — A sulfuric acid spill at the Chevron refinery this morning has caused no injuries or adverse effects to surrounding areas, the company said.

A leak in a pipeline containing the chemical was discovered around 8:10 a.m. and involved about 1,000 pounds of the liquid, said Chevron spokesman Walt Gill.

Because the sulfuric acid was in liquid and not vapor form, there was no harmful odor emitted, Gill said. Crews have been dispatched to clean up the spill.

Even though the spill did not cause any significant damage or harm, Gill said, the volume of the spill required the company to report it to county and state authorities.

Reader's Forum: Dissenting view on Chevron refinery vote



NOT SINCE 1994 when another billion dollar Chevron project was up for approval, has the Richmond City Council rolled over so completely as it did on July 16 when a five-person majority (Maria Viramontes, Nathaniel Bates, Ludmyrna Lopez, John E. Marquez and Harpeet Sandhu) certified a fatally flawed EIR, gutted essential conditions from a use permit and adopted a "Community Benefits Agreement" — all these actions leaving stunned Richmond residents asking "Who is representing us?"

Richmond council OKs Chevron refinery plan

(07-17) 09:09 PDT RICHMOND -- A sharply divided Richmond City Council approved on Thursday Chevron's controversial plan for a major upgrade of its century-old refinery and accepted $61 million from the oil company for community programs.

The council voted 5-4 to approve a conditional use permit for Chevron to replace a hydrogen plant, install new hydrogen-purifying equipment, build a new cogeneration power plant and replace other antiquated machinery.

"We're pleased with the vote and look forward to moving ahead with construction," said Dean O'Hair, a Chevron spokesman. "This project will make us more efficient and reliable than we already are."

Richmond City Council approves Chevron's plan to upgrade refinery by 5-4 vote



A divided Richmond City Council early Thursday morning approved Chevron's contentious plan to replace decades-old equipment at the local refinery, as well as a separate agreement for the oil company to provide $61.6 million for public safety, low-income healthcare and other services.

Environmental activists, who say Chevron's plans pose a public health risk that has not been fully studied, immediately shouted 'Shame on you!' from the audience and vowed to vote councilmembers out of office.

Councilwoman Ludmyrna Lopez defended the decision, saying a series of measures will require Chevron to cut emissions and other impacts.

Opponents of Chevron Upgrade Promise Lawsuit

RICHMOND, Calif. (KCBS/AP)  -- Environmentalists have vowed to fight the Richmond city council’s decision to allow Chevron to upgrade equipment at its refinery.

After an emotional city council meeting that lasted until 2 a.m., the council on Thursday voted 5 – 4 in favor of an upgrade that Chevron officials said would allow them to generate less pollution and refine a wider range of oil.

Jessica Tovar of Communities for a Better Environment asserted that the environmental impact report submitted to the city was incomplete.

More Richmond Council Hearings On Chevron Upgrade

 RICHMOND (CBS 5 / AP) ― Richmond officials continued holding hearings Wednesday night into a request by Chevron to upgrade a refinery it operates in the city.

Hundreds of people on both sides of the issue jammed into Richmond City Council meetings on both Tuesday and Wednesday nights.

Chevron wants to upgrade its facility by building a new power plant, hydrogen plant and reformer.

Representatives of the oil giant said the improvements would allow the refining of a wider range of oil.

But environmental groups argued the project would allow the company to refine heavier crude oil that would increase pollutants in the area.
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