A large fire and explosions were reported at a jet fuel production unit at Chevron's El Segundo refinery near Los Angeles Thursday night.
Large flames and substantial smoke emanated from the fire, which was confined to one area, and contained later.
No one was injured in the incident, Chevron said, adding that the company has informed the concerned authorities. It will investigate the cause of the fire and ensure the safe resumption of operations.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.