trending Market Intelligence /marketintelligence/en/news-insights/trending/qrw8fjxynwdkufohunpzow2 content esgSubNav
In This List

Report: Bavarian refinery owner declares force majeure after explosion and fire

Blog

The Big Picture: 2024 Energy Transition Industry Outlook

Case Study

An Oil and Gas Company's Roadmap for Strategic Insights in a Quickly Evolving Regulatory Landscape

Blog

Essential IR Insights Newsletter Fall - 2023

Blog

Cleantech Edge: Five is the new zero for energy transition debt


Report: Bavarian refinery owner declares force majeure after explosion and fire

A Sept. 1 explosion and fire at the 120,000 barrel-per-day BAYERNOIL Raffineriegesellschaft mbH refinery in Vohburg, Germany, will interrupt fuel deliveries from the facility for several weeks, a Varo Energy B.V. spokeswoman told Reuters on Sept. 3.

CNN reported Sept. 1 that the early morning disaster forced about 1,800 residents from their homes.

Bayernoil stated the fire had been brought under control the same day and that through Sept. 3, all but two of the 15 people that had received medical care had returned home. The company is still investigating the cause of the fire.

Acording to S&P Global Platts, Varo Energy owns a 45% stake in the facility, while Rosneft Oil Co. PJSC owns a 25% stake. Eni S.p.A. and BP PLC own 20% and 10% stakes, respectively.

S&P Global Platts and S&P Global Market Intelligence are owned by S&P Global Inc.