Natural Gas Plant Explosions Cause Major Fire in Texas

Before you go, we thought you'd like these...
Before you go close icon

Massive Texas Fire Follows Natural Gas Plant ExplosionsMultiple explosions at a Houston-area natural-gas plant operated by Enterprise Products Partners (EPD) caused a fire that can be seen from dozens of miles away, local television station KHOU-TV reported.

The explosions took place at about 12:25 p.m. local time, KHOU said. The plant is in Mont Belvieu, about 35 miles east of Houston. No injury reports have been released. Chambers County officials haven't called for evacuations, though State Highway 146 near the plant was shut down, KHOU reported.

Houston-based Enterprise Products owns almost 50,000 miles of natural-gas pipelines and has 27 billion cubic feet of natural gas storage facilities. The company hasn't put out a statement about the accident.

Enterprise Products shares were down 2.2% to $42.85 at about 3:45 p.m. EST in New York Stock Exchange trading on Tuesday.

Read Full Story


S&P 500 2,396.95 33.31 1.41%
DJIA 21,135.05 322.81 1.55%
NASDAQ 5,898.99 73.55 1.26%
DAX 12,067.19 232.78 1.97%
NIKKEI 225 19,393.54 274.55 1.44%
HANG SENG 23,776.49 35.76 0.15%
USD (per EUR) 1.06 0.00 -0.04%
USD (per CHF) 1.01 0.00 0.06%
JPY (per USD) 113.62 0.54 0.48%
GBP (per USD) 1.23 -0.01 -0.47%

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners