Chevron (CVX +0.2%) says it needs a few more weeks to assess damage at its plant in Richmond,...

|About: Chevron Corporation (CVX)|By:, SA News Editor

Chevron (CVX +0.2%) says it needs a few more weeks to assess damage at its plant in Richmond, Calif., and does not yet know how long it will need to repair its crude unit after the August fire that damaged the 245K bbl/day refinery. The plant has run at a "reduced rate" ever since, which has risen only marginally in the following weeks.