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Fire near Chevron gas pipeline in California forces shutdown, evacuations

Oct. 18, 2018 12:34 PM ETChevron Corporation (CVX) StockCVXBy: Carl Surran, SA News Editor1 Comment
  • A fire burning near Chevron's (CVX +0.3%) Northern California natural gas pipeline in Pittsburg, Calif., has forced a shutdown of the pipeline and the evacuation of ~4K people in the area.
  • CVX is now preparing to purge the 12-inch pipeline, and once that is done safely, the fire department will work with company officials to contain the blaze, local officials say.
  • The fire is relatively small, but the overriding problem is that it is burning inside a vault very close to the 12-inch natural gas pipeline.

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