Downstream market braces for $1.5bn loss from Martinez fire
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Downstream market braces for $1.5bn loss from Martinez fire

This publication revealed in February the incident was expected to lead to a major claim.

By Samuel Casey
September 17, 2025
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The downstream energy market has reserved for a $1.5bn loss from the Martinez refinery fire earlier this year based on the schedule of restarting operations at the refinery, Insurance Insider can reveal.

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