Mont Belvieu
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ONEOK Provides Update on Mont Belvieu, Texas Incident
On October 6, 2025, a fire occurred at ONEOK’s Mont Belvieu fractionation complex in Texas, limited to the MB-4 unit’s heating system. No injuries were reported, and operations were temporarily shut down. ONEOK expects to resume operations in all but the MB-4 unit after inspections, with repairs needed for the affected unit. While assessing the damage, ONEOK anticipates no material adverse financial impact, attributing this to its diversified assets. An investigation is underway, and the incident highlights ongoing scrutiny of energy infrastructure safety.