AN Truck Blast Kills One in Arkansas, Injures Three Others

A tanker truck carrying ammonium nitrate exploded in southern Arkansas on the morning of March 27, killing the driver and injuring three firefighters, according to local media reports. The explosion occurred at 7:30 a.m. on U.S. Highway 287 west of Camden, according to KATV News. A statement from the Arkansas State Police confirmed the victim as Randall McDougal, 63, of El Dorado, who was employed by Blann Trucking Company of Hampton. Police said the truck was carrying ammonium nitrate from El Dorado to Texarkana.

The police statement said area fire department personnel were notified at about 6:40 a.m. that the truck’s brakes were on fire and the driver was attempting to extinguish the blaze. The first fire department personnel on the scene had begun to evacuate residents who live in the area and reportedly witnessed McDougal return to the truck when it exploded. The blast produced a large mushroom cloud and left a crater that spans the width of the highway, which remains closed until further notice. Nearby Highway 57 and Highway 24 were also closed, but Highway 24 has since been re-opened.

Potential Saudi Aramco, SABIC Deal Reported

Saudi Aramco is close to an agreement to buy a majority stake in Saudi Basic Industries Corp. (SABIC) from the kingdom’s sovereign wealth fund as the world’s biggest oil firm turns its attention to petrochemicals, according to Bloomberg, citing people familiar with the matter. An announcement on the proposed transaction, which could value the Public Investment Fund’s 70 percent stake at about $70 billion, may be announced in the coming days. However, no final decisions have been made and the timing and price of the deal could still change.

Disclaimer of Warranty
All information has been obtained by Green Markets from sources believed to be reliable. However, because of the possibility of human or mechanical error by our sources, Green Markets or others, Green Markets does not guarantee the accuracy, adequacy, or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information.

For additional details visit our Terms of Use.