Definition of treasurer for English Language Learners. : someone who is officially in charge of the money that is taken in and paid out by a government, business, organization, etc.
On Aug. 27, 1955, an explosion at the Standard Oil refinery in Whiting, Ind., destroyed much of the plant and dozens of homes. The explosion occurred in a âhydroformer,â a 26-story-high tank used to convert low-octane gasoline into high-octane gasoline at what is now a BP refinery.
Valve failure no. 2. About 8 minutes before the explosion, a mixture of mud and gas began pouring onto the floor of the rig. The crew immediately attempted to close a valve in a device called the blowout preventer, which sits on the ocean floor over the top of the well borehole. It did not work properly.