Entering text into the input field will update the search result below

BP restarts crude unit at Whiting refinery

Aug. 25, 2015 2:57 PM ETBP p.l.c. (BP) StockBPBy: Carl Surran, SA News Editor13 Comments
  • BP (BP +0.7%) says it has restarted the largest of three crude distillation units at its 413K bbl/day refinery in Whiting, Ind., which has returned to service and resumed production of fuel following the unit’s unplanned shutdown earlier this month for unscheduled repair work.
  • The problems at the refinery had caused wholesale gasoline prices to spike higher by up to $0.80/gallon around the Great Lakes states, and the restart eventually should bring some price relief to area motorists.
  • While restart of the unit is helping to increase the refinery’s overall fuel output, BP says the 250K bbl/day crude distillation unit will continue to ramp up to its full processing capacity over time.
  • BP says the rest of the refinery remains in full operation at scheduled rates, and continues to meet contractual fuel supply obligations to customers despite a still-reduced fuel production at the site.

Recommended For You

About BP Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
BP--
BP p.l.c.