Tuesday, April 24, 2007

BP's Whiting Refinery Runs at Half Capacity, Will Continue at That Rate

(Bloomberg) -- BP Plc, Europe's second-largest oil company, said its Whiting, Indiana, refinery has cut production to about half its capacity, or 200,000 barrels, after the plant's hydrotreating unit failed in March.

The problems at BP's fluid catalytic cracking unit have forced the plant to process more expensive grades of crude. The plant will keep refining at the current rate ``until we complete the necessary repairs,'' the company said in a statement distributed by the Regulatory News Service today.


Read more at Bloomberg Energy News

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