Get 40% Off
🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

BP bringing Whiting, Indiana, refinery back to normal operation -company

Published 02/09/2022, 15:43
Updated 02/09/2022, 16:28
© Reuters. FILE PHOTO: Spectators are seen reflected in a British Petroleum sponsors building in Olympic Park at the London 2012 Paralympic Games September 6, 2012. REUTERS/Toby Melville
BP
-
BP
-
BPEz
-
BP_pb
-
BP_p
-

By Erwin Seba

HOUSTON (Reuters) -BP Plc said on Friday its 435,000 barrel-per-day (bpd) Whiting, Indiana, refinery is returning to normal operation after boilers and electrical utilities were restored.

An Aug. 24 fire on a single electrical system forced the shutdown of the entire Chicago-area refinery.

"We are continuing to work around the clock to bring the plant back to normal operations," said BP (LON:BP) spokesperson Christina Audisho in an emailed statement.

BP plans to restore at least partial production of motor fuels by Sunday, according to sources familiar with plant operations.

BP began restarting the refinery on Wednesday. The first units brought on-line were the crude distillation units (CDUs), which break down crude oil into feedstocks for all other units, according to the sources.

Next the company is restarting fuel production units including at least one of the gasoline-producing fluidic catalytic crackers (FCCs), the sources said.

Chicago motor fuels prices have leveled out since jumping last week on news of the shutdown of the largest refinery in the U.S. Midwest.

Chicago CBOB gasoline was little changed at 19 cents a gallon above futures on Thursday, traders said. Chicago ultra-low sulfur diesel gained half a cent, trading 28 cents a gallon above diesel futures on Thursday.

The company called almost all of the refinery's employees to work on restoring production after the Aug. 24 fire in a single electrical line, which then knocked out the refinery's cooling water system, idling units that were not knocked out by the loss of the electrical system.

The U.S. Environmental Protection Agency waived rules for selling winter-grade gasoline during the summer months through mid-September to boost the supply of fuel to Indiana, Illinois, Michigan and Wisconsin.

© Reuters. FILE PHOTO: Spectators are seen reflected in a British Petroleum sponsors building in Olympic Park at the London 2012 Paralympic Games September 6, 2012. REUTERS/Toby Melville

The U.S. Transportation Department waived rules limiting the number of hours truck drivers could haul motor fuels to those states.

The Whiting refinery is the sixth-largest in the United States and BP's largest in North America.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.