The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBP Share News (BP.)

Share Price Information for BP (BP.)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 510.40
Bid: 509.40
Ask: 509.50
Change: -5.40 (-1.05%)
Spread: 0.10 (0.02%)
Open: 516.30
High: 516.60
Low: 506.10
Prev. Close: 515.80
BP. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

BP seen preparing Whiting refinery CDU for start-up -Genscape

Thu, 09th May 2013 19:39

HOUSTON, May 9 (Reuters) - BP Plc is preparing anupgraded crude distillation unit at its 405,000 barrel per day(bpd) Whiting, Indiana, refinery for start-up in June, energyindustry intelligence service Genscape said on Thursday.

BP is heating the furnaces of the CDU, known as Pipestill12, Genscape said. Further, BP has removed caps that had been inplace on the unit's furnace stacks during the upgrade andcompleted connections to a new flare tower. A large crane andsafety equipment have been removed from near the CDU.

Sources familiar with refinery operations have told ReutersBP plans to begin starting up Pipestill 12 in late May, but it'slikely the unit will not resume production until sometime inJune.

BP has said the $4 billion project to expand the refinery'sintake of crude oil from Canada's tar sand fields in Alberta ison schedule to finish in the second half of this year.

On completion of the work, which began in November, therefinery will be able to run 350,000 bpd of Canadian crude.Prior to the work, the refinery could process 80,000 bpd ofcrude from Canada.

Genscape also said heavy work appeared to be continuing onCoker No. 2 at the refinery.

BP has shifted its U.S. refining strategy to focus onrefineries in the northern tier of the United States that arebetter able to access cheaper crude oil from Canada.

In February, BP sold its Texas City, Texas, refinery toMarathon Petroleum Corp. BP also has a pending sale ofits Carson, California, refinery to Tesoro Corp awaitingapproval from U.S. and California regulators.

Two other crude distillation units at the Whiting refineryremain in operation.

Crude distillation units do the initial refining of crude oilcoming into a refinery and provide feedstocks for all otherunits.

A coker increases the amount of refinable material obtainedfrom a barrel of oil and converts gunky residual crude intopetroleum coke, a coal substitute. (Reporting by Erwin Seba; Editing by Steve Orlofsky)

More News
29 Jan 2024 17:25

London close: Stocks turn weaker ahead of busy week for earnings

(Sharecast News) - London's stock market saw slight declines by the close on Monday, as investors turned their attention to a week filled with corporate earnings reports and central bank announcements.

Read more
29 Jan 2024 17:02

LONDON MARKET CLOSE: Stocks slightly down pre US Fed, Bank of England

(Alliance News) - Stock prices in London closed mutedly lower on Monday, ahead of a busy week of interest rate decisions and economic data.

Read more
29 Jan 2024 12:02

LONDON MARKET MIDDAY: FTSE 100 nudges higher ahead of rate decisions

(Alliance News) - Stock prices in London were mixed going into Monday afternoon, ahead of a busy week of interest rate decisions and economic data.

Read more
29 Jan 2024 08:41

LONDON MARKET OPEN: BP, Shell higher amid Middle East tensions

(Alliance News) - Stock prices in Europe opened mostly lower, ahead of an important week of central bank decisions and economic data.

Read more
26 Jan 2024 23:06

Equinor, Orsted bid for better contract in NY offshore wind auction

Jan 26 (Reuters) - New York State said on Friday it received bids to supply power from three offshore wind projects in its expedited fourth solicitation that allowed developers to exit old contracts and re-offer projects at higher prices.

Read more
26 Jan 2024 17:02

LONDON MARKET CLOSE: Stocks up as Fed's preferred inflation read cools

(Alliance News) - Stock prices in London closed up on Friday, as investors predicted and responded positively to a cooling inflation read in the US.

Read more
26 Jan 2024 13:16

Equinor sticks to 2030 renewables targets after US wind project reset

OSLO, Jan 26 (Reuters) -

Read more
26 Jan 2024 12:11

LONDON MARKET MIDDAY: China growth measures and LVMH lift mood

(Alliance News) - Stock prices in London were up at midday, with investors optimistic ahead of a key US inflation reading.

Read more
26 Jan 2024 10:03

Equinor sticks to 2030 renewables targets after US wind reshuffle

OSLO, Jan 26 (Reuters) - Norway's Equinor maintains an ambition to reach 12-16 gigawatts (GW) of installed renewable energy capacity by 2030, despite dropping out of some projects in New York, its renewables head told Reuters on Friday.

Read more
26 Jan 2024 08:48

LONDON MARKET OPEN: Oil majors boost FTSE; LVMH lifts Burberry

(Alliance News) - The FTSE 100 looked set to end the week on a high note in early Friday trading, buoyed by strong US economic data and rising oil prices.

Read more
25 Jan 2024 11:00

Big turnout expected in New York offshore wind power auction

Jan 25 (Reuters) - Several offshore wind developers will likely bid in New York's fourth offshore wind solicitation by the Thursday deadline, including units of European energy firms Orsted, Equinor and BP.

Read more
23 Jan 2024 17:25

BP sees Trinidad deepwater gas project getting greenlight as soon as 2025

PORT OF SPAIN, Jan 23 (Reuters) - BP expects the Calypso deepwater natural gas field off Trinidad and Tobago, which it shares with Woodside Energy, to get the greenlight when a final investment decision (FID) is made as early as the end of next year, a company executive said.

Read more
23 Jan 2024 08:47

LONDON MARKET OPEN: Stocks see muted open; oil majors rise

(Alliance News) - Stock prices in London opened largely flat on Tuesday, failing to capitalise on broadly positive market sentiment elsewhere.

Read more
22 Jan 2024 19:33

Trinidad in talks with Europe to supply Venezuelan gas

PORT OF SPAIN, Jan 22 (Reuters) - Trinidad and Tobago has begun talks with some European countries on the supply of liquefied natural gas (LNG) produced from Venezuelan gas, Prime Minister Keith Rowley said on Monday.

Read more
22 Jan 2024 10:44

SDI promotes Chief Operating Officer Stephen Brown to chief executive

(Alliance News) - SDI Group PLC on Monday said its chief executive officer has stepped down, naming its chief operating officer as successor.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.