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BP's Whiting refinery heavy crude processing reaches 270,000 bpd

Tue, 29th Jul 2014 12:12

LONDON, July 29 (Reuters) - BP's 405,000-barrel-per-day Whiting refinery reached a record heavycrude oil processing level of 270,000 bpd in the second quarter,the oil and gas company said on Tuesday.

The Indiana refinery could process as much as 300,000 bpd ofheavy crude, BP Chief Executive Bob Dudley told reporters,without providing a specific timeframe.

"We believe it will have the capability of going up toaround 300,000 barrels (per day) of production," Dudley said.

Heavy crude from the Canadian oil sands are heavilydiscounted to international oil prices, offering higher profitsfrom products sold. (Reporting by Ron Bousso; editing by Jason Neely)

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