BP Sees Whiting Upgrade Benefits in 2014

摘要

BP is not likely to see the full financial benefits of the $4 billion upgrade at its Indiana refinery until 2014, Chief Executive Bob Dudley told analysts on Tuesday. He said the project, which will substantially increase the 405,000 b/d Whiting plant's ability to process cheap Canadian heavy crude, remains on target to wrap up in the second half of 2013. The restart and commissioning process will take six to nine months after that, he said (OD Nov.1'12).