BP sets plans to halve US refining capacity

摘要

London-BP announced plans February 1 to halve its US refining capacity by selling its Texas City, Texas, and Carson, California, plants within two years as it reduces its exposure to structurally weaker profits from making fuels. The sales will make BP the smallest refiner among its global oil major competitors, with a portfolio focused on fewer, higher-quality refineries and related marketing networks, the company said.