BP Resumes Normal Operations at Whiting Refinery After Leak

Zacks2024-12-30

BP plc (BP) has confirmed that operations at its 435,000-barrel-per-day (bpd) Whiting refinery in Indiana have resumed normalcy following a leak from a pipeline transporting liquid material, according...

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The company stated that the incident, which took place on Thursday, involved a leak within the refinery's tank field, potentially releasing a liquid that caused odors in the nearby area.Per the report, BP responded swiftly, dispatching emergency crews to address the leakage. The company assured the public that it is closely monitoring air emissions for any elevated level of contaminants that might pose a risk to public health. Fortunately, there have been no reports of injuries or significant environmental impacts.This incident highlights the ongoing importance of vigilance in refinery operations, particularly in the face of potential leaks, and BP's prompt actions to ensure the safety of the public and the smooth running of its facilities.BP currently carries a Zack Rank #4 .","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","OII":"国际海洋工程","BP":"英国石油","LU1829250122.USD":"高盛欧洲核心股票组合Acc","BK4588":"碎股","BK4201":"综合性石油与天然气企业","LU0300736492.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) INC","LU0054578231.USD":"BGF SYSTEMATIC SUSTAINABLE GLOBAL SMALLCAP \"A2\" (USD) ACC","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","LU0162691827.USD":"BGF US BASIC VALUE \"A4\" INC","LU0053671581.USD":"摩根大通美国小盘成长股 A(dist)","BK4179":"石油天然气设备与服务","LU0300736062.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) ACC","FTI":"德希尼布FMC","NINE":"Nine Energy Service Inc.","LU0072461881.USD":"BGF US BASIC VALUE \"A2\" ACC","BK4585":"ETF&股票定投概念"},"translate_title":"英国石油公司怀廷炼油厂泄漏后恢复正常运营","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"OII":1,"NINE":1,"BP":1,"FTI":0.9},"content_text":"BP plc (BP) has confirmed that operations at its 435,000-barrel-per-day (bpd) Whiting refinery in Indiana have resumed normalcy following a leak from a pipeline transporting liquid material, according to a Reuters report. The company stated that the incident, which took place on Thursday, involved a leak within the refinery's tank field, potentially releasing a liquid that caused odors in the nearby area.\nBP’s Emergency Response and Monitoring Efforts\nPer the report, BP responded swiftly, dispatching emergency crews to address the leakage. The company assured the public that it is closely monitoring air emissions for any elevated level of contaminants that might pose a risk to public health. Fortunately, there have been no reports of injuries or significant environmental impacts.\nImpact on BP’s Whiting Refinery Operations\nThe Whiting refinery, the largest in the U.S. Midwest, plays a critical role in fuel production, supplying a wide range of liquid fuels, including gasoline, diesel and jet fuel. With operations now restored, BP aims to minimize disruptions to production and retain its commitment to safety and environmental standards.\nThis incident highlights the ongoing importance of vigilance in refinery operations, particularly in the face of potential leaks, and BP's prompt actions to ensure the safety of the public and the smooth running of its facilities.\nBP’s Zacks Rank & Key Picks\nBP currently carries a Zack Rank #4 (Sell).\nInvestors interested in the energy sector may look at some better-ranked stocks like TechnipFMC plc FTI, Oceaneering International, Inc. OII and Nine Energy Service NINE. While TechnipFMC and Oceaneering presently sport a Zacks Rank #1 (Strong Buy) each, Nine Energy carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.\nTechnipFMC is a leading manufacturer and supplier of products, services and fully integrated technology solutions for the energy industry. It focuses on the subsea segment in offshore basins worldwide. FTI’s growing backlog ensures strong revenue visibility and supports margin improvements.\nOceaneering International delivers integrated technology solutions across all stages of the offshore oilfield lifecycle. With a geographically diverse asset portfolio and a balanced revenue mix between domestic and international operations, the company effectively mitigates risk. As a leading provider of offshore equipment and technology solutions to the energy sector, OII benefits from strong relationships with top-tier customers, ensuring revenue visibility and business stability.\nNine Energy Service provides onshore completion and production services for unconventional oil and gas resource development. The company operates across key prolific basins in the United States, including the Permian, Eagle Ford, MidCon, Barnett, Bakken, Rockies, Marcellus and Utica, as well as throughout Canada. With a sustained demand for oil and gas in the future, the demand for NINE’s services is anticipated to increase, which should position the company for growth in the long run.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nBP p.l.c. (BP) : Free Stock Analysis Report\nTechnipFMC plc (FTI) : Free Stock Analysis Report\nOceaneering International, Inc. (OII) : Free Stock Analysis Report\nNine Energy Service, Inc. (NINE) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2495405115"}