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Profit drops in fourth quarter for British energy firm BP

Profit dropped significantly in the fourth quarter of 2023 for British energy giant BP Plc compared to the same period of the previous year. BP reported on Tuesday that its fourth-quarter replacement cost (RC) profit plunged to $1.53 billion from last year's $11.87 billion. Underlying RC profit was $2.99 billion, down from $4.81 billion a year ago. Underlying RC profit per ordinary share was 17.77 cents, compared to 26.44 cents in the prior year. Underlying RC profit per ADS was $1.07, compared ....

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BP Whiting power outage spawns fire, evacuations. What to know about the oil refinery

A BP oil refinery in Whiting, Ind., suffered a power outage, forcing evacuations and extra burning that resulted in flaming stacks. Here's what we know. ....

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Sunday's noxious odor over the Region smells like my youth

I should have been more alarmed. Instead, I was oddly nostalgic about that familiar odor from my youth. And I wasn’t alone. ....

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BP subsidiary to pay $40M penalty, pollution-cutting at Lake Michigan refinery

It has a record of pollution rule violations, reaching settlements in 2019 and 2022 over releases of sooty "particulate matter" linked to asthma and other respiratory diseases. ....

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Fire at Whiting BP Refinery Not Expected to Hit Gas Prices Much

A major Midwestern oil refinery shut down by a fire should reopen in the next few days, its operators said Monday, and industry experts said the brief shutdown. ....

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