BP Adds to Oil Production, Tweaks Refineries with Nearly $34 Billion in Projects, an Industrial Info News Alert

SUGAR LAND, Texas, Nov. 15, 2018 /PRNewswire/ -- Researched by Industrial Info Resources -- Rising oil prices have bolstered BP plc's (London, England) bottom line, offsetting (for now) fears about global trade conflicts and falling U.S. crude and product stocks. The company acquired BHP Billiton plc's (Melbourne, Australia) U.S. shale assets during the quarter, and is upgrading operations at several refineries in anticipation of further production growth. Industrial Info is tracking nearly $33.5 billion in active projects involving BP worldwide, including about $19 billion worth that are under construction.

Within this article: Details on some of BP's top-valued upstream and downstream projects, including the Mad Dog 2 platform in the Gulf of Mexico and several projects at major refineries.

Other companies featured: Chevron Corporation and BHP Billiton plc

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle(TM), provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.

William Ploch
713-783-5147

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SOURCE Industrial Info Resources, Inc.