One of the largest oil companies increased diesel production
Quick Look
- British Petroleum has increased its diesel fuel production amid a record rise in energy prices.
- To do this, the company repurposed facilities previously intended for the production of aviation kerosene.
AI-generated summary
Why It Matters
BP has rebuilt production facilities due to rising diesel prices. In June, the company split into two divisions - mining and processing.
British British Petroleum (BP) has increased production of diesel fuel to its maximum. This was stated by the head of one of the largest oil companies, Meg O'Neill, as quoted by the Times.
The corporation increased diesel production after a sharp increase in its cost around the world. Thus, at the end of September, the cost of fuel rose to a record 2 pounds ($2.65) per liter, gasoline rose to a record 1.73 pounds per liter.
According to the head of BP, due to the rapid rise in diesel prices, the company has rebuilt production facilities to produce it instead of producing kerosene needed to supply airlines. Therefore, the Rotterdam plant almost doubled its diesel fuel output in August compared to June.
In May 2026, the British oil and gas giant decided to split up. In June, the company split into two divisions - mining and processing.
Open Questions
- How will changes in kerosene production affect the aviation industry?
