BP P.L.C. (NYSE:BP) plans to restart its largest U.S. Midwest refinery in Whiting, Indiana, to full production in March after a power outage caused by a transformer failure earlier this month. The refinery, with a capacity of 435,000 barrels per day, was evacuated due to the outage. BP is currently assessing potential damage and the cause of the power loss. Despite missing revenue expectations with $52.14 billion against a consensus of $62.34 billion, BP's underlying RC profit per ADS beat expectations at $1.07 versus $0.15. The company anticipates higher upstream production compared to Q4 FY23 and expects a slight year-over-year increase in FY24, with capital expenditures projected at around $16 billion.