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Marathon Petroleum Corp. Company News
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Analysis Shows Oil and Gas Execs Using More Environmental Buzzwords
The world's biggest oil and gas companies are more likely to talk to Wall Street about emissions than how their businesses might grow.
8:00 PM EST | July 19, 2021
East Coast Motorists Finding Offline Fuel Pumps
Gas stations along the USA East Coast are starting to run out of fuel.
8:00 PM EST | May 10, 2021
East Coast Faces Fuel Shortage Threat
Motorists from New York to Atlanta face a growing threat of fuel shortages and surging prices.
8:00 PM EST | May 09, 2021
Frigid Conditions Shut Texas Refineries
The largest oil refineries in North America are shutting down because of Arctic conditions that have disrupted power, water and fuel supplies across Texas.
7:00 PM EST | February 14, 2021
Shell Reports Stable Ops at Deer Park
As frigid temperatures and frozen precipitation continue to bring Southeast Texas to a standstill, area refineries are adjusting operations accordingly.
7:00 PM EST | February 14, 2021
Louisiana Supertanker Port Sets Shipment Record
American oil exports from Louisiana's offshore supertanker port jumped to a record in January
7:00 PM EST | February 02, 2021
BP Chemicals Deal Expands Reach of Ineos
Here is a look back at some of Rigzone's most viewed downstream-related articles from the past week.
7:00 PM EST | January 09, 2021
Texas Deepwater Oil Terminal Achieves VLCC Milestone
The above photo shows the first VLCC to load at the STG Terminal in Ingleside, Texas. PHOTO SOURCE: Buckeye Partners, L.P.
7:00 PM EST | December 30, 2020
Exxon Investors Agitate for Changes
Activist investors have called on ExxonMobil to cut spending and costs in recent days.
7:00 PM EST | December 09, 2020
Shell Refinery Closure Reflects Industry Trend
Check out this look back at some of the most viewed downstream-related articles on Rigzone from the past week.
7:00 PM EST | November 14, 2020
Wall Street Enthusiasm for Green Energy Fades
Wall Street's confidence that the US election would spark a clean-energy revolution dimmed after Republicans appeared set to retain control of the Senate.
7:00 PM EST | November 04, 2020
PBF to Lay Off 250 at East Coast Refinery
The company will idle operations at the refinery for the foreseeable future.
8:00 PM EST | October 28, 2020
Cigarettes and Alcohol Top Gasoline in $21B Deal
This year's biggest energy deal is more about alcohol and cigarettes than gasoline.
8:00 PM EST | August 03, 2020
Bakken Pipeline Closure Signals Shale's Woes
If the shutdown of both pipelines proceeds, it would force Bakken drillers to turn to more expensive options to ship their oil -- or shut in production altogether.
8:00 PM EST | July 19, 2020
Permian Crude Loads at New Coastal Terminal
This photo shows crude being loaded onto a tanker at South Texas Gateway. PHOTO SOURCE: Buckeye Partners, L.P.
8:00 PM EST | July 16, 2020
Texas Refiners Contend with Virus Rebound
Oil refineries aren't being spared as Covid-19 sweeps through Texas.
8:00 PM EST | July 09, 2020
Hennigan Succeeds Heminger at Marathon Petroleum
The appointment is effective immediately.
8:00 PM EST | March 18, 2020
Marathon Petroleum Names New Board Director
U.S. oil refiner Marathon Petroleum Corporation has appointed Jonathan Cohen to its head of directors.
7:00 PM EST | December 15, 2019
Marathon Petroleum to Spin Off Retail Unit
Marathon Petroleum buckled under pressure from activist investors and announced the spinoff of its retail fuel-station business and the departure of CEO Gary Heminger.
8:00 PM EST | October 30, 2019
Marathon Petroleum Plans New CEO to Win Investor Peace
Marathon Petroleum plans to announce several measures including the departure of CEO Gary Heminger in an effort to strike a truce with activist investors pushing for changes at the U.S. oil refiner.
8:00 PM EST | October 29, 2019
Marathon Petroleum Weighs Sale of Two Refineries
Marathon Petroleum is weighing the sale of two plants in Alaska and Utah.
8:00 PM EST | October 21, 2019
Marathon Petroleum Board, Investors in Talks About CEO
Marathon Petroleum Corp. board members are meeting this week with activist investors to discuss CEO Gary Heminger's future and the company's strategy amid calls to split up its businesses.
8:00 PM EST | October 16, 2019
California Fuel Tank Fire Contained
A fire at a San Francisco-area fuel terminal is contained after spewing black smoke high in the air, snarling rush-hour traffic and prompting officials to ask residents to take shelter.
8:00 PM EST | October 15, 2019
Elliott Pushes Again for Marathon to Split
Elliott Management Corp. renewed its push for Marathon Petroleum Corp. to split into three, a move the hedge fund said would unlock more than $22 billion in value.
8:00 PM EST | September 24, 2019
Oil Companies Push States to Criminalize Pipeline Protests
Oil companies lobbied state legislatures to effectively outlaw demonstrations near pipelines, chemical plants and other infrastructure.
8:00 PM EST | August 18, 2019
Permian Gas Pipeline Gets Green Light
The pipeline will ship residue gas out of the Permian and link to Mexican and LNG markets.
8:00 PM EST | June 05, 2019
Venezuela Sanctions Likely to Hit Some US Refiners
Refiners in Texas and Louisiana would be hard hit by sanctions on Venezuelan crude under consideration at the White House.
7:00 PM EST | January 23, 2019
Alaska Earthquake Threatens Oil Exports
A magnitude 7 earthquake struck Alaska early Friday, shutting the state's most important oil pipeline.
7:00 PM EST | November 29, 2018
MPLX Buys Lower Mississippi Export Terminal
Marathon Petroleum's master limited partnership will rename the facility the Mt. Airy Terminal.
8:00 PM EST | September 26, 2018
Valero, Marathon Beat Profit Estimates As Refining Margins Rise
Two of the biggest independent oil refiners in the US beat Wall Street profit estimates.
8:00 PM EST | July 25, 2018
Familiar Faces to Lead Merged Marathon-Andeavor
The merged company will be led by eight current MPC and three current Andeavor executives.
8:00 PM EST | July 24, 2018
Forget Tech, Big Oil is Doling Out America's Fattest Paychecks
Move over Wall Street titans and Silicon Valley giants. When it comes to paychecks, Big Oil now looks like the best bet for U.S. workers.
8:00 PM EST | July 04, 2018
Marathon to Buy Andeavor in $23.3 Billion Oil-Refining Deal
Marathon Petroleum Corp. agrees to buy rival oil refiner Andeavor for $23.3 billion.
8:00 PM EST | April 29, 2018
Refiners Valero, Marathon See Upbeat 2018 On Global Growth
Valero and Marathon Petroleum expect strong global economic growth to spur demand for oil in 2018.
7:00 PM EST | January 31, 2018
US Refiners Talk Expansion After Reaping Billions in Tax Gains
The biggest independent refiners in the US are lining their pockets with billions of dollars in tax reform windfalls.
7:00 PM EST | January 31, 2018
Frigid Blast to South Hits Refineries as Power Prices Spike
A blast of Arctic air pushing deep into the South hindered refinery operations in the region, sent natural gas prices soaring and drove electricity demand in Texas to a record high.
7:00 PM EST | January 16, 2018
Owners of Louisiana-Illinois Pipeline Eye Reversal Next Steps
Pipeline owners eye binding open season.
7:00 PM EST | December 20, 2017