MPC News and Press, Marathon Petroleum Corporation From 01/05/22

--News Direct-- Brian Miller, a Lab Analyst at Marathon Petroleum’s Salt Lake City refinery, has spent ten years serving his country in the U.S. Army Reserve. He is a Logistics Captain in the 76th Operational Response Command at Fort Douglas in Utah, which provides operation...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Energy stocks have been easy to invest in for the last two years. At the onset of the pandemic in 2020, energy stocks cratered because of a historic decline in demand. However, the U.S. economy began to open in early 2021 a...

The National oil company of Mexico, Pemex, is exporting ~1mb/d of crude oil, with ~60% flowing to the US and gulf-coast refineries, but the current CEO wants to change that. At a press conference in Mexico City yesterday, CEO Octavio Romero shared plans to cut exports to ~430kb/d in 2022...

Marathon Petroleum Corp. to Report Fourth-Quarter and Full-Year Financial Results on Feb. 2, 2022 PR Newswire FINDLAY, Ohio , Dec. 17, 2021 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) will host a conference call on Wednesday, Feb. 2, 2022 , at 11 a...

--News Direct-- MPLX earned a 2021 Energy ESG Top Performers Award in the public midstream category from Hart Energy on Nov. 29. The winners were announced at the annual Energy ESG Conference in Houston. Accepting the award on behalf of MPLX were Vice President of Gathering and Proc...

Marathon Petroleum Corp., ADM Announce Closing of Feedstock Partnership PR Newswire FINDLAY, Ohio and CHICAGO , Dec. 14, 2021 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) and ADM (NYSE: ADM) today announced the closing of their joint venture to produc...

In the White House's scramble to address crude oil and gasoline prices earlier in the month, Energy Secretary Granholm indicated that reinstatement of the crude oil export ban was on the table  A crude export ban would likely be a tailwind for US refiners like Valero (NYSE:VLO) Phillips ...

According to Bloomberg sources, Pemex is planning to up domestic refinery runs by 200-300kb/d in 2022 Having stabilized upstream volumes, with production increasing in 2020 for the first time since at least 2004, Pemex may be turning its focus to the downstream business The Company had planne...

JPMorgan analyst Gresh appears to be biding time with his refinery ratings, as he is now overweight the three largest, most diverse refiners ((NYSE:VLO), (NYSE:MPC), (NYSE:PSX)) and underweight the smallest, pure-play refiners ((NYSE:CVI), (NYSE:DK), (NYSE:PBF)) With the sector trading below ...

--News Direct-- Leaders from Marathon Petroleum’s Garyville refinery announced a second round of community investment grants to support the ongoing relief and rebuilding efforts in St. John the Baptist Parish, home to the Garyville refinery. Just days after Hurricane Ida caus...