MPC News and Press, Marathon Petroleum Corporation From 03/01/22

After markets closed Tuesday, Neste (OTCPK:NTOIF) and Marathon (NYSE:MPC) announced a renewable fuels joint venture, whereby the Finnish fuels producer will pay Marathon (MPC) $1b for 50% of its Martinez project. The project is expected to have production capacity of 260mg/y by the 2nd half o...

Marathon Petroleum Corp Announces Joint Venture for Martinez Renewable Fuels Project with Neste PR Newswire FINDLAY, Ohio , March 1, 2022 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) today announced it has entered into definitive agreements to form a...

The United Steelworkers union and oil companies led by Marathon Petroleum (NYSE:MPC) have agreed to a new four-year contract for more than 30K U.S. workers in refineries, chemical plants and pipelines. Talks between Marathon and the USW had been stalled since January 31, when union negotiator...

--News Direct-- Austin Fontenot knew he wanted to be a chemical engineer when he was in middle school. What he did not envision was his innate leadership skills would lead him to become the first Black General Manager of a Marathon Petroleum refinery. At every stop on the way, he has he...

It was a solid quarter. Quarterly revenues totaled $33,568 million, up from the year-ago quarter’s $16,768 million. Quarterly dividend is raised to $0.92 per share. I recommend buying PSX at or below $80.8. For further details see: Phillips 66: A Serious Contender...

Marathon Petroleum (NYSE:MPC) said it has extinguished a fire at its 578K bbl/day Garyville refinery in Louisiana, which exploded into flames at ~9:30 this morning local time; five people were injured in the explosion and fire, according to Reuters. It is not yet known if any damages were sig...

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Marathon Petroleum (MPC -2.9%) said it aims to reduce Scope 3 emissions - those related to the burning of the fossil fuels it produces by consumers - by 15% from 2019 levels through 2030, without describing how it plans to achieve the goal. Marathon said the new Scope 3 target adds to its gre...

Marathon Petroleum Corp. Establishes 2030 Target to Reduce Absolute Scope 3 Greenhouse Gas Emissions PR Newswire FINDLAY, Ohio , Feb. 14, 2022 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) has established a 2030 target to reduce absolute Scope 3 ...

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