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Marathon Petroleum Corp. to announce 2020 fourth-quarter and full-year financial results Feb. 2; conference call rescheduled to 11 a.m. EST PR Newswire FINDLAY, Ohio , Jan. 26, 2021 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) has adjusted the time o...
Some 200 unionized workers have begun a strike at Marathon Petroleum's ([[MPC]] -1.1%) St. Paul Park refinery in Minnesota refinery after failing to agree on a new contract with the company at the end of 2020, the local union says.Teamsters Local 120 voted overwhelmingly to go on strike, but ...
A gradual normalization of economic activities and investor optimism about the effectiveness of vaccines have helped stabilize oil prices since mid-2020. Moreover, the OPEC+ alliance implemented production cuts and several other actions to curb oil price volatility. So, we think stocks such a...
The Environmental Protection Agency yesterday granted three waivers to oil refiners exempting them from biofuel blending obligations in a last-minute move before Pres. Trump leaves office, prompting quick rebuke from ethanol and biodiesel producers.Some 30 waiver requests remain outstanding f...
FN Media Group Presents Oilprice.com Market Commentary London – January 14, 2021 – Oil discoveries are on the decline, but with prices bouncing back, junior explorers are quickly becoming the talk of the town. Especially those with a presence in Africa, whi...
The U.S. biofuel industry expects the outgoing Trump administration to approve most of the waiver requests it has pending from the oil refining industry for 2019, Reuters reports.The Environmental Protection Agency likely will grant waivers for the 2019 compliance year exempting refiners from...
Marathon Petroleum Corp. Names Maryann T. Mannen as Chief Financial Officer PR Newswire FINDLAY, Ohio , Jan. 13, 2021 /PRNewswire/ -- Marathon Petroleum Corporation (NYSE: MPC) today announced that Maryann T. Mannen will join the company as Executive Vic...
Prices for Renewable Identification Numbers tumbled today after the U.S. Supreme Court said it would take up an appeal of a lower court ruling last year that would limit the number of small refinery exemptions the Environmental Protection Agency could grant.D6 RINs for 2020 compliance tumbled...
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XLE up over 50% off the October 29 low. Many key names in this space pay juicy dividends. Substantial upside potential remains through 2021. For further details see: Riding The Stock Waves: Update On The Energy Sector
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MPLX LP Reports Second-Quarter 2024 Financial Results PR Newswire FINDLAY, Ohio , Aug. 6, 2024 /PRNewswire/ -- Second -quarter net income attributable to MPLX of $1.2 billion and net cash provided by operating activities of $1.6 billion ...
Marathon Petroleum Corp. Reports Second-Quarter 2024 Results PR Newswire FINDLAY, Ohio , Aug. 6, 2024 /PRNewswire/ -- Second -quarter net income attributable to MPC of $1.5 billion , or $4.33 per diluted share; adjusted net income of $1.4 b...
Blackcomb Pipeline Reaches Final Investment Decision to Transport Growing Natural Gas Production from the Permian Basin to the Gulf Coast Region PR Newswire AUSTIN, Texas , July 31, 2024 /PRNewswire/ -- WhiteWater today announced that WhiteWater, MPLX LP (NYSE: M...