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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 ...
We identified 18 stocks in S&P 500 with strong momentum based on our criteria. Ten of the stocks we identified made new all-time highs. Five of these stocks are 40% or more above their 200-day moving average. For further details see: S&P 500 Stocks With Strong Mo...
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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...
An emergency food pantry in Dickinson, North Dakota, recently got help in meeting local needs after issuing a public call for assistance via social media. The Association to Meet Emergency Needs pantry needed to replenish its supply shelves, prompting support from Marathon Petroleum's Dick...
NORTHAMPTON, MA / ACCESSWIRE / July 16, 2024 / Marathon Petroleum Corporation The Port of Long Beach, California, is supporting an effort to reduce debris in the port with devices that collect trash from the surface of the water. Marathon Pipe Line installed two electric trash skimmers ...