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--News Direct-- View additional multimedia and more ESG storytelling from Marathon Petroleum Corporation on 3blmedia.com View source version on newsdirect.com: https://newsdirect.com/news/marathon-petroleum-and-mplx-gandp-earn-2021-cn-safe-handling-award-664550834
Bioenergy, a form of renewable energy derived from organic materials (or biomass), will play a pivotal role in helping the world achieve net-zero emissions by 2050. The main federal policy to support the US biofuels market is the renewable fuel standard (RFS), which requires refiners ...
The White House is planning a meeting between the crown prince of Saudi Arabia, Mohammed bin Salman, and President Biden. Biden had previously referred to the Prince as "the pariah" and said he has "no redeeming social value;" statements which likely led to Saudi declining an invitation to sp...
There is no physical oil shortage, only supply disruptions and market manipulation by OPEC+. Oil will see "panic pumping" coming to multiple nations soon, for fear of stranded assets, driving oil back to $60-80/b in the next year or two. Refining is a different story as there were...
Chinese diesel output rose 14% in April while diesel exports fell 81%; gasoline output fell 6% while exports fell 40%; in aggregate, oil product exports fell over ~50% year on year (XOM) (CVX) (VLO) (MPC) (PSX). The monthly customs data is volatile; however, year-to-date gasoline and diesel e...
Monday, Goldman laid out the bull case for refining, Tuesday morning JP Morgan forecasted "higher for longer" refining margins, Tuesday night Wells Fargo lifted refiner price targets, and Wednesday morning HSBC doubled refining margin assumptions for 2022 while lifting assumptions 30% for 202...
--News Direct-- “Our assistance reflects MPC’s commitment to promote thriving communities and workforce development because it will help provide lessons for these children that could spark future interest in subjects and career fields they might never have explored. ...
JP Morgan's integrated oil and refining analyst Phil Gresh updated his refining forecasts Tuesday, citing a long list of bullish trends, while flagging recession risk. Phil sees current margins normalizing to nearer historic averages in 2023, but says a bad hurricane season could lead to "run...
Shares of Marathon Petroleum Corporation (NYSE:MPC) traded at a new 52-week high today of $98.29. So far today approximately 1.7 million shares have been exchanged, as compared to an average 30-day volume of 5 million shares. Marathon Petroleum is an independent refiner with 13 refinerie...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Rising interest rates provide a difficult setup for investors, but these three stocks have what it takes to battle this environment. General Motors ( GM ) — Has been a top performer in a rising rate environm...
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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 ...