Belvieu Alternative NGL pipeline partners WhiteWater Midstream, MPLX LP (45%), and Rattler Midstream LP, have sanctioned its expansion to 300,000 b/d from 250,000 b/d.
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Canadian oil producers would absorb most of the cost of U.S. tariffs, while a smaller share of the added cost would be passed on to U.S. consumers. Marathon Petroleum Chief Executive Maryann Mannen ...
Marathon Petroleum (NYSE:MPC) +6.9% to a two-month high in Tuesday's trading after reporting a steep decline in Q4 adjusted earnings that still beat expectations, driven by stronger performance in the ...
For Q1 2025, MPC anticipates crude throughput volumes of over 2.5 million barrels per day with an 85% utilization rate. Turnaround expenses are projected at $450 million, while operating costs are ...
Two midstream companies are investing a combined $1.75 billion in a new export terminal and a connecting pipeline in the ...
Oklahoma partner with Ohio oil company to increase production and connectivity on the Gulf Coast. Projects will be completed ...
(Reuters) -Top U.S. refiner Marathon Petroleum on Tuesday posted a 74% drop in fourth-quarter earnings but beat Wall Street ...
Fourth-quarter net income attributable to MPC of $371 million, or $1.15 per diluted share; adjusted net income of ...
Operator Welcome to the MPC fourth quarter 2024 earnings call. My name is Amanda, and I will be your operator for today's call. [Operator instructions] Please note that this conference is being ...
MOSCOW - Russia's Ryazan oil refinery has suspended operations after an attack by Ukrainian drones late last week, two industry sources told Reuters on Monday. They said oil storage at the ...