While some U.S. refiners are scaling back, Saudi Arabia’s Motiva Enterprises just made a power move. The Saudi Aramco-owned refinery in Port Arthur, Texas, has quietly expanded its capacity, now ...
Trump has announced new tariffs on steel and aluminum, sending oil prices higher despite the potential drop in oil demand the ...
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.
MPLX (NYSE: MPLX) continues to provide investors with the best of both worlds. The master limited partnership (MLP) offers ...
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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 reports steep decline in Q4 adjusted earnings that still beat expectations, driven by stronger performance ...
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 ...