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Marathon Petroleum Corporation 539 South Main Street OH 45840 Findlay, United States http://www.marathonpetroleum.com
Contact Ms Pamela Beall +1 419-429-5640
Company logo of Marathon Petroleum Corporation
Marathon Petroleum Corporation

Marathon Petroleum to Purchase BP's Texas City Refinery and Related Logistics and Marketing Assets

(PresseBox) (Findlay, )
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- Adds a world-scale 451,000 barrel per day refinery
- Includes 100% ownership of cogeneration facility
- Adds four light product terminals, refinery-related pipeline assets and Colonial Pipeline shipper history
- Assignment of branded-jobber contracts for approximately 1,200 retail locations
- Expands MPC's integrated operations model
- Expected to be immediately accretive to earnings

Marathon Petroleum Corporation (NYSE: MPC) today announced it has signed a definitive agreement to purchase BP's 451,000 barrel per calendar day (475,000 barrel per stream day) Texas City refinery, three intrastate NGL pipelines originating at the refinery, an allocation of BP's Colonial Pipeline Company shipper history, four terminals, retail marketing contract
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.