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In 2013, Marathon purchased numerous assets from BP including a 451,000 barrel per calendar day refinery in Texas City, Texas, four light product distribution terminals, and retail marketing contracts for 1,200 retail stations throughout the southeastern United States.
Acquisitions expanded refining capacity from 72,000 barrels per day (11,400 m 3 /d) to approximately 664,000 barrels per day (105,600 m 3 /d). Prior to its acquisition by Marathon Petroleum in 2018, Tesoro was the third-largest independent petroleum refining and marketing company in the United States. The merger between the two companies formed ...
The Garyville Refinery is the 4th largest American oil refinery with a nameplate capacity of 597,000 barrels per day (94,900 m 3 /d). [1] The refinery is owned and operated by Marathon Petroleum Corporation. It is located in southeastern Louisiana between New Orleans and Baton Rouge on U.S. Route 61 in Garyville, Louisiana.
Marathon Oil plans to cut its long-term debt by about $2.5 billion before the spinoff, while Marathon Petroleum will start life with a cash balance of $750 million and as much as $3 billion in ...
Fire crews have contained a large fire at a refinery storage tank in Garyville, Louisiana, about 40 miles west of New Orleans, authorities said. ... Marathon Petroleum Corporation said the fire is ...
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The Galveston Bay Refinery is an oil refinery located in the Texas City, Texas Industrial Complex on the edge of Galveston Bay. It is the largest oil refinery in North America with a capacity of 631,000 barrels per day [ 1 ] and has been owned and operated by Marathon Petroleum Corporation since 2013.
Previously owned by Tidewater Petroleum, Tosco, Valero Energy, Tesoro and Marathon Petroleum. The refinery is located on 850 acres, in 2016 had approximately 650 full-time employees, and had a crude oil capacity of 157,000 barrels per day. In 2015 it was the fourth-largest refinery in the state. The refinery had a Nelson complexity index of 16.1.