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Marathon Petroleum Corporation is an American petroleum refining, marketing, and transportation company headquartered in Findlay, Ohio. The company was a wholly owned subsidiary of Marathon Oil until a corporate spin-off in 2011. A Marathon gas station in Murphy, North Carolina
In 1962, the Speedway 79 and Marathon stations were consolidated under the Marathon name and the Ohio Oil Company is renamed Marathon Oil Company. [5] [6] In 1981, Mobil made a hostile takeover offer to buy the company. [7] [8] However, the board of Marathon Oil rejected the offer and instead sold the company to United States Steel. A legal ...
Over the course of 1975 and 1976, all UCO stations became USA Gasoline stations. Over the course of 1976-1977, all Sears stations became USA Gasoline stations. 1980s + 1990s. From 1988 to 1990, USA Petroleum was involved in a lawsuit with ARCO due to fuel prices. in 1992, USA Petroleum moved its headquarters from Santa Monica to Ventura.
The $21 billion sale of Speedway gas stations has bought Marathon Petroleum some breathing room as the global pandemic continues to quash travel and smother demand for gasoline and jet fuel. Wall ...
OLCO Petroleum Group – 319 stations in Ontario and Quebec; Petro-Canada – 1323 stations and 200 Petro-Pass stations across Canada; some acquired from BP (1983), Petrofina (1981) and Gulf Oil in the 1980s; Pioneer Petroleum – 130 stations in Ontario; 7-Eleven brand gasoline; Shell Canada – Canadian unit of Shell with 1800 stations across ...
Around 56% of gas stations in Miami and Fort Lauderdale are out of gas, according to the most recent figures on GasBuddy’s Southeast Florida Live Gas Station Outage Tracker. ... Cars line up at ...
Marathon Ashland also purchased Total Petroleum of Alma, Michigan, in 1999. [13] The stations, which had been previously owned by Diamond Shamrock, were mostly in the state of Michigan. Most former Total locations were then rebranded to Marathon, Speedway, or Rich. [14] Speedway acquired the 50-unit Welsh Mart chain of Michigan and Indiana in ...
A SuperAmerica gas station in Saint Paul, Minnesota (2017) In 2004 Marathon bought out Ashland's share. In February 2011, Marathon sold its SuperAmerica stores along with the Marathon refinery in St. Paul Park, Minnesota to Northern Tier Energy, a newly formed company backed by the private equity firms ACON Investments and TPG Capital . [ 7 ]
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