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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
The Miami Marathon Oil Company Service Station, at 331 S. Main St. in Miami, Oklahoma, was built in 1929. It was listed on the National Register of Historic Places in 1995. [1] It is a one-story Classical Revival-style building built on the south side of historic Route 66. [2]
In July 2024, Marathon agreed to a $241.5 million settlement with the US Department of Justice and the Environmental Protection Agency to resolve allegations of failing to obtain required permits at dozens of the company's oil and gas facilities on the Fort Berthold Indian Reservation in North Dakota and releasing thousands of tons of illegal air pollution as a result. [30]
In 1959, Marathon Oil, then known as the Ohio Oil Company, purchased the chain and in 1962 converted its outlets to the Marathon brand. [9] As self-service fuel became legalized in many states, in May 1975 Marathon decided to use "Speedway" (without the "79", as 87 octane had become the standard at this point) at higher-volume self-service ...
The oilfield service sector is poised for more consolidation in 2025, according to Deloitte's 2025 Oil and Gas Industry Outlook, with President-elect Donald Trump expected loosen regulations on ...
Thorntons LLC, formerly Thorntons Inc., is an American gasoline and convenience store chain headquartered in Louisville, Kentucky.It operates 200+ locations which vary from traditional fuel and convenience stores, stores with expanded kitchen formats and Travel Centers.
Clarence Peter Cazalot Jr. (born 1950) [3] was president and chief executive of the Houston-based Marathon Oil Corporation. [1] [4] Since he took over control of the company in 2002, Marathon has expanded abroad with investments in the nascent gas industry of Equatorial Guinea and oil in Gabon, Libya and Norway.
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 ...
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