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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
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 ]
In 2011, Marathon completed the corporate spin-off of Marathon Petroleum, distributing a 100% interest to its shareholders. [18] In June 2013, Marathon sold its Angolan oil and gas field to Sinopec for $1.52 billion. [19] In September 2013, Marathon sold a 10% stake in an oil and gas field offshore Angola for $590 million to Sonangol Group. [20]
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 ...
To settle antitrust concerns with the Federal Trade Commission, Pilot sold 20 Pilot Travel Centers locations and six Flying J locations to Love's Travel Stops & Country Stores on June 30, 2010. [15] The merger left the combined company with over 550 locations in 44 U.S. states and six Canadian provinces . [ 16 ]
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 ...
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.