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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
Stations acquired in the Cheker deal included former Enco stations that Cheker acquired after they were sold off by Exxon in 1977. [11] Legally, Marathon's convenience store business was known as Emro Marketing Company during this period, [12] getting its name from placing an "E" in front of Marathon Oil's ticker symbol, MRO. Speedway adopted ...
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. [8]
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 ...
A list of gas station chains in Canada: Canadian Tire Petroleum (Canadian Tire Gas+) – over 300 stations across Canada; most located next to Canadian Tire retail stores or at service centres such as ONRoute; Chevron Corporation – under license by Parkland Corporation (British Columbia, Alberta) Domo Gasoline – 80 stations in western Canada
Certified — independent brand based in Columbus, Ohio, United States, selling fuel under the Certified brand; also sells fuel at select stations under the Marathon and Sunoco brands Cango; Gas Rite; Sunys; Challenge — New Zealand; Chevron — international Astron Energy — South Africa; Chevron — United States, Canada, and Mexico [8]
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]
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.