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Marathon Petroleum Corp

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  • July 30- Hess Corp said on Wednesday it would form a master limited partnership for its North Dakota oil and natural gas storage facilities and processing plants, taking advantage of a key financial trend in the energy sector to generate cash.

  • July 30- Oil and natural gas producer Hess Corp said it plans to form a publicly traded master limited partnership comprising its pipeline and storage assets in North Dakota's Bakken oil shale field. Hess said it expected the MLP to file a registration statement with the U.S. Securities and Exchange Commission in the fourth quarter.

  • HOUSTON, July 25- Exxon Mobil Corp is considering a multibillion-dollar plan to expand its Beaumont, Texas, refinery into the country's largest, the first major refining investment of the U.S. shale oil boom, people with knowledge of the deliberations said.

  • Michigan denies Detroit oil byproduct storage Friday, 18 Jul 2014 | 9:40 AM ET

    TRAVERSE CITY, Mich.— A company cannot store piles of petroleum coke at an open riverfront site in Detroit because it does not have adequate measures in place to control dust, a Michigan state agency said Thursday.

  • US STOCKS-Wall St gains with drugmakers, broadcasters Wednesday, 25 Jun 2014 | 5:09 PM ET

    *Monsanto rallies on outlook and stock-repurchase plans. *CBS shares jump after Supreme Court ruling. Shares of CBS jumped 6.2 percent to $62.48 after the U.S. Supreme Court ruled that online TV startup Aereo Inc violates copyright law by using tiny antennas to provide subscribers with broadcast network content via the Internet.

  • US oil ends under $104, boosted by stockpiles data Thursday, 29 May 2014 | 2:40 PM ET

    U.S. crude rose after government data showed a sharp drop in gasoline stocks that outweighed a build in overall crude stocks.

  • TOKYO, May 29- U.S. crude oil futures held below $103 a barrel on Thursday after investors took profits ahead of a government report expected to show a build in crude stockpiles, but gained some support from tensions in Libya and Ukraine.

  • UPDATE 8-U.S. oil falls $1 on expected inventory build Wednesday, 28 May 2014 | 3:28 PM ET

    NEW YORK, May 28- U.S. crude fell more than $1 a barrel on Wednesday as traders took profit ahead of inventory reports that were expected to show a build in crude, while Brent edged lower, propped up by geopolitical tensions in Ukraine and Libya.

  • NEW YORK, May 28- U.S. crude fell more than $1 on Wednesday as traders took profit ahead of inventory reports that are expected to show a build in crude, while Brent edged slightly lower, propped up by geopolitical tensions in Ukraine and Libya.

  • NEW YORK, May 28- Crude oil prices slid lower for a second straight day on Wednesday as a stronger dollar and lower demand outweighed geopolitical tensions in Ukraine and Libya and positive economic data in the United States.

  • Sizzling market for US IPOs cooling down Friday, 23 May 2014 | 8:40 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Companies are reconsidering their approach to listings as enthusiasm for once-booming biotech and social media offerings has wavered. The FT reports.

  • Collectible toy trucks survive Hess deal Thursday, 22 May 2014 | 12:53 PM ET

    Collectors can breathe easy as Hess announced it will continue making its toy trucks after the sale of its retail arm to Marathon Petroleum.

  • *Deal to give Speedway gas stations, stores on East Coast. May 22- Refiner Marathon Petroleum Corp said it would buy oil and natural gas producer Hess Corp's retail business for $2.87 billion to expand its network of gas stations and convenience stores along the U.S. East Coast.

  • Early movers: BBY, SHLD, GS, JD, DRI, ATVI & more Thursday, 22 May 2014 | 7:37 AM ET
    Traders on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • The flurry of activity occurred at 3:49 p.m. EDT, with most of the affected stocks listed on the New York Stock Exchange, owned by IntercontinentalExchange Group Inc. The volatility caused moves of close to 5 percent in certain stocks, such as Nabors Industries Ltd..

  • Turbulence hits batch of U.S. stocks near the close Tuesday, 13 May 2014 | 5:16 PM ET

    The flurry of activity occurred at 3:49 p.m. EDT, with most of the affected stocks listed on the New York Stock Exchange, owned by IntercontinentalExchange Group Inc. The volatility caused moves of up to about 5 percent in certain stocks, such as Nabors Industries Ltd..

  • UPDATE 1-Western Refining says margins strengthening Tuesday, 6 May 2014 | 6:55 AM ET

    Inland refiners such as Western Refining, HollyFrontier Corp and Marathon Petroleum Corp are benefiting from easy access to cheap shale crude, boosting their refining margins.

  • NEW YORK, March 31- Last year's spike in the price of ethanol blending credits cost independent refiners at least $1.35 billion, more than three times as much as the year before, according to a Reuters' review of securities filings.

  • *Coast Guard says will re-open channel' as soon as we can'. TEXAS CITY, Texas March 24- The closure of the vital Houston Ship Channel looked set to extend to a fourth day after the Coast Guard struggled to finish cleaning up after an oil barge spill on Monday, threatening to force deeper production cuts at local refiners.

  • *Coast Guard says will re-open channel' as soon as we can'. "We will begin the process of a tapered... not a floodgate resumption of marine traffic," Captain Brian Penoyer, commander of U.S. Coast Guard sector Houston- Galveston and captain of the Port of Houston, told reporters on Monday.