HOUSTON/ NEW YORK, May 5- The U.S. oil and gas renaissance that has bestowed unexpected prosperity on states from North Dakota to Pennsylvania and boosted distillate production to a record high in the Midwest is also causing pockets of fuel scarcity: just ask Arkansas.
May 3- Oilfield services provider Oil States International Inc, bowing to pressure from top shareholder Jana Partners LLC, said it was considering spinning off its accommodations business, possibly through a real estate investment trust.
By Kristen Hays HOUSTON, May 2- Enterprise Products Partners. 600,000 barrels-per-day refinery in Port Arthur; Exxon Mobil Corp's 560,500 bpd Baytown and 344,500 bpd Beaumont plants; Marathon Petroleum Corp's 451,000 bpd Galveston Bay refinery; and Valero Energy Corp's.
May 1- U.S. independent refiner Phillips 66 expects North Dakota's Bakken crude oil to be competitively priced to move via rail to East and West coast markets despite a narrowing of the U.S. crude benchmark's price discount to London's Brent, an executive told analysts on Wednesday.
May 1- Marathon Petroleum Corp:. *Macquarie raises target price to $110 from $106; rating outperform. Reuters Station users, click. 1568.
April 30- Madison Pacific Properties Inc:. *Announces appointment of chief financial officer. *Di Marco will be replacing William Ramsey.
By Kristen Hays HOUSTON, April 30- Marathon Petroleum Corp. expects the narrowed spread between U.S. crude benchmark West Texas Intermediate and London's Brent crude to widen again, though not necessarily to the $20- plus level seen earlier this year, company executives said on Tuesday.
HOUSTON, April 30- Marathon Petroleum Corp. expects the narrowed spread between U.S. crude benchmark West Texas Intermediate and London's Brent crude to widen again, though not necessarily to the $20- level seen earlier this year, a company executive told analysts on Tuesday.
*Valero EPS $1.18 v Street $1.00. HOUSTON, April 30- Valero Energy Corp and Marathon Petroleum Corp reported higher first-quarter profits on Tuesday as both U.S. refining companies continued to look for ways to boost the use of cheaper domestic crude oil.
April 30- Marathon Petroleum Corp on Tuesday reported a 22 percent increase in quarterly earnings, helped by higher sales from its Galveston Bay plant. Marathon, the third-largest stand-alone U.S. refining company, said its first-quarter profit was $725 million, or $2.17 per share, compared with $596 million or $1.70 per share, a year earlier.
Marathon said its first-quarter profit was $725 million, or $2.17 per share, compared with $596 million or $1.70 per share in the same quarter a year earlier.
April 30- Marathon Petroleum Corp on Tuesday reported a 22 percent increase in quarterly earnings, helped by higher sales from its Galveston Bay plant. Marathon, the third-largest stand-alone U.S. refining company, said its first-quarter profit was $725 million, or $2.17 per share, compared with $596 million or $1.70 per share, a year earlier.
Marathon said its first-quarter profit was $725 million, or $2.17 per share, compared with $596 million or $1.70 per share in the same quarter a year earlier.
Marathon said its first-quarter profit was $725 million, or $2.17 per share, compared with $596 million or $1.70 per share in the same quarter a year earlier.
**PFIZER INC, Monday close $30.43, down 5 pct premarket. **ZOETIS INC, Monday close $32.66. **NUANCE COMMUNICATIONS INC, Monday close $23.3, down 8 pct premarket.
HOUSTON, April 30- Marathon Petroleum Corp. has narrowed to below $9 a barrel, the first time Brent's premium to its U.S. counterpoint has been less than $9 since June 2012. Gary Heminger, chief executive of Marathon Petroleum, told Reuters in an interview that Europe's weak economy and a heavy refinery turnaround season depressed demand, pushing down Brent prices.