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Marathon Petroleum Corp

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  • NEW YORK, Aug 20- As the first U.S. oil condensate exports head to Asia from the Gulf Coast, crude producers and refiners are exploring ways to get around a century-old law that makes it three times more expensive to ship by water between U.S. ports than to sail to a foreign port.

  • NEW YORK/ HOUSTON, July 31- Chemicals firm LyondellBasell, part of Ukrainian-born billionaire Leonard Blavatnik's business empire, said it will quit buying "disputed" oil from Iraq- one day after Reuters identified it as the mystery American importer of Kurdish crude.

  • HOUSTON, July 31- Murky private rulings from the U.S. Commerce Department to a pair of companies allowing exports of a very light form of domestic oil with minimal processing confused many in the market over exactly what can be exported, Marathon Petroleum Corp Chief Executive Gary Heminger said on Thursday.

  • NEW YORK/ HOUSTON, July 31- Chemicals firm LyondellBasell, owned by Ukraine- born billionaire Leonard Blavatnik, has emerged as the mystery American buyer of Kurdish crude oil this year, but said on Thursday it will not be buying any more due to an ownership dispute.

  • July 31- Marathon Petroleum Corp, the third-largest standalone U.S. refining company, said its quarterly profit rose 44 percent, helped by higher crude refining margins on the Gulf of Mexico coast.

  • Marathon Petroleum profit rises 44 pct as margins rise Thursday, 31 Jul 2014 | 7:09 AM ET

    July 31- Marathon Petroleum Corp's quarterly profit rose 44 percent, helped by higher crude refining margins on the Gulf of Mexico coast. The refiner's net profit rose to $855 million, or $2.95 per share in the quarter ended June 30, from $593 million, or $1.83 per share, a year earlier.

  • NEW YORK, July 30- Chemicals firm LyondellBasell, owned by Ukraine- born billionaire Leonard Blavatnik, appears to be the mystery American buyer of two cargoes of Kurdish crude delivered in May, according to U.S. government data and industry sources.

  • 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.

  • 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.

  • Midday movers: CBS, HBI, MON, BMY, MDCI & More Wednesday, 25 Jun 2014 | 11:28 AM ET

    Take a look at some of Wednesday's midday movers.

  • 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.