Crude Oil Prices2h
Saudi Arabia’s Texas Refinery Just Made a Power Move
While some U.S. refiners are scaling back, Saudi Arabia’s Motiva Enterprises just made a power move. The Saudi Aramco-owned refinery in Port Arthur, Texas, has quietly expanded its capacity, now ...
ONEOK and Marathon Petroleum Corp. are partnering to build a $1.4 billion export terminal
Oklahoma partner with Ohio oil company to increase production and connectivity on the Gulf Coast. Projects will be completed ...
Oneok, MPLX to invest $1.75 billion for Texas City export terminal and connecting pipeline
Two midstream companies are investing a combined $1.75 billion in a new export terminal and a connecting pipeline in the ...
Marathon Says Canadian Oil Producers, US Consumers Would Bear Most Tariff Costs -- OPIS
Canadian oil producers would absorb most of the cost of U.S. tariffs, while a smaller share of the added cost would be passed on to U.S. consumers. Marathon Petroleum Chief Executive Maryann Mannen ...
The Globe and Mail25d
Trump’s tariff pledge weighing heavily on U.S. refiners that rely on Canadian crude
Marathon Petroleum Corp.’s MPC-N Texas City refinery, constructed in 1931, has a capacity of 631,000 barrels per day. About 1,550 people work here full-time, processing crude oil into gasoline ...