Recent events
Recent events tied to this brand in public sources.
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2026
Marathon and MPLX announce refinery sale to CUR Energy
Marathon Petroleum Corporation and MPLX LP announced a deal to sell their Mandan refinery and the St. Paul Park refinery, along with supporting midstream assets, to CUR Energy, Inc. for $4.2 billion plus inventory. The deal is expected to close by the end of 2026, pending federal regulatory review.
2026
MPLX announces sale of associated logistics assets
MPLX announced the sale of associated logistics assets for $750 million in conjunction with MPC's announced sale of its St. Paul Park and Mandan refineries. The transaction is expected to close at the end of 2026.
2026
Marathon Petroleum reports Q3 net income
Marathon Petroleum Corporation reported Q3 net income of $7.4 billion.
2026
Cognite named Marathon Petroleum’s Corporate Supplier of the Year
Cognite announced it was named the Corporate Supplier of the Year winner in Marathon Petroleum Corporation’s 11th Annual Supplier Recognition Awards.
2026
Government contract payment of $38 million to Marathon Petroleum
A government contract update reported a $38 million payment to Marathon Petroleum Company LP. The source does not identify the contracting agency, the goods or services covered, or the payment date.
2022
Marathon Petroleum and Neste announce Martinez renewable fuels joint venture
Marathon Petroleum announced definitive agreements with Neste to form a 50/50 joint venture for Marathon’s Martinez renewable fuels project. The venture remains subject to customary closing conditions and regulatory approvals.
2021
Marathon Petroleum completes sale of Speedway to 7-Eleven
Marathon Petroleum announced the close of its $21 billion sale of Speedway to 7-Eleven, Inc., a wholly owned indirect subsidiary of Seven & i Holdings.
2021
Southwest signs SAF partnership MoUs with MPC and Phillips 66
Southwest Airlines signed memoranda of understanding with Marathon Petroleum Corporation and Phillips 66 for collaboration that includes the use of commercialized sustainable aviation fuel in Southwest's operations.
2020
Marathon Petroleum begins company-wide job cuts
Marathon Petroleum began cutting jobs across the company on Tuesday, according to people familiar with the matter. The cuts included salaried staff at its Galveston Bay plant and Los Angeles refinery.
2020
7-Eleven agrees to acquire Speedway
Marathon Petroleum announced an agreement under which 7-Eleven would acquire Speedway for $21 billion in cash. The transaction was expected to close in the first quarter of 2021, subject to closing conditions and regulatory approvals.
2020
MPLX reports fourth-quarter and full-year 2019 results
MPLX reported fourth-quarter and full-year 2019 financial results, including a fourth-quarter net loss attributable to MPLX of $581 million and full-year net income attributable to MPLX of $1.0 billion.
2020
MPLX announces lower 2020 growth capital target
MPLX announced that it was lowering its 2020 growth capital target to approximately $1.5 billion from approximately $2.0 billion.