Marathon Petroleum Corporation reports news as an integrated downstream and midstream energy company with the nation's largest refining system, a U.S. marketing network that includes Marathon-branded retail outlets, and a majority ownership interest in MPLX LP.
Recurring updates cover Refining & Marketing results, Midstream performance, Renewable Diesel operations, refinery turnarounds and capital projects such as jet fuel and FCC upgrades. Company announcements also address quarterly dividends, share repurchase authorizations, capital returns, annual meeting timing, and MPLX gathering, processing, fractionation, transportation and logistics activity.
Marathon Petroleum Corp. (NYSE: MPC) has appointed Ehren D. Powell as Senior Vice President and Chief Digital Officer, effective July 20, 2020. Powell, formerly of GE Healthcare, will oversee the company's technology strategy and digital assets. His extensive experience in improving operational performance and driving cost efficiencies is expected to enhance Marathon's capabilities. MPC operates the largest U.S. refining system, with a capacity of over 3 million barrels per day across 16 refineries, and owns Speedway convenience stores and a majority stake in MPLX LP.