Feb 3 (Reuters) - Marathon Petroleum reported fourth-quarter profit above Wall Street estimate on Tuesday, as a 44% jump in ...

Marathon Petroleum (MPC) operates the largest heavy crude refinery in Louisiana at 606,000 barrels per day. The Garyville facility is positioned to capture 20% to 30% of increased Venezuelan oil ...

Marathon Petroleum delivered a decisive fourth-quarter earnings beat as sharply higher refining margins and strong utilization rates drove profits well above Wall Street expectations.

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Kazakhstan plans to build a new large refinery and boost existing refining ...

On Tuesday, oil prices were up 2% due to ongoing concerns over Russian oil supply. This was due to revelations that Ukraine has increased drone attacks on Russian oil refineries with some effect.

South Africa, one of the wealthiest countries in Africa, relies on oil imports to meet its fuel demand despite having the ability to produce more. According to Business Insider, South Africa relies on ...

Ukraine has started attacking Russian oil and refining assets with more aggressiveness. The change in the dynamic of the war caused oil prices to rise, Occidental and other U.S.-based oil companies ...