Marathon Petroleum Corporation

Recent News About Marathon Petroleum Corporation View More

MARATHON PETROLEUM CORPORATION: Capline Pipeline Owners To Launch Binding Open Season

The owners of the Capline pipeline system intend to conduct a binding open season in January 2019 for a reversed Capline system, which would transport crude oil from origination points near Patoka, Illinois, and Collierville, Tennessee, to the U.S.

MARATHON PETROLEUM CORPORATION: Marathon Petroleum Corporation Commences Exchange Offers And Andeavor Commences Consent Solicitations

FINDLAY, Ohio and SAN ANTONIO, Aug. 29, 2018 /PRNewswire/ -- Marathon Petroleum Corporation (NYSE: MPC) ("MPC") and Andeavor (NYSE: ANDV) today announced that, in connection with the anticipated combination of MPC and Andeavor, MPC has commenced offers to exchange (each an "Exchange Offer" and collectively, the "Exchange Offers") any and all outstanding notes issued by Andeavor as set forth in the table below (the "Existing Andeavor Notes") for (1) up to $3,375,000,000 aggregate principal amount of new notes issued by MPC (the "New MPC Notes") and (2) cash.

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