Marathon Petroleum Corp. (MPC) and Harvest Pipeline Company announced yesterday they’re working together to build a system to bring natural gas liquids (NGLs) from the Utica Shale in eastern Ohio and western Pennsylvania to Marathon’s refineries by truck and barge along the Ohio River. The joint project will be completed by the end of 2013. [...]
Rumors are leaking that Marathon Oil Corp. has put 80,000 Marcellus Shale acres in West Virginia and Pennsylvania up for sale in an effort to trim back on “non-core” assets. Here’s what’s being reported:
Marathon Petroleum President Gary Heminger, speaking at the Hancock County Republican Party Century Club Dinner in Ohio on Thursday, predicted a great future for Utica Shale oil. He also offered some interesting insights into how much, and where, Utica Shale oil Marathon will be refining this year and next.
Triana Energy is stepping up its commitment to drilling in the Marcellus Shale by entering into a partnership with Marathon Oil. From the official press release:
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