HOUSTON, TEXAS (By editors at Energy Analytics Institute, 4.Feb.2025, Words: 364) — Marathon Petroleum Corp. (MPC)‘s standalone (excluding MPLX) capital spending outlook is $1.25bn for 2025, of which 70% will be destined to enhance capital with 30% sustain capital.
MPC’s 2025 capital spending outlook includes continued high return investments at its Los Angeles, Galveston Bay and Robinson refineries. In addition to these multi-year investments, MPC is executing shorter-term projects that offer high returns through margin enhancement and cost reduction, the company announced 4 Feb. 2025 in an official statement.
