BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 5.Aug.2025, Words: 301) — Marathon Petroleum Corp.‘s Refining & Marketing 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, Marathon is executing shorter-term projects that offer high returns through […]
Tag: refining
Amber Energy Selected to Acquire Citgo
(Amber Energy, 27.Sep.2024) — Amber Energy Inc. has been selected as the acquirer of PDV Holding, Inc., the parent of Citgo Petroleum Corporation, by Robert Pincus, the Special Master appointed by the U.S. District Court for the District of Delaware to oversee the sale of PDV Holding, Inc. Amber Energy is […]
Petrobras on Divestment of Refining and Logistics Assets
(Petrobras, 19.Aug.2022) — Petrobras, following up on the releases disclosed on 27 June 2022 and 15 July 2022, informs the beginning of the non-binding phase in the processes of sale of assets in refining and associated logistics in the country, which includes the refineries Abreu e Lima (RNEST) in Pernambuco, […]
Message From Petrobras’ CEO On 1Q:20 Results
(Petrobras, 15.May.2020) — Petrobras CEO Roberto Castello Branco delivered his message to shareholders related to the company’s first quarter 2020 results. “We express our solidarity with the victims of the global pandemic, at the same time as we are deeply grateful to the health professionals who have been standing out […]