Marathon to Divest 166 stores

Marathon Oil Corp. has signed a non-binding Letter of Intent with ACON Investments LLC, NTR Partners LLC and TPG Capital, L.P. to sell most of its Minnesota downstream assets.   The assets include the 74,000 barrel per day St. Paul Park refinery and associated terminal, 166 SuperAmerica convenience stores along with the SuperMom’s Bakery (a

BP Looks To Future Goals

BP has outlined plans to further boost efficiency and reduce costs as it plans to improve its annual underlying pre-tax profitability by more than $3 billion over the next two to three years, the company announced in a press release. In addition, the company has extended its medium-term oil and gas production outlook, projecting that

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