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TexasTowelie

(117,040 posts)
Tue May 1, 2018, 03:04 AM May 2018

North Dakota refineries become part of Marathon Petroleum under merger

Marathon Petroleum Corp. announced Monday it is merging with Andeavor, the owner of North Dakota’s two oil refineries.

Marathon Petroleum is buying Andeavor for more than $23 billion, a transaction that would make the combined company the largest U.S. refiner.

The combined company will have headquarters in Findlay, Ohio, and will be called Marathon Petroleum, said Andeavor spokeswoman Destin Singleton.

Andeavor, recently known as Tesoro, employs 300 people at the Mandan Refinery and the Dickinson Refinery.

Read more: http://bismarcktribune.com/news/local/n-d-refineries-become-part-of-marathon-petroleum-under-merger/article_65f1de34-bafd-5d41-a368-aba242207cff.html#tracking-source=home-top-story

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