Marathon Petroleum Corporation’s Post

Unlock the potential of premium petroleum products with Liquid Gold Petro. 💫 Experience the difference that quality fuel can make in your business operations. Elevate your performance and drive success. #PremiumFuel #PetroleumQuality #LiquidGoldPetro #BusinessExcellence #FuelInnovation

ECC To Discuss Oil Refining Policy 2023 The Economic Coordination Committee (ECC) of the Cabinet, in its meeting which is scheduled to be held on Monday, August 07, 2023, will discuss the Draft Pakistan Oil Refining Policy 2023 for the upgradation of existing / brown refineries. #ecc #oilandgasindustry #oilandgasindustry #psx #stockmarket

#NumberOfTheMonth The public investments in the petroleum sector doubled during Q2 2022/23 compared to the previous quarter. In Q2, the investments accounted for EGP 6.76 billion, while in Q1, they accounted only for EGP 2.98 billion. The primary driver behind the rise in petroleum public investments is the notable increase in investments in petroleum refining activities. Investments in this sector experienced a substantial growth rate of 216.49%, reaching EGP 4,386 million in Q2, in comparison to EGP 1,386 million in Q1, according to Ministry of Planning and Economic Development. #Investements #Petroleum

AESSEAL in action at a South African petroleum refinery. For sealing tips and tricks and industry-beating case studies, follow AESSEAL. When the going gets tough, contact AESSEAL and speak to one of our global experts. #AESSEAL #petroleumrefinery

Put your knowledge to the test about crude oil! Can you guess the correct method used to refine petroleum? Comment your answers and tag your friends too #HPCL #HPRetail #MeraHPPump   #PetrolTrivia #Trivia #CrudeOil

ExxonMobil’s $60B Deal: U.S. Oil Resurgence The resurgence of U.S. crude oil production to an all-time high of 13.2 million barrels per day marks a pivotal moment shaped by various factors. Read More: https://cutt.ly/xwQkF0Ci #UScrudeoilproduction  #barrels #ExxonMobil #OilResurgence #news #dailynews #topnews #trendingnews #bestnews #usnews #ciooutlooknews 

The National Petroleum Authority (NPA) has set new price floor for Oil Marketing Companies (OMCs) selling petroleum products from May 1, to May 15, 2024. Based on a circular sent to the OMCs and Bulk Oil Distribution Companies, seen by JOY BUSINESS, a litre of petrol is not expected to be sold below GH¢13.63. This represents some marginal increase from the GH¢13.02 announced by the NPA when the policy started from April 16, 2024. Diesel has been kept unchanged with a price floor ofGH¢13.07 a litre. The NPA also directed that a kilogram of Liquefied Petroleum Gas (LPG) must not be sold less than, GH¢10.55 pesewas. This represents an increase from the GH¢10.52 quoted from April 16 2024. The circular reminded all the various players including the OMCs to strictly comply with the new pricing guidelines for the industry. The price floor announcement covers the second pricing window for petroleum products, which runs from April 16 to April 30, 2024.

About 2 mmbpd of new oil refining capacity is taking place specially at non-OECD countries that would ease a tight market situation. US refineries in general share a good margin position. #oilrefineries #fuels #refiningcapacity