Marathon to take all of US refining venture

摘要

Marathon Oil will have its eye on rising Canadian heavy crude production when it takes full control of US Midwest-focused Marathon Ashland Petroleum later this year,officials said Mar 19.Marathon announced it had struck a US2.93-bil deal for partner Ashland's 38% stake in the MAP joint venture,giving it 100% of the US' fifth-largest refiner by the fourth quarter.MAP'S seven refineries have total capacity of 948,000 b/d,or 6% of US refining capacity.