Monday 5 December 2022
Marathon Petroleum

Marathon to buy Andeavor in biggest oil refinery deal

US-based Marathon Petroleum Corporation (MPC) and Andeavor (ANDV) have entered into a merger agreement under which MPC will acquire all of ANDV's outstanding shares, representing a total equity value of $23.3 billion and total enterprise val


Total buys key Libyan oil firm stake for $450m

French energy company Total said it has acquired a 16.33 per cent stake in Libya's Waha concessions from Marathon Petroleum in a deal worth $450 million as part of its expansion strategy for  Middle East and North Africa (Mena ) region.

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