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Marathon Petroleum Picks Up Contracts for 1,200 BP Retail Sites

2014-08-31 03:53:42| Oil & Gas - Topix.net

FINDLAY, Ohio & HOUSTON -- Marathon Petroleum Corp. has signed a definitive agreement to purchase BP's Texas City, Texas, refinery, related pipelines, four terminals and retail marketing contract assignments for approximately 1,200 branded sites for a base price of $598 million, plus inventories estimated at $1.2 billion.

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