Marathon Petroleum to permanently close two U.S. oil refineries

1 Aug by Vitaliy Dadalyan

Marathon Petroleum to permanently close two U.S. oil refineries

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Marathon Petroleum to permanently close two U.S. oil refineriesMarathon Petroleum plans to permanently close two small U.S. oil refineries in Martinez, California, and Gallup, New Mexico, the company said, eliminating 800 jobs in response to lower fuels demand. The largest U.S. refiner by volume had earlier idled the two facilities following weak demand due to COVID-19 outbreaks in the United States. Marathon said it plans to use the Martinez facility as an oil-storage facility and is evaluating its future use to produce renewable diesel, a fuel made from industry waste and used cooking oil.