Marathon Petroleum in the context of "Marathon Anacortes Refinery"

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⭐ Core Definition: Marathon Petroleum

Marathon Petroleum Corporation is an American petroleum refining, marketing, and transportation company headquartered in Findlay, Ohio. The company was a wholly owned subsidiary of Marathon Oil until a corporate spin-off in 2011.

Marathon Petroleum traces its origin from a number of small oil companies in Ohio that banded together in 1887. These formed The Ohio Oil Company established in Lima, Ohio. It became the largest oil producer in the state. By 1889, the company was acquired by the Standard Oil Trust and six years later its headquarters was moved to Findlay. In 1906, the company built its first oil pipeline, which connected its facilities in Martinsville, Illinois, and Preble, Indiana.

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👉 Marathon Petroleum in the context of Marathon Anacortes Refinery

The Anacortes Refinery is a petroleum refinery located about 70 miles north of Seattle on March Point (Puget Sound), just outside Anacortes, Washington, United States. The refinery has operated in Anacortes since 1955, and has 425 full-time employees. It has a 120,000 barrels per day (bpd) capacity and is operated by Marathon Petroleum.

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Marathon Petroleum in the context of Atlantic Richfield Company

ARCO (/ˈɑːrk/ AR-koh) is a brand of gasoline stations owned by Marathon Petroleum. BP, which formerly owned the brand, uses it in California, Oregon and Washington, while Marathon has rights for the rest of the United States and Mexico.

ARCO was established in 1966 as the Atlantic Richfield Company, an independent oil and gas company formed from the merger of Atlantic Petroleum and the Richfield Oil Corporation.

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Marathon Petroleum in the context of Findlay, Ohio

Findlay (/ˈfɪnli/ FIN-lee) is a city in Hancock County, Ohio, United States, and its county seat. The second-largest city in Northwest Ohio, Findlay lies about 40 miles (64 km) south of Toledo. The population was 40,313 at the 2020 census. The principal city of the Findlay micropolitan area, it is home to the University of Findlay and the headquarters of Marathon Petroleum.

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Marathon Petroleum in the context of Atlantic Petroleum

Atlantic Petroleum was an oil company in the Eastern United States headquartered in Philadelphia, Pennsylvania, and a direct descendant of the Standard Oil Trust. It was also one of the companies that merged with Richfield Oil Corporation to form the "AtlanticRichfield Co.", later known as ARCO.

After an unsuccessful spinoff from ARCO, Atlantic was acquired by Sunoco in 1988. The remainder of ARCO was later acquired by BP, but BP later sold most of Arco's retail assets and brand name to Tesoro, later briefly renamed to Andeavor, and eventually acquired by Marathon Petroleum, which owns the ARCO brand to this day.

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