Issued by Marathon Petroleum Corp.
Marathon Petroleum Corp. (NYSE: MPC) has released its 2017 Citizenship Report, which includes expanded data on safety, greenhouse gas emissions, process safety events, waste generation and more.
Marathon Petroleum Corp. (NYSE: MPC) has released its 2017 Citizenship Report, which includes expanded data on safety, greenhouse gas emissions, process safety events, waste generation and more. “Transparency about how we manage the risks in our business can bring society closer to making informed decisions about a future of abundant energy, a clean and safe environment, and prosperity for as much of mankind as possible,” says MPC Chairman and CEO Gary R. Heminger in his introduction to the report.
As MPC celebrates 130 years of providing affordable, reliable and plentiful energy, the company’s 2017 Citizenship Report highlights how it is able to accomplish its critical work while protecting its workers, communities, and the environment. For example, MPC’s refineries have earned more of the U.S. Environmental Protection Agency’s ENERGY STAR awards than all other petroleum refineries combined. The report also provides insight into the company’s commitment to pipeline safety, diversity and inclusion, community involvement, transparent governance principles that promote accountability, and much more.
MPC is the nation's second-largest refiner, with a crude oil refining capacity of approximately 1.9 million barrels per calendar day in its six-refinery system. Marathon brand gasoline is sold through approximately 5,600 independently owned retail outlets across 20 states and the District of Columbia. In addition, Speedway LLC, an MPC subsidiary, owns and operates the nation's second-largest convenience store chain, with approximately 2,730 convenience stores in 21 states. Through subsidiaries, MPC owns the general partner of MPLX LP, a midstream master limited partnership. Primarily through MPLX, MPC owns, leases or has ownership interests in approximately 10,800 miles of crude oil and light product pipelines. Also through MPLX, MPC has ownership interests in gathering and processing facilities with approximately 5.9 billion cubic feet per day of gathering capacity, 8 billion cubic feet per day of natural gas processing capacity and 610,000 barrels per day of fractionation capacity. MPC's fully integrated system provides operational flexibility to move crude oil, NGLs, feedstocks and petroleum-related products efficiently through the company's distribution network and midstream service businesses in the Midwest, Northeast, East Coast, Southeast and Gulf Coast regions.
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