Mplx

MPLX LP is gauging shipper interest in 11,000 b/d of incremental firm priority crude transport capacity from Wyoming to Utah. The open season, which runs through noon on Oct. 23, is for an expansion of the SLC Core Pipeline system and would move Denver-Julesburg Basin crude from Fort Laramie Station, WY, to Wahsatch Station, UT.…

MPLX LP is targeting high-return projects in the Permian Basin-to-Gulf Coast corridor as it continues to streamline 2020 growth capital expenditures (capex) to $1.5 billion, down by another $500 million from the most recent estimate.

MPLX LP is targeting high-return projects in the Permian Basin-to-Gulf Coast corridor as it continues to streamline 2020 growth capital expenditures (capex) to $1.5 billion, down by another $500 million from the most recent estimate.

With new leadership at the top, MPLX LP on Thursday outlined plans to continue pursuing its integrated crude oil and natural gas conduit from the Permian Basin to the Gulf Coast, bankrolled with a proposed $2 billion capital expenditure (capex) program next year.

Marathon Petroleum Corp. Chairman and CEO Gary Heminger, 66, plans to step down in 2020 after more than eight years at the helm to assuage the concerns of activist investors.

Marathon Petroleum Corp.’s two master limited partnerships (MLP) MPLX LP and Andeavor Logistics LP agreed Wednesday to combine in a transaction with an estimated equity value of $9 billion to enhance midstream prospects across the Lower 48.

MPLX LP plans to expand its operations in the Southwest to match growing activity in the Permian Basin and along the Gulf Coast as 2019 gets into high gear.

Federal and state regulators have reached a settlement with MPLX LP to pay nearly $7 million in fines and other measures aimed at strengthening air pollution controls at natural gas processing plants in six states.

An MPLX LP subsidiary launched a binding open season on Wednesday for commitments on a natural gas liquids (NGL) pipeline that would serve growing volumes in the Appalachian Basin.