Welcome to the U.S. Energy Information Administration reveiw of aspects of the Marathon Ashland Petroleum joint ventures created by USX's Marathon Oil affiliate and Ashland Corporation that was announced May 15, 1997. The Marathon Ashland Petroleum joint venture is the combination of the Marathon-branded outlets, SuperAmerica-branded outlets, and Ashland-branded outlets, all of which are chiefly found in the midwestern U.S. The joint venture began operations January 1, 1998. Contact the National Energy Information Center at (202) 586-8800 for additional information.

Aspects of the Proposed Refining/Marketing Joint Venture of USX/Marathon Oil and Ashland Corporation

On May 15, 1997 The Wall Street Journal reported that USX/Marathon Oil and Ashland Corporation intend to form a refining/marketing joint venture by combining their refining and marketing operations into a single company.   The proposed joint venture is valued at $5 billion and will be named Marathon Ashland Petroleum.   The joint venture will include a total of 7 refineries, 4 provided by USX/Marathon and 3 provided by Ashland, and related assets, including a total of 4,000 Marathon branded retail outlets (including those operated by Emro Marketing) and 600 Ashland (or SuperAmerica) branded retail outlets.   The venture will be controlled by USX/Marathon Oil, which will hold 62 percent of the ownership of the venture.

The following links provide company-level data from various public sources and relevant aggregate data to inform discussions of the proposed Marathon Ashland Petroleum joint venture of USX/Marathon Oil and Ashland Corporation.   This data presentation is similar to data presentations that have been previously requested from EIA for other significant energy company mergers and/or corporate alliances.

Refining Tables

U.S. Refining Crude Oil Distillation Capacity, Marathon Ashland Petroleum Joint Venture
U.S. Refining Crude Oil Distillation Capacity, Marathon Ashland Petroleum Joint Venture, PAD District Detail

Marketing Tables

U.S. Motor Gasoline Retail Outlets, Marathon Ashland Petroleum Joint Venture
U.S. Motor Gasoline Retail Outlets, Marathon Ashland Petroleum Joint Venture, State-Level Detail

 

Financial Analysis Team, Office of Energy Markets and End Use, Energy Information Administration, March 26, 2002

Contact:
Neal Davis
neal.davis@eia.doe.gov
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National Energy Information Center
Phone: (202) 586-8800

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