Marathon to sell St. Paul Park refinery
Marathon Petroleum agreed to sell its St. Paul Park refinery to Texas-based CVR Energy as part of a $4.2 billion package of refineries.[1]
The package covers multiple Marathon refineries and includes the St. Paul Park plant, a major supplier of gasoline and diesel to the Twin Cities and the upper Midwest.[1] Closing remains subject to regulatory review and other customary conditions, and neither company has provided specifics on potential job or operational changes at St. Paul Park.[1]
Marathon reached the $4.2 billion agreement to sell a package of refineries to CVR Energy.[1] Local officials, refinery workers, and fuel-market watchers will look to forthcoming filings and the regulatory review for clues about timing and any changes to the Twin Cities fuel supply.
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📌 Key Facts
- Marathon Petroleum reached a $4.2 billion agreement to sell a package of refineries to Texas-based CVR Energy.
- The deal includes Marathon’s St. Paul Park refinery, a major supplier of fuels to the Twin Cities and upper Midwest.
- Closing is subject to regulatory review and other conditions, and neither company has yet detailed specific job or operational changes at St. Paul Park.
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