Oil Refining Merger: Marathon Petroleum to Buy Andeavor

Bloomberg News is reporting today that Marathon Petroleum Corp has agreed to buy US refining company Andeavor in a $23.3 billion deal making Marathon the biggest independent refining company in the United States.

https://www.bloomberg.com/news/articles/2018-04-30/marathon-to-buy-andeavor-in-23-3-billion-u-s-oil-refining-deal

The main reason for bringing this up here is there is connection between Andeavor and Andrea Rossi. William S. Hurley, a senior engineer at Andeavor, was with Rossi at the Stockholm E-Cat QX demonstration. Alan Smith reported that when he asked Mr. Hurley what his interest was in the E-Cat, he replied it was because they used a lot of heat in the refining business.

We don’t know how closely associated Rossi is with Andeavor, but there is clearly at least some knowledge about the E-Cat at the company, and it would be interesting to know if there was any discussion of the potential of the E-Cat in the talks that led up to this purchase. We’ll probably never find out, but if the E-Cat does hit the market, we could well see the oil refining industry taking advantage of it as a means of cutting costs.

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