Marathon Begins Construction on
Detroit HOUP
June 20, 2008 – Marathon Oil Corporation (NYSE: MRO) today announced that construction of the estimated $1.9 billion heavy oil upgrading project at its Detroit refinery is underway following issuance of an air quality permit by the Michigan Department of Environmental Quality.
With expected completion in late 2010, the project will increase the refinery’s total capacity from 102,000 barrels per day (bpd) to 115,000 bpd, which will include an additional 80,000 bpd of heavy oil capacity. The increased refining capacity will supply more than 400,000 additional gallons of clean transportation fuels a day to the marketplace.
