Marathon pumps up profits

By LOU WILIN STAFF WRITER Refining more oil at higher profit margins last quarter, Marathon Petroleum Corp. quadrupled its profit to $891 million. The good results were amplified from a year earlier, when scheduled maintenance idled its largest refineries. Marathon...

MPLX expansion plans unveiled

By LOU WILIN STAFF WRITER To please investors, Marathon Petroleum Corp. plans to grow its steady-earning, big-dividend-paying subsidiary MPLX by selling key Marathon marine assets to it. Marathon did not report a price for the assets Thursday. The transaction is expected to close...

Flood-control plan: What comes next?

By DENISE GRANT STAFF WRITER As the Army Corps of Engineers’ flood-control plan for Findlay and Hancock County advances, the Hancock County commissioners say it’s still too early to talk about funding for the $65.9 million project. “I’m sure it will be...

Corps answers more questions

The Army Corps of Engineers has released a video answering more questions from last week’s public meeting about the draft flood-control plan for the Blanchard River in Hancock County. Officials from the corps spent nearly two hours on April 22 answering questions from a...

County promises better security at juvenile court

By DENISE GRANT Staff Writer Hancock County commissioners on Thursday promised a quick response to calls for better security for the juvenile and probate court. The commissioners met with Judge Kristen Johnson to discuss making the court more secure. A physical security...

Cooper completes technology work

Cooper Tire & Rubber Co. announced Thursday that it has completed work to develop advanced tire technology funded by a $1.5 million federal grant. According to a press release from Cooper, the grant — awarded by the U.S. Department of Energy’s Office of Energy...

Pedestrian hurt in morning crash

BENTON RIDGE — A pedestrian was injured when he was hit by a van at 4:20 a.m. Thursday in Benton Ridge. Earnest Mcloud, 53, of Benton Ridge, was taken by Hanco Ambulance to Blanchard Valley Hospital, according to the Hancock County Sheriff’s Office. He was hit while...

Marathon announces stock split

Marathon Petroleum Corp. on Wednesday declared both a common stock dividend and a 2-for-1 stock split. The dividend will be 50 cents per share, on a pre-split basis. The dividend is payable June 10 to shareholders of record on May 20. The 2-for-1 stock split will be distributed...
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