Marathon Petroleum Corp - Enterprise Tech Ecosystem Series

Marathon Petroleum Corp - Enterprise Tech Ecosystem Series

Summary

Marathon Petroleum Corp (Marathon) is an integrated downstream energy company. The company, which has 13 refineries across 12 states in the US, supplies gasoline and distillates to resellers across the US. The company distributes refined petroleum products through privately operated domestic fleets of inland petroleum barges and terminal operations. The company’s integrated midstream energy asset network connects American natural gas liquids (NGLs) and natural gas companies with the US and foreign oil and gas markets. The company has two operating segments: Midstream and Refining & Marketing. The Refining & Marketing segment is engaged in refining crude oil and renewable feedstocks at the company’s refineries in the West Coast, Mid-Continent, and Gulf Coast regions of the US. It also buys ethanol and refined products for resale and distributes refined products. The midstream segment is engaged in transporting, storing, distributing and marketing crude oil and refined products primarily for the Refining & Marketing segment through pipelines, barges, towboats and refining logistics assets. It is also engaged in processing and transporting natural gas.

This report provides insight into Marathon Petroleum's digital technology activities, including its digital transformation strategies, its technology initiatives, and its estimated ICT budget.

Scope

• Marathon Petroleum is utilizing a number of emerging technologies such as big data, cloud, virtual & augmented reality, robotics, renewable energy, unmanned aerial vehicles, e-commerce and wearable technology to improve operational safety, efficiency, customer engagement, develop STEM skills in the community, and increase production of renewable fuels.

• Gain insights into Marathon Petroleum’s digital transformation strategies.
• Gain insights into its technology themes under focus.
• Gain insights into its various product launches and partnerships.