https://www.live-feeds.com/feed/carl-icahn-s-cvr-energy-strikes-4-billion-deal-for-two-marathon-refineriesContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/carl-icahn-s-cvr-energy-strikes-4-billion-deal-for-two-marathon-refinerieshttps://www.live-feeds.com/feed/carl-icahn-s-cvr-energy-strikes-4-billion-deal-for-two-marathon-refineries#u180137Fri, 06 Nov 2026 05:52:00 +0000CVR Energy Inc. is buying oil refineries in Mandan, North Dakota, and St. Paul Park, Minnesota, from Marathon Petroleum in a deal valued at $4.2 billion. The acquisition includes Marathon's related marketing business. CVR Energy CEO Dane Neumann stated the move allows the company to strategically grow and diversify its operations. The deal comes as the industry faces global fuel supply disruptions and record refining margins. MPLX LP will also divest related midstream assets as part of the broader divestment strategy by Marathon Petroleum.Why it mattersCarl Icahn controls CVR Energy, whic