San Antonio-based refiner Andeavor concluded a strong 2017 with $1.5 billion in annual earnings. This came after the company spent over $200 million in acquisitions, only to be acquired itself by rival Marathon Petroleum in April of this year. The merger created the biggest refiner in the country and comes amid high prices and a surge in demand for fuel. The combined company plans to keep growth humming with a major expansion in the Permian Basin in southeast Texas.
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