More than 200 will lose jobs in Gallup as oil giant idles refinery

Marathon Petroleum Corp. (NYSE:MPC) plans to shutter its refinery in Gallup for an indefinite period, and the company wants to evaluate the future of its facility in Martinez, Calif.

The Ohio-based petroleum refinery operator told employees at both refineries on Friday that the facilities would be idled, according to a statement provided by Marathon Petroleum Corporate Communications Manager Jamal Kheiry. The company did not plan to restart operations, the statement said.

The details of the facility…

PSC approves $100M credit to Alabama Power customers

A credit is coming to bills from Alabama Power this fall, as the Alabama Public Service Commission approved a $100 million credit to customers.

The credit, which customers will receive in October, will be approximately $25 for the typical customer.

According to Alabama News Center, the credit is based on lower expenses for the fuel Alabama Power uses at its generating plants due to the pandemic.