Monday, April 30, 2018
Marathon oil texas city refinery

Marathon to Become Top U.S. Refiner with $23 Billion Acquisition of Andeavor

By John Benny – April 30 (Reuters) – Marathon Petroleum Corp agreed to buy rival Andeavor for more than $23 billion in a deal creating one of the largest global refiners...

April 30, 2018
Total Views: 7

Friday, May 3, 2013

Breakaway Barges Halt Loading of Crude at Marathon’s Wood River Dock

Marathon Petroleum Corp. is unable to load oil from a barge dock on the Mississippi River at Wood River, Illinois, which may depress Canadian oil prices if repairs are lengthy.

May 3, 2013
Total Views: 8

Thursday, October 6, 2011

Marathon Oil Mulling “Farming Down” Gulf of Mexico Portfolio

HOUSTON (Dow Jones)–Marathon Oil Corp. (MRO) said Thursday it is considering selling minority stakes in its U.S. Gulf of Mexico assets in order to increase returns for shareholders. “Given the...

October 6, 2011
Total Views: 3

Wednesday, February 2, 2011

Marathon Oil sets $5.267 billion capital, investment and exploration budget

HOUSTON, Feb. 2, 2011 – Marathon Oil Corporation (NYSE: MRO) announced today a $5.267 billion capital, investment and exploration budget for 2011, consistent with prior guidance and a 9 percent...

February 2, 2011
Total Views: 1

Monday, January 3, 2011

Marathon Oil Co. Terminates ‘Noble Jim Day’ Contract

ZUG, Switzerland, Jan. 3, 2011: Noble Corporation (NYSE: NE) today reported that Marathon Oil Company (“Marathon”) has provided notice that it is terminating the drilling contract for the ultradeepwater semisubmersible...

January 3, 2011
Total Views: 9