ABS CBN (Free subscription) | 18/08/2008
PERTH - Oil rose over $1 to near $115 a barrel on Monday as investors eyed a potential supply threat from Tropical storm Fay to oil and gas production in the Gulf of Mexico. Royal Dutch Shell and Marathon Oil Corp. have pulled non-essential workers from the eastern and central Gulf of Mexico due to the storm threat, but offshore production was unaffected, the companies said on Sunday.
Reuters UK (Free subscription) | 18/08/2008
HOUSTON (Reuters) - Royal Dutch Shell and Marathon Oil Corp pulled nonessential workers from the eastern and central Gulf of Mexico due to the threat of Tropical Storm Fay, but offshore production was unaffected, the companies said on Sunday.
Globe and Mail (Free subscription) | 12/08/2008
U.S. energy company Marathon Oil Corp. is selling a 20-per-cent stake in an Angolan oil field that could fetch almost $2-billion (U.S.), attracting bids from China's top three oil firms, India's ONGC and Brazil's Petrobras, sources close to the matter said. Marathon is selling two-thirds of its 30-per-cent holding in Angola's offshore Block 32 as part of an asset sale program it hopes will raise $2-billion...
The Houston Business Journal (Free subscription) | 08/08/2008
Marathon Oil Corp. has given the Detroit Science Center a $2.4 million grant toward the creation of a new Future Fuels Gallery at the museum. (MRO)
Tampa Bay Online (Free subscription) | 08/08/2008
Should Marathon Oil split itself in two as is being discussed, it could do more than create a new oil producer and a new refiner in the bustling energy sector.
Miami Herald (Free subscription) | 07/08/2008
Should Marathon Oil split itself in two as is being discussed right now, it could do more than create a new oil producer and a new refiner in the bustling energy sector.
San Fransisco Chronicle (Free subscription) | 07/08/2008
Should Marathon Oil split itself in two as is being discussed right now, it could do more than create a new oil producer and a new refiner in the bustling energy sector. Marathon, with extensive global oil and gas assets, could quickly become a takeover...
Detroit Free Press (Free subscription) | 07/08/2008
The Detroit Science Center is to receive $2.4 million from Marathon Oil Corp. for a new museum gallery on oil production and alternative fuels.
Business Wire (Free subscription) | 06/08/2008
Marathon Oil Corporation (Marathon) is an integrated international energy company engaged in oil and gas exploration and production and their refining, marketing, and transportation. The company primarily operates in the US, Angola, Equatorial Guinea, Gabon, Indonesia, Ireland, Libya, Norway, Ukraine, and the UK. It is headquartered in Houston, Texas and employs more than 29,500 people. The company...
Houston Chronicle (Free subscription) | 01/08/2008
Marathon Oil Corp. may be two companies by next year.
Forbes (Free subscription) | 01/08/2008
With its second-quarter profit falling 50% on weaker refining margins, company says it may split itself in two.
Seeking Alpha (Free subscription) | 01/08/2008
Marathon Oil Corporation (MRO) Q2 FY08 Earnings Call Complete Story »
Business Wire (Free subscription) | 01/08/2008
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the ratings of Marathon Oil Corporation (Marathon) at 'BBB+'. Fitch currently rates Marathon's debt as follows:
Market Watch (Free subscription) | 31/07/2008
SAN FRANCISCO (MarketWatch) -- Standard & Poor's said late Thursday it may downgrade the ratings of Marathon Oil Corp. on the company's plan to split its upstream and downstream businesses into two independent companies. S&P has a BBB+ rating on Marathon. The rating agency said the current integration of the businesses provide synergies and a diversification of cash flows for Marathon. "However, if...
Market Watch (Free subscription) | 31/07/2008
Marathon Oil’s second-quarter net income gets cut in half, but the energy giant's exploration and production business generated record results. Directors consider whether to break Marathon into two businesses.
