Sunday, 19 January 2025

Focus on Marathon Oil Corporation

FILE PHOTO: The Houston Ship Channel, part of the Port of Houston, is seen in Pasadena, Texas, U.S., May 5, 2019.  REUTERS/Loren Elliott/File Photo
BusinessNewsOilTrade

Peru’s niche Bretaña crude oil gains popularity in US

The U.S. Gulf Coast receives its first Bretaña oil cargo this month as refiners seek alternatives to declining Mexican heavy crude.

News Release

Devon Energy Announces Updates to Executive Leadership Team

OKLAHOMA CITY, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corporation (NYSE: DVN) today announced key updates to its executive leadership team. The...

News Release

APA Corporation Announces Executive Leadership and Corporate Officer Updates; Executive Vice President, Operations Clay Bretches to Retire, Kimberly Warnica joins Company as Executive Vice President and Chief Legal Officer

HOUSTON, Jan. 06, 2025 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced key updates to its executive leadership and corporate officers. Clay...

A Marathon sign is seen outside Marathon Petroleum (MPC.N) Detroit refinery in Detroit, Michigan U.S., September 9, 2024. REUTERS/Rebecca Cook
BusinessEconomyIndustryInfrastructureLabourNewsOil

Marathon, Teamsters reach pay deal at Detroit refinery

Teamsters at Marathon Petroleum's Detroit refinery ratified a seven-year agreement, ending a three-month strike over pay and safety.

FILE PHOTO: Pump jacks operate in front of a drilling rig in an oilfield in Midland, Texas U.S. August 22, 2018. Picture taken August 22, 2018. REUTERS/Nick Oxford/File Photo
BusinessFuelNewsOil

Oilfield service consolidation to increase under Trump, report says

Deals in the oilfield services sector in the first nine months of 2024 reached $19.7 billion.

News ReleaseNews

ConocoPhillips Company announces exchange offers for debt securities and consent solicitations by Marathon Oil Corporation

HOUSTON--(BUSINESS WIRE)--ConocoPhillips Company announces exchange offers for debt securities and consent solicitations by Marathon Oil Corporation...Read the full news release here

News ReleaseNews

ConocoPhillips Company announces cash tender offers for debt securities and consent solicitations by Marathon Oil Corporation

HOUSTON--(BUSINESS WIRE)--ConocoPhillips Company announces cash tender offers for debt securities and consent solicitations by Marathon Oil Corporation...Read the full news release here

News ReleaseNews

ConocoPhillips completes acquisition of Marathon Oil Corporation

HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) today announced that it has completed its acquisition of Marathon Oil Corporation (NYSE: MRO). “This acquisition of Marathon Oil...

FILE PHOTO: A general view shows Marathon Petroleum's oil refinery, following Russia's invasion of Ukraine, in Anacortes, Washington, U.S., March 9, 2022.  REUTERS/David Ryder/File Photo
BusinessEconomyNewsOil

Marathon Oil beats Q3 profit estimates on higher production

U.S. shale producer Marathon Oil beat Wall Street estimates for third-quarter profit on Wednesday, helped by higher production and resilient demand for oil. 

FILE PHOTO: The Phillips 66 Carson refinery is shown after the company said it will shut its large Los Angeles-area oil refinery late next year, delivering a blow to California's fuel supply, in Carson, California, U.S., October 17, 2024. REUTERS/Mike Blake/File Photo
News

US fuelmakers to report lower Q3 profits on weaker margins, fuel demand

U.S. oil refiners' Q3 profits are expected to drop due to weaker margins and lower fuel demand.

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