Posted on November 4, 2014 at 10:25 am by Rhiannon Meyers in
Crude oil,
General |
Despite falling oil prices, Marathon Oil said it remains committed to key U.S. shale plays.
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Marathon Oil reported a 24 percent drop in third-quarter profit, as lower crude prices offset higher production.
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Posted on October 23, 2014 at 5:00 pm by Jennifer A. Dlouhy in
Crude oil,
General,
Politics/Policy
Fourteen of the nation’s largest independent oil companies are banding together to lobby for the right to export crude around the world. It’s a sign the industry is revving up for a big, coordinated push to dismantle those trade restrictions next year.
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Posted on May 23, 2014 at 12:05 pm by Simone Sebastian in
featured,
Workforce
Energy companies have the nation’s most productive employees outside of the financial sector, according to a new USA TODAY data analysis.
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Posted on May 6, 2014 at 7:50 am by Jennifer A. Dlouhy in
OTC
Predictable oil flows from onshore shale development help balance the risk of more speculative offshore projects, industry executives emphasized Monday.
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Posted on February 5, 2014 at 6:49 pm by Collin Eaton in
Crude oil,
Finance/Earnings
Rising oil production in the Eagle Ford Shale pushed Marathon Oil’s profit up 16 percent in the fourth quarter as it utilized more efficient drilling techniques, the company reported Wednesday.
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Posted on December 18, 2013 at 7:18 pm by Jennifer Hiller in
The Houston-based Marathon Oil Corp. plans to spend $2.3 billion in the Eagle Ford Shale in 2014. The company will drill between 250 and 260 wells net to Marathon, after industry partners and royalty owners are paid. (In all, Marathon will be operating between 340 and 355 new wells in South Texas). The $2.3 billion [...]
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Posted on December 13, 2013 at 6:33 am by Emily Pickrell in
Latin America,
Politics/Policy,
Premium
Historic legislation that cleared Mexico’s Congress Thursday could open its oil industry to private investment for the first time in decades, though several steps remain before the nation can draw much-needed international capital to its oil fields.
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Posted on December 11, 2013 at 10:10 am by Zain Shauk in
featured,
Finance/Earnings,
Shale
Marathon Oil said it plans to pour $3.6 billion into boosting its production of oil and gas from North America in 2014.
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Posted on December 10, 2013 at 11:43 am by Emily Pickrell in
Latin America,
Premium
Mexico’s energy sector has been largely sealed off from foreign investment for the better part of a century, but historic legislation, proposed over the weekend, may change that.
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Posted on November 18, 2013 at 10:51 am by Zain Shauk in
Corporate governance,
People,
Pipelines
The new job means the former Marathon leader will sit on the boards of large energy companies in nearly every segment of the industry by the end of the year.
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Posted on November 11, 2013 at 12:06 pm by Laura Goldberg in
General,
Politics/Policy
Occidental Petroleum Corp. President and CEO Stephen Chazen has been elected chairman of the American Petroleum Institute’s board of directors as of January 1 for a one-year term.
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