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Marathon Oil Completes Kurdistan Exit As US Shale Focus Grows

2019-05-31 16:35:12| OGI

Marathon Oils Kurdistan divestiture marks the 10th country exit for the Houston-based company since 2013, including its most recent agreement to sell its U.K. business for $350 million.

Tags: focus oil exit grows

 

Marathon Oil firm fined 1.16m for North Sea gas release

2019-05-20 19:12:46| BBC News | Business | UK Edition

It happened on the Brae Alpha platform in 2015, luckily while most of the personnel were gathered for their Boxing Day meal.

Tags: north release sea firm

 
 

E&P Earnings Recap: Apache, Laredo Petroleum, Marathon Oil

2019-05-13 19:35:24| OGI

U.S.-based oil and gas producers continue to report mixed first-quarter results in this final recap of E&P earnings including highlights from Apache, Laredo and Marathon.

Tags: oil apache earnings petroleum

 

Marathon Petroleum To Merge Midstream Units, Posts Surprise Loss

2019-05-08 16:03:42| OGI

Marathon Petroleum Corp. said on May 8 it would merge its midstream units in a $9 billion deal, and posted a surprise first-quarter loss due to higher prices of Canadian crude.

Tags: posts loss units surprise

 

Marathon Oil Profit Boosted By Bakken, Permian Basin Operations

2019-05-02 14:45:31| OGI

Marathon Oil beat analysts' estimates for first-quarter profit, boosted by higher production and lower costs at its U.S. shale assets in the Bakken and Permian Basin regions.

Tags: operations oil profit basin

 

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