U.S. oil and gas deal-making declined by 13% last year to $58 billion compared to 2021, according to energy technology firm Enverus, with the volume of activity hitting its lowest level since 2005 as buyers […]
Jan 24 (Reuters) – U.S. oil and gas deal-making declined by 13% last year to $58 billion compared to 2021, according to energy technology firm Enverus, with the volume of activity hitting its lowest level […]
Marathon Oil has entered into a purchase agreement to acquire the Eagle Ford assets of Ensign Natural Resources for total cash consideration of $3 billion. The transaction is subject to customary terms and conditions, including closing […]
HOUSTON, Nov. 2, 2022 /PRNewswire/ — Ensign Natural Resources LLC (“Ensign”), an exploration and production company operating in the Eagle Ford Shale in South Texas, today announced the sale of its assets to Marathon Oil (NYSE: MRO), for […]
Marathon Petroleum Supply and Trading bought just under a quarter of the crude oil offered in the US Department of Energy’s latest sale from the Strategic Petroleum Reserve, with Equinor Marketing & Trading and Motiva […]
The economic slowdown was the fastest growing topic discussed by S&P 500 executives for the second consecutive month, according to an analysis of earnings conference conference calls held in August. As leadership debated the severity of the downturn, inflation […]
OilPrice.Com As uncertainty over new Covid outbreaks combined with a strengthening U.S. dollar, oil prices came under pressure this week and are on course to finish the week 7 percent down. Friday, August 20th, 2021 […]
Federal Trade Commission acting chairwoman Rebecca Kelly Slaughter and commissioner Rohit Chopra said the commission continued to investigate the transaction and had “significant competitive concerns in hundreds of local retail gasoline and diesel fuel markets […]
Houston — Marathon Oil is returning to limited operations in Oklahoma and the Permian Basin’s western Delaware Basin in New Mexico before ramping up next year, the company’s top executives said May 6. The company opted […]
Marathon Oil Corporation (NYSE:MRO) reported a fourth quarter 2020 net loss of $338 million, or $0.43 per diluted share, which includes the impact of certain items not typically represented in analysts’ earnings estimates and that would otherwise affect […]
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