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Marathon Oil Corp

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  • Gas prices are high... and you should be thankful Wednesday, 2 Jul 2014 | 8:19 AM ET

    Consumers will pay the highest Fourth of July gasoline prices in six years, but pump prices would be far higher if not for the oil shale boom.

  • NEW YORK, June 16- A new chapter in the North American oil revolution is about to open on the Texas coast, with two major pipelines poised this summer to deliver an unprecedented influx of heavy Canadian crude to U.S. refineries- and potentially beyond.

  • OSLO, June 8- He is the self-made man who changed the way business was done in Norway, and from this week, Kjell Inge Roekke, a flamboyant billionaire with an explosive temper and a taste for the supersized, can also call himself an oil baron.

  • Early movers: BRCM, MYL, GOOG, Z & more Monday, 2 Jun 2014 | 7:37 AM ET
    Traders on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • *Marathon fails to sell smaller UK business. OSLO, June 2- Marathon Oil Corp is to sell its Norwegian business for $2.1 billion to oil exploration group Det norske, part of plans to shed assets in Norway and Britain to free up cash for the U.S. firm's shale activities in the United States.

  • WASHINGTON, May 14- Despite several fiery mishaps involving fuel produced in North Dakota's Bakken energy patch, cargo from the region does not need special handling when it moves on the tracks, the leading voice for U.S. refiners said on Wednesday.

  • WASHINGTON, May 2- Few oil-by-rail shippers have heeded calls for information to prevent dangerous mishaps on the tracks, the U.S. Department of Transportation said on Friday as it named the three companies it said have cooperated. Testing data has so far been tallied from Exxon Mobil, Continental Resources Inc and Savage Companies, the agency said.

  • MALABO, March 10- On land cleared of tropical forest, gleaming new office towers, apartment blocks, homes and highways dazzle the eye in Equatorial Guinea, Sub-Saharan Africa's No. 3 energy producer where oil and gas revenues have fed a frenzy of construction.

  • NEW ORLEANS, March 3- A U.S. emergency order to test oil shipped by rail highlights what many industry officials have long said is a flawed method for testing the volatility of types of oil that have been involved in several fiery train derailments in the last year.

  • WASHINGTON, Feb 26- Oil companies handling volatile fuel out of North Dakota's energy patch must consider the dangers of flammable gas carried in the kind of oil-by-rail shipments involved in a string of fiery derailments, a U.S. regulator said on Wednesday.

  • WASHINGTON, Feb 26- U.S. lawmakers are expected to question regulators and rail industry officials on Wednesday about several recent fiery derailments, focusing on whether shipments from energy producing regions such as North Dakota's Bakken area are being handled safely.

  • Early movers: AOL, GM, TWTR, P, COST, GOOG & more Thursday, 6 Feb 2014 | 7:40 AM ET
    Traders work the floor of the New York Stock Exchange on the evening of January 23, 2014 in New York City.

    Some of the names on the move ahead of the open.

  • CORRECTED-Marathon Oil quarterly profit lower Wednesday, 5 Feb 2014 | 5:39 PM ET

    Feb 5- Marathon Oil Corp said on Wednesday its quarterly profit fell and the U.S. oil and gas company saw a 23 percent decline in the price for its Canadian crude. The Houston company had a fourth-quarter profit of $375 million, or 54 cents per share, compared with $569 million, or 80 cents per share in the prior quarter.

  • Marathon Oil quarterly profit lower, Wednesday, 5 Feb 2014 | 5:20 PM ET

    Feb 5- Marathon Oil Corp said on Wednesday its quarterly profit fell and the U.S. oil and gas company saw a 23 percent decline in the price for its Canadian crude. The Houston company had a fourth-quarter profit of $375 million, or 54 cents per share, compared with $569 million, or 80 cents per share in the same period a year earlier.

  • WASHINGTON, Feb 4- Three companies operating in North Dakota's Bakken energy patch were on Tuesday were fined $93,000 for wrongly classifying crude oil being hauled from the field to tank car trains.

  • WASHINGTON, Feb 4- The U.S. Department of Transportation said on Tuesday it had fined three oil companies $93,000 for wrongly classifying crude shipments in North Dakota's Bakken region, in the first sanctions issued by regulators since several fiery derailments.

  • Danger on the rails: New rules could hit stocks Tuesday, 7 Jan 2014 | 11:49 AM ET
    This photo provided by Cass County Commissioner Ken Pawluk shows a train derailment and fire west of Casselton, N.D.

    Recent accidents have analysts looking at companies that could be exposed to new rules governing oil shipments from the Bakken region.

  • Cramer: This stock has been a ‘real winner’ Monday, 16 Dec 2013 | 10:28 AM ET

    Global oil giant Exxon Mobile has turned into a "real winner" over the past few months, CNBC’s Jim Cramer said.

  • Cramer uncovers undervalued energy stock Wednesday, 11 Dec 2013 | 6:44 PM ET

    If the S&P had a giant bargain table, this stock might be featured front and center.

  • A debate over paying board nominees of hedge funds Tuesday, 26 Nov 2013 | 1:32 PM ET
    A Hess gas station in Brooklyn, N.Y.

    The dispute around director compensation is the latest front in the war of influence between activist hedge funds and corporate boards.