Marathon Oil Corp
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May 1- Engineering turnaround specialist Melrose Industries Plc said it would sell its North American hardware company for $200 million in cash to Tyman Plc. AIM-listed Tyman said it would seek to move to the main market along with the acquisition, which is expected to complete by July.
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LONDON, May 1- Melrose Industries PLC:. *Signed a conditional agreement for the disposal of truth hardware. *Total consideration of US $200 million is payable in cash on.
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LONDON, May 1- Melrose Industries PLC:. *Signed a conditional agreement for the disposal of truth hardware. *Total consideration of US $200 million is payable in cash on.
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LONDON, May 1- Tyman PLC:. *Fully underwritten Firm Placing and Placing and Open Offer to raise approximately 73 million. *has agreed to acquire Truth Hardware, a North American window and door hardware manufacturer, from Melrose Industries PLC.
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WASHINGTON, April 30- An oil-rich region of the north-central United States holds more than twice the recoverable crude supplies estimated just five years ago, according to a government study that highlights the nation's march toward energy self-sufficiency.
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The Bakken Formation and Three Forks Formation, which spans parts of Montana, North Dakota and South Dakota together hold an estimated 7.4 billion barrels of undiscovered, technically recoverable oil, the U.S. Geological Survey study said, although energy experts said those estimates likely understate the region's full potential.
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WASHINGTON, April 30- An oil-rich region of the north-central United States holds more than twice the recoverable crude supplies estimated just five years ago, according to a government study that highlights the nation's march toward energy self-sufficiency.
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Marathon said its first-quarter profit was $725 million, or $2.17 per share, compared with $596 million or $1.70 per share in the same quarter a year earlier.
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April 30- Marathon Petroleum Corp on Tuesday reported a 22 percent increase in quarterly earnings, helped by higher sales from its Galveston Bay plant. Marathon, the third-largest stand-alone U.S. refining company, said its first-quarter profit was $725 million, or $2.17 per share, compared with $596 million or $1.70 per share, a year earlier.
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Marathon said its first-quarter profit was $725 million, or $2.17 per share, compared with $596 million or $1.70 per share in the same quarter a year earlier.
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WASHINGTON, April 30- Two energy-rich formations in Montana, North Dakota and South Dakota have much more crude oil and natural gas within reach of drilling operations than previously thought, according to a government study released on Tuesday.
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April 29- Marathon Oil Corp:. *Barclays raises to overweight from equal weight- theflyonthewall.com. Reuters Station users, click. 1568.
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OSLO, April 24- Norway's sovereign wealth fund is looking into selling off shares in oil firms that work in Equatorial Guinea, where oil revenue does nothing to relieve abject poverty, the fund's ethics council said, a list that includes Exxon Mobil.
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OSLO, April 24- Norway's sovereign wealth fund is looking into selling off shares in oil firms that work in Equatorial Guinea, where oil revenue does nothing to relieve abject poverty, the fund's ethics council said, a list that includes Exxon Mobil.
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*Fund looking into firms active in Equatorial Guinea. OSLO, April 24- Norway's sovereign wealth fund is looking into selling off shares in oil firms that work in Equatorial Guinea, where oil revenue does nothing to relieve abject poverty, the fund's ethics council said, a list that includes Exxon Mobil.
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In the options market, big money can be made pretty quickly. For one trader, it only took a day. Here's how he did it.
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Chesapeake Energy's search for a new chief executive to replace Aubrey McClendon may take longer than expected, a source told Reuters on Friday.
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Gulf of Mexico just 12 miles from another discovery announced last week by partners Anadarko Petroleum Corp and ConocoPhillips. Other owners of Coronado are ConocoPhillips with 35 percent, a unit of Anadarko with 15 percent and Venari Offshore LLC with 10 percent stake.
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For a long time, the trade has been to buy oil refiners and sell big oil. Now it looks like that trade could flip.
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One options trader has made a bet that Hess's rally would continue. Should you follow suit?