News: Marathon Oil Corp (MRO)
6 Dec 2013
Sat, Dec 7 2013
TORONTO, Dec 7 - The Canadian government has granted approval for Royal Dutch Shell Plc to expand its Jackpine oil sands project in northern Alberta, a move that could boost production at the site by up to 100,000 barrels a day.
Nov 22 -: * United States Steel Corp : Wells Fargo cuts to underperform from market
- Marathon Oil Corp said on Monday its third-quarter profit rose by a better-than-expected 26 percent, helped by a jump in oil and gas production.
TORONTO - United States Steel Corp said on Tuesday it will permanently shut down iron and steelmaking operations at its Hamilton, Ontario, mill at the end of this year.
(Corrects headline to clarify that coking, finishing operations are not affected.)
* Says South Africa, Brazil interested in developing ties
LONDON, Oct 25 - Libya has blocked efforts by U.S. company Marathon Oil to sell its stake in one of the country's top oil ventures by moving to preempt a deal, sources said, highlighting the struggle investors face in cutting exposure to Libya's unrest.
Oct 18 - United States Steel Corp said it expects to write down the value of two of its North American units by up to $1.8 billion, hurt by a prolonged slump in steel prices due to overcapacity and a weak global economy.
LONDON - Two years of turmoil since the Arab Spring and some of the toughest terms in the business have led international oil companies to reassess their role in North Africa, with U.S. firms looking keenest to leave.
Oct 4 - Marathon Oil Corp said it is evacuating all personnel from its operated Ewing Bank platform in the Gulf of Mexico and has shut in production, according to its latest website update on Tropical Storm Karen on Friday.
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