Posts Tagged ‘Marathon Oil Corp.’

Chevron, Marathon Oil Corp, and Exxon Mobil Corp Gulf Coast Oil and Gas Production Reported Unharmed in Ida

November 11th, 2009

HOUSTON, Nov. 10 /PRNewswire/ — Winning Strategies (www.winningstrategies.net) Editor Tim Connolly reported today that Tropical Storm Ida continues its weakness on landfall in the Gulf of Mexico and the National Hurricane Center now reports that all storm warnings have been discontinued as of 9:00 a.m. ET.
Major producers Chevron, Marathon Oil Corp, and Exxon Mobil Corp [...]

Tokyo Electric,Tokyo Gas Buying Alaska LNG To March ‘11

October 19th, 2009

TOKYO (Dow Jones)–Tokyo Electric Power Co. (9501.TO) and Tokyo Gas Co. (9531.TO) separately said Monday that they have extended purchases of liquefied natural gas from the Kenai LNG plant in the U.S. state of Alaska by two years to March 31, 2011.
Japan’s largest power utility by capacity, also known as Tepco, and Japan’s largest [...]

Energy prices waver with new signs of weak economy

May 1st, 2009

NEW YORK (AP) — Oil prices wavered Thursday as the nation’s employment picture darkened and consumers pulled back on spending.
Benchmark crude for June delivery ticked up 15 cents to settle at $51.12 a barrel on the New York Mercantile Exchange. In London, Brent prices rose 2 cents to settle at $50.80 a barrel on the [...]

Marathon oil and gas output up sequentially

January 13th, 2009

NEW YORK, Jan 13 (Reuters) - Marathon Oil Corp (MRO.N) said on Tuesday fourth-quarter oil and natural gas output rose slightly on a sequential basis, but remained weighed down by disruptions from Hurricanes Ike and Gustav.
The Houston company said the volume of oil and natural gas available for sale in the period is expected [...]

Chevron sees big drops in fourth-quarter production and earnings

January 9th, 2009

By Braden Reddall
SAN FRANCISCO (Reuters) - Chevron Corp (CVX.N) expects its fourth-quarter earnings to be significantly lower than the previous quarter due to the impact of lower energy prices on its exploration and production business.
The second-largest U.S. oil and gas company also said on Thursday its U.S. oil-equivalent production in October and November was 608,000 [...]

Exxon Profit Rises, Tops Estimates, After Oil Surges (Update4)

October 31st, 2008

By Joe Carroll
Oct. 30 (Bloomberg) — Exxon Mobil Corp., the world’s biggest oil company, said third-quarter profit jumped 58 percent, exceeding analyst estimates, as record crude prices made up for the largest drop in output in at least a decade.
Net income rose to $14.8 billion, or $2.86 a share, from $9.41 billion, or $1.70, [...]

Crude Oil Drops Below $92 as Lehman Adds to Demand Concern

September 16th, 2008

By Christian Schmollinger
Sept. 16 (Bloomberg) — Crude oil tumbled below $92 a barrel, its biggest two-day drop in almost four years, on concern that turmoil on Wall Street may weaken the global economy and reduce demand for fuels and raw materials.
Oil fell as much as 4.3 percent today after Lehman Brothers Holdings Inc., once [...]