Marathon Oil Corporation is an American petroleum company that has existed since 1887. Marathon was founded in Lima, Ohio as the Ohio Oil Company. In 1899, the company was acquired by the Standard Oil Company (New Jersey). After the antitrust case against Jersey Standard in 1911 and subsequent breakup of its holdings, Ohio Oil once again became an independent company. In 1930, Ohio Oil acquired the Transcontinental Oil Company, which operated the "Marathon" brand of retail gasoline stations. Ohio Oil continued to use the Marathon brand, and in 1962, Ohio changed its name to the Marathon Oil Company.
In January 1982, Marathon was acquired by United States Steel. After the acquisition, the USX Corporation was created to act as the parent of U.S. Steel and Marathon Oil, which operated as divisions. In 2001, USX spun off Marathon under the name Marathon Oil Corporation. In 2011, Marathon Oil spun off its downstream operations as Marathon Petroleum. Since 2011, Marathon Oil has operated as an independent exploration and production company.
The company is ranked 534th on the Fortune 500[2] and 1900th on the Forbes Global 2000.[3] As of December 31, 2020, the company had 972 million barrels of oil equivalent (5.95×109 GJ) of estimated proven reserves, of which 86% was in the United States and 14% was in Equatorial Guinea.[1] The company's proved reserves consisted 52% of petroleum, 30% natural gas and 18% natural gas liquids.[1] In 2020, the company sold 383 thousand barrels of oil equivalent (2,340,000 GJ) per day, of which 26% was from the Eagle Ford Group, 27% was from the Bakken formation, 17% was from Oklahoma, 7% was from the Northern Delaware Basin, 2% was from other U.S. sources, and 20% was from Equatorial Guinea.[1]
On May 29, 2024, ConocoPhillips announced it was acquiring Marathon for $22.5 billion in an all-stock transaction, including debt.[4][5]
Marathon Oil began as "The Ohio Oil Company" in 1887.[6] In 1889, the company was purchased by John D. Rockefeller's Standard Oil. It remained a part of Standard Oil until Standard Oil was broken up in 1911. In 1930, The Ohio Oil Company bought the Transcontinental Oil Company and established the "Marathon" brand name. In 1962, the company changed its name to "Marathon Oil Company".[7]
In 1959, the Ohio Oil Company acquired Detroit based Aurora Oil Company which operated Speedway 79 stations and became an Ohio Oil subsidiary.[8]
In 1962, the Speedway 79 and Marathon stations were consolidated under the Marathon name and the Ohio Oil Company is renamed Marathon Oil Company.[9][10]
In 1981, Mobil made a hostile takeover offer to buy the company.[11][12] However, the board of Marathon Oil rejected the offer and instead sold the company to United States Steel. A legal battle ensued thereafter.[13]
In 1990, the headquarters was moved to Houston, Texas, but the company's refining subsidiary maintained its headquarters in Findlay, Ohio.[14]
In 1984, Marathon purchased the U.S. unit of Husky Energy for $505 million.[15]
In 1998, Marathon and Ashland Global contributed their refining operations to Marathon Ashland Petroleum LLC (MAP), now Marathon Petroleum.[16]
In 2001, USX, the holding company that owned United States Steel and Marathon, spun off the steel business and, in 2002, USX renamed itself Marathon Oil Corporation.[17]
In 2003, Marathon sold its Canadian operations to Husky Energy.[18]
In 2003, the company sold its interest in the Yates Oil Field to Kinder Morgan for $225 million.[19][20]
In 2007, Marathon acquired Western Oil Sands for $6.6 billion and gained ownership of its 20% stake in the Athabasca oil sands in northern Alberta, Canada and other assets in the midwestern United States.[21]
In 2011, Marathon completed the corporate spin-off of Marathon Petroleum, distributing a 100% interest to its shareholders.[22]
In June 2013, Marathon sold its Angolan oil and gas field to Sinopec for $1.52 billion.[23]
In September 2013, Marathon sold a 10% stake in an oil and gas field offshore Angola for $590 million to Sonangol Group.[24]
In October 2014, the company sold its business in Norway to Det Norske Oljeselskap ASA for $2.1 billion.[25]
In 2017, it sold its interests in the Athabasca oil sands for $2.5 billion and acquired assets in the Permian Basin for $1.2 billion.[26][27]
In March 2018, it sold its assets in Libya for $450 million to TotalEnergies SE.[28][29]
In 2020, the company derived 13% of its revenues from sales to Marathon Petroleum and 12% of its revenues from sales to Koch Industries.[1]
Since 2003, Marathon Oil and its partners Noble Energy and AMPCO, have invested in the Bioko Island Malaria Control Project (BIMCP) in Equatorial Guinea. The project includes distribution of insecticide nets, indoor residual spraying and larval source management, preventive therapy for pregnant women and malaria case management, and investment in a possible malaria vaccine. The project has resulted in a 63% reduction in malaria parasite prevalence and a 63% reduction in the mortality rate and 97% reduction in severe anemia in children under 5 years old.[30]
According to a 2017 study, the company was responsible for 0.19% of global industrial greenhouse gas emissions from 1988 to 2015.[31]
The company was investigated for payments made to Teodoro Obiang Nguema Mbasogo, the president of Equatorial Guinea.[32] The SEC completed its investigation in 2009 and did not recommend any enforcement action in the matter.[33]
James C. Donnell, 1911–1927 Otto D. Donnell, 1927–1948 James C. Donnell, II, 1948–1972 Harold D. Hoopman, 1972–1985 William E. Swales, 1985–1987 Victor G. Beghini, 1987–1999 Clarence P. Cazalot, Jr., 2000–2013 Lee M. Tillman, 2013–
James C. Donnell, II, 1972–1975 Thomas J. Usher, 2001–2011 Clarence P. Cazalot, Jr., 2011–2013 Dennis H. Reilley, 2013–2019 Lee M. Tillman, 2019–
Stadion Gelora Madura Ratu PamelinganInformasi stadionPemilikPemkab PamekasanLokasiLokasiTlanakan, Pamekasan, Jawa TimurKoordinat7°11′40″S 113°28′45″E / 7.1943648°S 113.4790638°E / -7.1943648; 113.4790638KonstruksiDibuka18 November 2016[1]Direnovasi2017[2]Data teknisPermukaanRumput Zoysia matrellaKapasitas13,500 - 14,000PemakaiMadura United FCPamekasan FCPersepam Madura Utama Stadion Gelora Madura Ratu Pamelingan adalah sebuah stadion sepak bol…
Train class Class 93ETS 203 KTM Class 93 at Pulau Sebang/Tampin Station.In service2016–presentManufacturerCRRC Zhuzhou (initially CSR Zhuzhou)Built atZhuzhou, ChinaConstructed2013–2018Number under construction10 sets on orderNumber in service Total: 114 cars (19 sets) First class: 60 cars (10 sets) Second class: 54 cars (9 sets) Formation6 cars per trainsetCapacity320 (320 seats)[1]Operator(s)Keretapi Tanah MelayuDepot(s)Batu Gajah Rail DepotLine(s) servedWest Coast LineSpecification…
يفتقر محتوى هذه المقالة إلى الاستشهاد بمصادر. فضلاً، ساهم في تطوير هذه المقالة من خلال إضافة مصادر موثوق بها. أي معلومات غير موثقة يمكن التشكيك بها وإزالتها. (ديسمبر 2018) كأس السوبر الألباني 2001الحدثكأس السوبر الألباني فلازنيا شكودر تيرانا 2 1 التاريخ15 سبتمبر 2001 (2001-0…
1936 novel by John Dickson Carr The Arabian Nights Murder First US editionAuthorJohn Dickson CarrCountryUnited KingdomLanguageEnglishSeriesGideon FellGenreMystery, Detective novelPublisherHamish Hamilton (UK) & Harper (USA)Publication date1936Media typePrint (Hardback & Paperback)Pages317 pp (Collier Books, paperback edition, 1985)ISBN0-02-018600-2 (Collier Books, paperback edition, 1985)OCLC10949532Dewey Decimal813/.52 19LC ClassPS3505.A763 A88 1985Preceded byThe Hollow M…
МедлінгBezirk Mödling Основні дані Держава: Австрія Земля: Нижня Австрія Площа: 277.0 км² Населення: — всього: — густота 106 374380 осіб/км² Індекс регіону: Автомобільний код: Часовий пояс: CET: UTC+1, влітку UTC+2 Адміністративний поділ Центр: Медлінг Муніципалітети (громади): Окружна влад
In der Liste der Kulturdenkmale auf dem Weißen Hirsch umfasst die Kulturdenkmale der Dresdner Gemarkung Weißer Hirsch. Die Anmerkungen sind zu beachten. Diese Liste ist eine Teilliste der Liste der Kulturdenkmale in Dresden. Diese Liste ist eine Teilliste der Liste der Kulturdenkmale in Sachsen. Inhaltsverzeichnis 1 Legende 2 Denkmalliste 3 Ehemalige Kulturdenkmale 4 Anmerkungen 5 Ausführliche Denkmaltexte 6 Quellen 7 Weblinks 8 Einzelnachweise Legende Bild: Bild des Kulturdenkmals, ggf. zus
Fórmula general estructural de los alditoles. (n ≥ 1) Una de las aplicaciones de los polialcoholes es en la elaboración de edulcorantes de gomas de mascar. Los glicitoles o alditoles (denominados también azúcares alcohólicos) se caracterizan por ser un conjunto de compuestos químicos orgánicos de sabor dulce de la familia de los polioles. Estos compuestos químicamente se consideran carbohidratos hidrogenados cuyo grupo carbonilo (aldehído, cetona, azúcar reductor) ha sido r…
Опис файлу Опис Фото Джерело В.Білецький Час створення 2018 Автор зображення В.Білецький Ліцензія див. нижче Я, власник авторських прав на цей твір, добровільно передаю його у суспільне надбання. У випадку, якщо це юридично неможливо, надаю право використовувати це зображенн…
Si ce bandeau n'est plus pertinent, retirez-le. Cliquez ici pour en savoir plus. Certaines informations figurant dans cet article ou cette section devraient être mieux reliées aux sources mentionnées dans les sections « Bibliographie », « Sources » ou « Liens externes » (janvier 2023). Vous pouvez améliorer la vérifiabilité en associant ces informations à des références à l'aide d'appels de notes. Fan NoliFan NoliFonctionPremier ministre d'Albanie16 …
ساوث أمهرست الإحداثيات 41°21′22″N 82°14′28″W / 41.3561°N 82.2411°W / 41.3561; -82.2411 تقسيم إداري البلد الولايات المتحدة[1] التقسيم الأعلى مقاطعة لوراين، أوهايو خصائص جغرافية المساحة 6.453044 كيلومتر مربع6.453045 كيلومتر مربع (1 أبريل 2010) ارتفاع 242 متر عدد…
Mutsuki sedang berlayar Sejarah Kekaisaran Jepang Nama MutsukiAsal nama JanuariPembangun Arsenal Angkatan Laut SaseboNomor galangan Perusak No. 19Pasang lunas 21 Mei 1924Diluncurkan 23 Juli 1925Selesai 25 Maret 1926Ganti nama Mutsuki, 1 Agustus 1928Dicoret 1 Oktober 1942Nasib Tenggelam oleh kapal pengebom Amerika, 25 Agustus 1942 Ciri-ciri umum Kelas dan jenis Kapal perusak kelas-MutsukiBerat benaman 1.336 t (1.315 ton panjang) (normal) 1.800 t (1.772 ton panjang) (muat penuh)Panjang 9…
Associação Guias de São Tomé and PríncipeCountrySão Tomé and PríncipeFounded1991Governing bodyWorld Association of Girl Guides and Girl Scouts Scouting portal Associação Guias de São Tomé and Príncipe are a prospective member of the World Association of Girl Guides and Girl Scouts. Girl Guiding started in 1991, but no recent information appears to be available.[1] In 1999, the Associação Guias de Portugal held the first encampment for Ramos Adventurer and Caravel pat…
село Крячки Країна Україна Область Київська область Район Фастівський район Рада Глевахівська селищна рада Код КАТОТТГ UA32140070090054409 Основні дані Засноване 1701 Населення 60 Площа 0,463 км² Густота населення 129,59 осіб/км² Поштовий індекс 08606 Телефонний код +380 4571 Географі
北極百貨店のコンシェルジュさん 漫画 作者 西村ツチカ 出版社 小学館 掲載誌 ビッグコミック増刊号 レーベル ビッグコミックススペシャル 発表号 2017年3月号[注 1] - 2018年12月号[注 2] 巻数 全2巻 映画 原作 西村ツチカ 監督 板津匡覧 脚本 ⼤島⾥美 キャラクターデザイン 森田千誉 音楽 tofubeats 制作 Production I.G 配給 アニプレックス 封切日 2023年10月20日 上映時間…
У Вікіпедії є статті про інші значення цього терміна: Партитура (значення). Людвіг ван Бетховен, Симфонія №9, ре мінор, op. 125 - фрагмент автографу партитури, 4-а частина Тибетська музична партитура 19-го століття. Партиту́ра (італ. partitura — розподіл) — система роздільного запису …
The Blumberg Apartments in 1973, photographed from the 2300 block of W Oxford St.The Norman Blumberg Apartments, also known as the Blumberg Homes, were a 510-unit high rise public housing complex in the Sharswood neighborhood of Philadelphia, Pennsylvania. Owned and operated by the Philadelphia Housing Authority, they were viewed by many as a symbol of the City's failure to address concentrated poverty and crime and were partially demolished in 2016.[1] Background and Construction J.M. B…
This article relies excessively on references to primary sources. Please improve this article by adding secondary or tertiary sources. Find sources: Roberts v. United States Jaycees – news · newspapers · books · scholar · JSTOR (November 2019) (Learn how and when to remove this template message) 1984 United States Supreme Court caseRoberts v. United States JayceesSupreme Court of the United StatesArgued April 18, 1984Decided July 3, 1984Full case nameKath…
American Internet personality Hannah StockingStocking in 2019Personal informationBornHannah Stocking-Siagkris (1992-02-04) February 4, 1992 (age 31)[1]Ashland, Oregon, U.S.EducationAshland High SchoolDominican University of CaliforniaOccupationsInternet personalityactressYouTube informationChannel Hannah Stocking Years active2013–presentGenres Comedy vlogs Subscribers9.32 million[2]Total views3.62 billion[2] Creator Awards100,000 subscribers20131,000,000 …
CW TV station in Houston For the airport in Houston, Texas assigned the ICAO code KIAH, see George Bush Intercontinental Airport. For the previous occupant of the Channel 39 allocation, see KNUZ-TV. KIAHATSC 3.0 stationHouston, TexasUnited StatesChannelsDigital: 34 (UHF)Virtual: 39BrandingCW 39 HoustonProgrammingAffiliations39.1: The CWfor others, see § SubchannelsOwnershipOwnerNexstar Media Group(Tribune Media Company[1])HistoryFirst air dateJanuary 6, 1967(56 years ago) …
Дома первого поколения советского типового и индустриального домостроения(«хрущёвки») 1-464 — самая распространённая серия крупнопанельных «хрущёвок». На фотографии модификация 1-464А 1965 года постройки в Гатчине Информация о здании Предназначение Многоквартирный жилой до…
Lokasi Pengunjung: 3.135.196.63