Marathon Oil Corp. used to represent everything that was wrong with U.S. shale: enormous debtloads, lavish executive pay and a seeming willingness to spend whatever it took to boost output. The company hemorrhaged money, and the stock plunged 84% from a peak in 2014 through the end of last year.
Independent Oil and Gas (IOG) has hired an experienced North Sea project manager and military man as its new chief operating officer (COO).
Energy firm SSE has clinched a deal to sell its gas exploration and production assets to Viaro Energy for £120 million.
Andrew Austin is making his North Sea return with a new investment company, aimed at buying up UK assets, after selling RockRose Energy.
A pirate attack at Equatorial Guinea’s LNG terminal has exposed onshore security shortcomings.
The aftermath of the deadly construction collapse inside the Marathon Oil building in west Houston is expected to result in complex and lengthy litigation with numerous companies involved in the project where three construction workers were killed Monday.
Three workers are dead and one is injured after a stairway collapse at the future headquarters of Marathon Oil.
Equatorial Guinea has awarded a feasibility study on a proposed modular refinery, in Punta Europa, to VFuels Oil & Gas Engineering.
RockRose Energy hasn't experienced any "adverse impact" on its North Sea operations due to the Covid-19 outbreak, according to the firm's boss.
Hill of Rubislaw in Aberdeen reflects the changing face of the North Sea oil and gas industry, two of the north-east’s leading commercial property experts said yesterday.
Marathon Oil has stepped up its plans for Equatorial Guinea, targeting the delivery of first gas from the Alen backfill project by the end of 2020.
Court documents have revealed emails between Taqa senior management, who described RockRose’s deal with Marathon Oil as their “worst fear”, calling the London-headquartered company “total wideboys”.
RockRose Energy has lost control of its only operated platforms in the UK North Sea after three partner companies raised “serious concerns” in court about its ability to run the assets.
RockRose Energy has been ousted as operator of a North Sea hub with Taqa UK set to take over control thanks to a legal challenge brought by its partners.
RockRose Energy has announced it will press on with the hunt for more North Sea acquisitions this year.
Total has reached an agreement with Libya’s National Oil Corp. (NOC) on the French company’s acquisition of a stake in the Waha concessions.
Two north-east energy sector experts will speak at a renewables event to be held in Aberdeen in December.
Marathon Oil posted a $165 million profit for the third quarter that dipped 35 percent from a year ago.
RockRose Energy saw a 449% boost in earnings for the first six months of the year – before completing its takeover of Marathon Oil’s UK assets.
The science behind some favourite circus tricks will be revealed this weekend as TechFest gets under way.
The Health and Safety Executive (HSE) has issued a safety notice after a support vessel collided with an offshore platform in the North Sea.
RockRose Energy faces being ousted as operator of a North Sea hub as it is today re-admitted to the Stock Exchange.
RockRose Energy has completed its acquisition of Marathon Oil’s UK business.
Marathon Oil UK has been fined more than £1 million for safety failures after a pipe ruptured and leaked more than two tonnes of high pressure, high temperature methane gas on a North Sea platform four years ago.
Houston's Marathon Oil reported a $174 million net profit for the first quarter that fell about 50 percent from the first three months of 2018.