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Latest Marathon Oil Stories

2009-10-01 07:44:00

HOUSTON, Oct. 1 /PRNewswire-FirstCall/ -- Marathon Oil Corporation (NYSE: MRO) announced today that its subsidiary, Marathon International Petroleum Angola Block 31 Limited, has participated in the deepwater Tebe discovery well in the southern portion of Block 31 offshore Angola. The Tebe discovery well is located approximately 7 miles southeast of the Hebe discovery announced in October 2005 and approximately 220 miles northwest of Luanda, Angola. The well was drilled in a water depth...

2009-09-16 07:40:00

STAVANGER, Norway, Sept. 16 /PRNewswire-FirstCall/ -- Marathon Oil Corporation (NYSE: MRO), through its wholly owned subsidiary Marathon Petroleum Company (Norway) LLC, today announced with its partners that the Volund development offshore Norway has achieved first production. "This is a very proud day for Marathon as it marks completion of our second major field development project in Norway, and within only 15 months of starting up Alvheim operations," said Kristin Faerovik, managing...

2009-08-26 10:18:00

HOUSTON, Aug. 26 /PRNewswire-FirstCall/ -- Marathon Oil Corporation (NYSE: MRO) announced today that Clarence P. Cazalot, Jr., Marathon president and CEO, will be presenting at the Barclays CEO Energy/Power Conference on Wednesday, Sept. 9, 2009, at 7:45 a.m. EDT. A live audio webcast of these remarks, along with the associated slides, will be accessible via Marathon's Web site at www.marathon.com. This presentation and associated question and answer session may include forward-looking...

2009-08-03 07:33:00

HOUSTON, Aug. 3 /PRNewswire-FirstCall/ -- Marathon Oil Corporation (NYSE: MRO) today reported second quarter 2009 net income of $413 million, or $0.58 per diluted share. Net income in the second quarter 2008 was $774 million, or $1.08 per diluted share. For the second quarter 2009, adjusted net income was $251 million, or $0.35 per diluted share, compared to adjusted net income of $858 million, or $1.20 per diluted share, for the second quarter of 2008....

2009-07-29 14:58:00

HOUSTON, July 29 /PRNewswire-FirstCall/ -- Marathon Oil Corporation (NYSE: MRO) announced today that the Company's board of directors has declared a dividend of 24 cents per share on Marathon Oil Corporation common stock. The dividend is payable Sept. 10, 2009, to stockholders of record on Aug. 19, 2009. For more information on Marathon Oil Corporation, visit the Company's website at www.marathon.com. Media Relations Contacts: Lee Warren 713-296-4103...

2009-07-29 09:03:00

HOUSTON, July 29 /PRNewswire-FirstCall/ -- Marathon Oil Corporation (NYSE: MRO) announced today that William F. Schwind, Jr., Marathon vice president, general counsel and secretary, will retire on his normal retirement date of Nov. 1, 2009. The Company also announced that Sylvia J. Kerrigan, Marathon assistant general counsel, has been elected vice president and general counsel, effective Sept. 1, 2009. Schwind will continue in his current role until Sept. 1, when he will assume the...

2009-07-17 06:02:00

HOUSTON, July 17 /PRNewswire-FirstCall/ -- Marathon Oil Corporation (NYSE: MRO) today announced that its subsidiary, Marathon International Petroleum Angola Block 32 Limited, has entered into a definitive agreement with CNOOC International Limited (CNOOC), and Sinopec International Petroleum Exploration and Production Corporation (SINOPEC) under which CNOOC and SINOPEC will purchase an undivided 20 percent participating interest in the Production Sharing Contract and Joint Operating...

2009-07-16 13:16:00

HOUSTON, July 16 /PRNewswire-FirstCall/ -- Marathon Oil Corporation (NYSE: MRO) today announced that the Company's second quarter 2009 financial results conference call will be webcast on the Marathon Oil Corporation Web site on Monday, Aug. 3, at 2 p.m. EDT. The call will cover second quarter financial results and may include forward-looking information. Howard J. Thill, Marathon vice president, Investor Relations and Public Affairs, will host the call. Also participating in the call from...

2009-07-09 09:51:00

HOUSTON, July 9 /PRNewswire-FirstCall/ -- Marathon Oil Corporation (NYSE: MRO) today announced that it has released its "Living Our Values 2008 Corporate Social Responsibility Report." This report provides information on the Company's non-financial performance and its actions to promote sustainable social, environmental and economic benefits. "Strong values have never been a more essential asset for a company. In the face of a challenging business environment in 2008, Marathon's commitment...

2009-06-24 09:05:00

HOUSTON, June 24 /PRNewswire-FirstCall/ -- 64 percent reduction in death among children under the age of five on Bioko Island 57 percent decline in the prevalence of malaria infections in children between two and five years of age on Bioko Island 86 percent decline in anemia in children between two and five years of age on Bioko Island Marathon Oil Corporation (NYSE: MRO) announced today that the Bioko Island Malaria Control Project (BIMCP) in Equatorial Guinea has achieved measurable...


Word of the Day
vermicular
  • Like a worm in form or movement; vermiform; tortuous or sinuous; also, writhing or wriggling.
  • Like the track or trace of a worm; appearing as if worm-eaten; vermiculate.
  • Marked with fine, close-set, wavy or tortuous lines of color; vermiculated.
  • A form of rusticated masonry which is so wrought as to appear thickly indented with worm-tracks.
This word ultimately comes from the Latin 'vermis,' worm.
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