By Bernhard Warner and Rebecca F. Elliott ConocoPhillips agreed on Wednesday to acquire its smaller rival, Marathon Oil, the latest deal in a wave of consolidation sweeping the oil industry.

TEXAS CITY, Texas — Fire broke out at the Marathon Petroleum refinery in Texas City Saturday, leading to a shelter-in-place that has since been lifted.

Marathon Oil will pay a record $64.5 million penalty and invest an estimated $177 million in pollution-cutting measures to resolve alleged violations of the Clean Air Act at oil and gas operations ...

The federal government announced a $241.5 million settlement with Marathon Oil on Thursday for alleged air quality violations at the company's oil and gas operations on the Fort Berthold Indian ...

Diesel futures surged to a seven-month high in New York after Marathon Petroleum Corp. said it was shutting the third largest US oil refinery following a blaze at a storage tank. The fire at the ...

By Rebecca F. Elliott Marathon Oil agreed to spend $241.5 million to resolve federal allegations that it unlawfully emitted methane, a planet-warming greenhouse gas, and other pollutants from oil ...

The federal government announced a $241.5 million settlement with Marathon Oil on Thursday for alleged air quality violations at the company's oil and gas operations in the Fort Berthold Indian ...

A month has gone by since the last earnings report for Marathon Oil (MRO). Shares have added about 13.4% in that time frame, outperforming the S&P 500. Will the recent positive trend continue ...

Marathon Oil stock hasn't seen the best year in 2023, and neither did 2024 start off too well. Q4 earnings have boosted the stock recently. JPMorgan analyst Arun Jayaram sees the stock offering 30 ...

Big Oil keeps doing big deals. ConocoPhillips said Wednesday it had agreed to buy Marathon Oil in an all-stock deal worth $22.5 billion, including about $5.4 billion of debt. Marathon Oil ...