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Stocks rise as Fed keeps aggressive easing in place
Mar 20, 2013 16:40 EDT
US stocks recorded solid gains Wednesday as the Federal Reserve held steady on its policy of economic stimulus.
US firm reports big oil find in Gulf of Mexico
Mar 20, 2013 09:44 EDT
US firm Anadarko Petroleum has announced what it calls a "potentially giant" oil find in deep waters of the Gulf of Mexico.
Tributes pour in for 'man on the moon' Armstrong
Aug 27, 2012 02:49 EDT
Tributes poured in following the death of Neil Armstrong, the humble US astronaut whose "small step" on the moon captivated the world and came to embody the wonder of space exploration.
Tributes pour in for 'man on the moon' Armstrong
Aug 26, 2012 16:37 EDT
Tributes poured in Sunday following the death of Neil Armstrong, the humble US astronaut whose "small step" on the moon captivated the world and came to embody the wonder of space exploration.
US astronaut Neil Armstrong dead at 82
Aug 26, 2012 01:22 EDT
The first man to set foot on the moon, renowned US astronaut Neil Armstrong, has died, his family announced, prompting glowing tributes to his achievements and notably humble character.
Neil Armstrong, first man on moon, dead at 82
Aug 25, 2012 23:11 EDT
The first human to set foot on the moon, renowned US astronaut Neil Armstrong, has died following complications from cardiovascular surgery. He was 82.
Neil Armstrong: First man on the moon
Aug 25, 2012 22:46 EDT
With one small step off a ladder, Neil Armstrong became the first human to set foot on the moon on July 20, 1969, making him the most lauded American of the Cold War space race.
US astronaut Neil Armstrong dead at 82
Aug 25, 2012 16:24 EDT
Famed US astronaut Neil Armstrong, the first person to set foot on the moon, has died following complications from cardiovascular surgery, his family said Saturday. He was 82.
French Total signs Iraqi Kurdistan oil deal
Jul 31, 2012 12:25 EDT
French energy giant Total said on Tuesday it has signed an oil exploration deal for areas in the Kurdistan region of northern Iraq, putting it on a collision course with the central government in Baghdad.
French oil group Total signs deal in Iraqi Kurdistan
Jul 31, 2012 11:14 EDT
French energy giant Total said Tuesday it had signed an oil exploration deal in the Kurdistan region in Iraq's north, a move likely to put it at odds with the central government in Baghdad.
Dow falls over 250 points on growth fears
Jun 21, 2012 16:55 EDT
US stocks slid sharply Thursday, with the Dow Jones Industrial Average sinking two percent, as disappointing economic data from China and Europe followed the Federal Reserve's slashing its growth forecast for the United States.
US, Libya probing oil firms: report
Apr 08, 2012 17:59 EDT
US and Libyan authorities are probing oil giants including Italy's Eni SpA and Total SA of France for their past ties to the fallen regime of Moamer Kadhafi, The Wall Street Journal reported Sunday.
Five stocks ripe for spinoffs
Dec 06, 2011 09:24 EST
Includes BP, PG . Perhaps corporate spinoffs are the new black. In the first half of this year, 145 spinoffs were announced and the number had risen to over 160 through early August, according to data from Bloomberg.
Insight: African leader's son tests U.S. anti-corruption push
Dec 02, 2011 17:41 EST
WASHINGTON (Reuters) - The wealthy son of Equatorial Guinea's president squared off this week against the U.S. government in a legal battle over efforts to seize his $30 million California mansion, exotic cars, a private jet and an extensive collection of Michael Jackson memorabilia.
Insight: African leader's son tests U.S. anti-corruption push
Dec 02, 2011 17:37 EST
WASHINGTON (Reuters) - The wealthy son of Equatorial Guinea's president squared off this week against the U.S. government in a legal battle over efforts to seize his $30 million California mansion, exotic cars, a private jet and an extensive collection of Michael Jackson memorabilia.
Conoco to spill more details on split
Sep 06, 2011 17:17 EDT
HOUSTON (Reuters) - ConocoPhillips <COP.N> will divulge more details on Wednesday about its plan to split in two and analysts say the focus will likely be on its chemical joint venture, Canadian oil sands assets and pipelines.
Oil companies watch for possible Gulf of Mexico storm
Aug 30, 2011 15:53 EDT
HOUSTON (Reuters) - U.S. oil companies were monitoring a developing weather system in the western Caribbean Sea that some weather forecasters say may develop late this week into a tropical storm in the northwestern Gulf of Mexico, home to the U.S. offshore oil patch.
ENI leads Libya oil race; Russia, China may lose out
Aug 22, 2011 22:08 EDT
MILAN/LONDON (Reuters) - Italian oil company Eni led the charge back into Libya on Monday as rebels hailed the end of Muammar Gaddafi's rule and as traders watched for the return of Libyan crude to the market.
KKR's lower earnings miss estimates, shares fall
Aug 03, 2011 12:35 EDT
NEW YORK (Reuters) - Private equity firm KKR & Co <KKR.N> reported lower-than-expected second-quarter earnings on Wednesday as investment income declined and the value of its investments rose less than the previous year, sending its shares lower.
ConocoPhillips (COP): Playing the crack spread
Jul 29, 2011 08:08 EDT
Right now the crack spread is about $34, its highest level in years . There?s a lot of talk about diversification and asset allocation on this website, and rightly so. While diversification can limit large short-term gains, it also protects against large short-term losses. Since the markets tend to be unpredictable, it?s the best way to invest long term.
Facts from the Wikipedia page:
 | |
| Type | Public (NYSE: MRO) |
|---|---|
| Founded | 1887 |
| Headquarters |  Houston, TX, USA |
| Area served | Worldwide |
| Key people | Thomas J. Usher (Chairman) Clarence P. Cazalot, Jr. (President) & (CEO) |
| Industry | Oil and gas |
| Products | Petrochemical Natural gas |
| Revenue | ▲ $ 77.193 billion (2008) |
| Operating income | ▲ $ 7.023 billion (2008) |
| Net income | ▼ $ 3.528 billion (2008) |
| Total assets | ▼ $ 42.686 billion (2008) |
| Total equity | ▲ $ 21.409 billion (2008) |
| Employees | 29,524 (2008) |
| Website | Marathon.com |
