Marathon Oil
| Marathon Oil Corp.
|
|
|---|---|
 |
|
| legal form | Corporation |
| ISIN | US5658491064 |
| founding | 1887 |
| Seat |
Houston , Texas , United States
|
| management | Lee M. Tillman (President and CEO) |
| Number of employees | 3,330 |
| sales | 10.846 billion USD |
| Branch | oil and gas |
| Website | www.marathonoil.com |
| As of December 31, 2014 | |
Marathon Oil Corporation is an international energy company. The company is mainly active in the production of hydrocarbons ( oil sands ) and natural gas. The company also produces oil in Canada , Equatorial Guinea , Libya , Indonesia , Great Britain and the USA . The company's headquarters are in Houston .
history
The Ohio Oil Company was founded in 1887. In 1889 the company was taken over by the Standard Oil Company and incorporated into the company. In 1911 the Standard Oil Company was finally broken up . 34 individual companies emerged from the company, including the Marathon Oil Corporation .
In 1998, the Marathon Oil Corporation formed together with Ashland Inc. the subsidiary Marathon Ashland Petroleum LLC . Marathon Ashland Petroleum took over the distribution of petroleum products in the United States. On June 30, 2005, Marathon Oil Corporation bought Ashland's 50% stake. Thus the subsidiary belongs 100% to the company.
In 2003 the company sold its shares in Husky Energy to billionaire Li Ka-shing .
Marathon Oil is increasingly relying on oil sands. In 2009 the company produced 600 million barrels of synthetic oil from oil sands.
On July 1, 2011, the downstream business (refineries and petrol stations) was spun off as Marathon Petroleum , which also took over the old Marathon Oil logo.
In 2014 the stores in Angola and Norway were sold.
sales
| year | Sales in $ billion | Change in sales in% |
|---|---|---|
| 2009 | 54.139 | −31.09 |
| 2008 | 78,569 | 20.49 |
| 2007 | 65.207 | −0.37 |
| 2006 | 65,449 | 2.79 |
| 2005 | 63.673 | 27.58 |
| 2004 | 49.907 | 21.03 |
Web links
Individual evidence
- ↑ a b Form 10-K 2014 ( Memento of the original from March 5, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ^ Marathon to split upstream, downstream businesses , January 13, 2011
- ^ Marathon Oil Sells Norwegian Unit for $ 2.1 Billion , June 2, 2014
