Top Bidder for Citgo Is Elliott Management, Court Master Says
Posted inCitgo Petroleum Corp ConocoPhillips Courts and the Judiciary Decisions and Verdicts Elliott Management Corp Foreign Investments Illinois International Relations Louisiana Maduro, Nicolas Mergers, Acquisitions and Divestitures Oil (Petroleum) and Gasoline Petroleos de Venezuela SA Politics and Government Texas Venezuela

Top Bidder for Citgo Is Elliott Management, Court Master Says

The sale, which requires a judge’s approval, would help compensate foreign companies owed billions of dollars by the government of Venezuela, which owns Citgo.
Marathon Oil Agrees to Pay Record EPA Penalty
Posted inAir Pollution Clean Air Act ConocoPhillips Environment Environmental Protection Agency Fines (Penalties) Global Warming Greenhouse Gas Emissions Houston (Tex) Justice Department Marathon Oil Corporation Methane Natural Gas North Dakota Oil (Petroleum) and Gasoline Production Regulation and Deregulation of Industry Suits and Litigation (Civil)

Marathon Oil Agrees to Pay Record EPA Penalty

The company will spend $242 million to resolve allegations that it released methane, a greenhouse gas, and other pollutants in North Dakota.
ConocoPhillips to Buy Marathon Oil as M.&A. Frenzy Continues
Posted inChevron Corporation ConocoPhillips Devon Energy Corporation Endeavor Energy Resources LP Guyana Hess Corporation Houston (Tex) Institutional Shareholder Services Inc internal-storyline-no Marathon Oil Corporation Mergers, Acquisitions and Divestitures Oil (Petroleum) and Gasoline Pioneer Natural Resources Company

ConocoPhillips to Buy Marathon Oil as M.&A. Frenzy Continues

ConocoPhillips has agreed to buy Marathon Oil for $22.5 billion, as consolidation in the U.S. energy sector shows little sign of slowing down.