LYCOS RETRIEVER 
Marathon
built 657 days ago
Syntroleum and Marathon have been working together for several months in readiness for the DOE program. The agreement with the DOE was signed in July, as previously announced. Work on the $36 million project, of which the DOE will fund $16 million, has already begun. Marathon is partly funding the project and is ... providing technical and project management personnel to work with Syntroleum in the engineering, construction and operation of the synthetic fuels plant. Certain items of equipment from Syntroleum's pilot plant at BP's Cherry Point, Washington refinery are currently being dismantled for shipment to a site at Port of Catoosa near Tulsa, Oklahoma, where the new 70 barrels per day stand-alone fuels production facility will be built. Construction is scheduled to start in the first quarter 2002, with production and testing of fuels expected to continue through completion of the program in early 2004.
Source:
Marathon's 2006 worldwide exploration and exploitation budget is $588 million, which represents an increase of $199 million over 2005 spending. Approximately 60 percent of this budget is for exploration activity which includes funds to drill 19 significant exploration wells. The 2006 exploration budget is approximately $80 million higher than 2005 spending and largely reflects increased 2006 activity in Angola. Exploitation activity comprises the remaining 40 percent of this budget and is focused primarily on projects within or adjacent to the Company's onshore producing properties in the United States.
Source:
The Marathon has always had a prominent place in the hearts and minds of athletes. It represents the ultimate athletic effort ---where the human body, mind and soul are tested to their limits.
Source:
Marathon Oil Corp. (MRO) opened at 47.26. So far today, the stock has hit a low of 47.26 and a high of 48.57. MRO is now trading at 48.31, up 1.08 (2.29%). The stock hit its 52 week high of 67.04 in June and set its 52 week low of 43.24 in January. MRO has been generally up for the past year. Shares of energy producers have been rallying today as oil prices climbed above $88 a barrel after slipping more than $2 a barrel overnight, on concerns that crude inventories in the United States are growing.
Source:
The Marathon course blends urban, suburban and rural settings including beautiful paved trails along the Susquehanna River and through Wildwood Lake Park. Runners comment that the start and finish lines, Expo, and local hotels are all easily accessed - click to read runners' comments. Race volunteers pride themselves on the level of support and friendly atmosphere of this "hometown" marathon.
Source:
In 2005, Marathon subsidiary Speedway SuperAmerica LLC (SSA) was informed that its retail operations in Kentucky were under investigation for alleged gasoline price gouging utilizing a new and extremely vague law. The Attorney General began by reviewing the timeframe following the 2005 hurricane season. The Attorney General subpoenaed financial records from Marathon and SSA and numerous other retail gasoline marketers. From the beginning, Marathon has cooperated fully with the Attorney General on this investigation and participated in a number of discussions. However, the Company has not been contacted by the Attorney General's office since January 2007.
Source:
MORE ABOUT
Marathon