-
Who Owns ConocoPhillips? Oil Giant to Axe Up to 3,250 Staff in Brutal Global Layoffs as Energy Crisis Bites
06 Sep 2025 10:00 GMT
… (£16.65 billion) purchase of Marathon Oil earlier this year.
Thousands of … to its balance sheet.
The Marathon Oil acquisition, while securing valuable assets … its portfolio.
The integration of Marathon Oil remains a central priority, with …
-
ConocoPhillips CEO Reportedly Says M&A Focus Hurt Competitiveness, Leading To Jobs Cuts – ‘I Fault Myself’
05 Sep 2025 20:57 GMT
… ; Last year, the company bought Marathon Oil for $22.5 billion. In …
-
Conoco CEO: 'I blame myself for not paying attention'
05 Sep 2025 20:10 GMT
… of the business.
Conoco purchased Marathon Oil, a smaller competitor, for $22 … billion from its purchase of Marathon Oil in the past year. The …
-
ConocoPhillips to slash jobs
05 Sep 2025 19:28 GMT
… $22.5 billion acquisition of Marathon Oil in 2024, Reuters reported in …
-
ConocoPhillips Announces Major Layoffs—What It Means for Oklahoma
05 Sep 2025 17:53 GMT
… mergers - like the recent Marathon Oil integration - and tariff-driven …
-
'I fault myself for not paying more attention,' Conoco CEO tells employees facing deep job cuts
05 Sep 2025 17:16 GMT
… company. Conoco bought smaller peer Marathon Oil last year for $22.5 … related to its acquisition of Marathon Oil last year, and the company …
-
ConocoPhillips to Lay Off a Quarter of its Employees
05 Sep 2025 02:37 GMT
… share.
“This acquisition of Marathon Oil further deepens our portfolio and … we see significant synergy potential.”
Marathon Oil became an independent exploration and … gas business in Equatorial Guinea.
Marathon Oil boasted competitive advantages through its …
-
Oil and gas layoffs deepen as ConocoPhillips cuts its workforce
05 Sep 2025 01:58 GMT
… .
In November 2024, ConocoPhillips acquired Marathon Oil for $22.5 billion, but …
-
ConocoPhillips Layoffs Set to Target Up to 25% of Its Global Workers
04 Sep 2025 20:47 GMT
… year after the company acquired Marathon Oil. Many big businesses have rushed …
-
ConocoPhillips to begin layoffs as early as Nov. 10, company says in state notice
04 Sep 2025 19:50 GMT
… savings from its acquisition of Marathon Oil last year.
The company has …