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Michigan gas prices drop from last week
08 Sep 2025 23:08 GMT
… a kind of gas price dilemma.
This dilemma highlights … affect the economy.
Gas prices affect transportation costs, travel and … , which also tracks gas prices, noted that Michigan and … Reuters reported. ConocoPhillips bought Marathon Oil a year ago, and Concho …
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ConocoPhillips to cut up to 25% of workforce
09 Sep 2025 12:08 GMT
… rising costs and lower crude prices as drivers of sweeping … of pressure from falling oil prices and rising operating costs, … billion in savings from its Marathon Oil acquisition last year. The … . Benchmark U.S. crude prices are down about 11% this …
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Analysts say that ConocoPhillips’ deep-seated layoffs demonstrate the need for capital discipline.
09 Sep 2025 00:05 GMT
… its peers, as oil prices are falling and revenues are … slump in crude oil prices is due to increased … Energy Information Administration, crude prices are expected to fall again … article. ConocoPhillips' and Marathon Oil's capital expenditures are …
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ConocoPhillips adds Gulf Coast LNG supply with latest long-term agreement
08 Sep 2025 20:33 GMT
… of Marathon Oil Corporation (Marathon Oil), the anticipated impact of our acquisition of Marathon Oil … : effects of volatile commodity prices, including prolonged periods of … of significant declines in commodity prices or otherwise; unsuccessful exploratory …
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Analysis-ConocoPhillips' deep layoffs highlight need for capital discipline, analysts say
08 Sep 2025 20:08 GMT
… competitiveness against peers as oil prices and revenues fall, investors … to a slump in crude prices, pushing down oil company … COVID-19 pandemic. Crude prices, which have fallen around … acquisitions in recent years, including Marathon Oil for $22.5 billion …
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ConocoPhillips to cut up to 25% of workers
08 Sep 2025 18:43 GMT
… ’ headcount reduction comes as oil prices remain lower than in the … , is anticipated.”
The average crude price in May was the lowest … .
ConocoPhillips also recently finished integrating Marathon Oil, which it agreed to acquire …
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Oil tycoons bet big on Trump. It’s paying off.
08 Sep 2025 03:12 GMT
… supplies globally, have depressed oil prices, cost energy firms billions of … will translate into higher energy prices for consumers, fuel climate change … expected after it acquired rival Marathon Oil last year. Chevron announced earlier …
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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
… is driven by falling crude prices, rising production costs and … decline in crude oil prices this year, driven by … its balance sheet.
The Marathon Oil acquisition, while securing valuable … portfolio.
The integration of Marathon Oil remains a central priority, …
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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 … . The industry is facing lower prices and rising costs as OPEC … billion from its purchase of Marathon Oil in the past year. The …
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ConocoPhillips to slash jobs
05 Sep 2025 19:28 GMT
… $22.5 billion acquisition of Marathon Oil in 2024, Reuters reported in … ConocoPhillips are framing falling crude prices as justification for slashing thousands …