Marathon Oil is being acquired by ConocoPhillips in an all-stock transaction this week.
The announcement says that the sale will have a value of $22.5 billion. The transaction is expected to close at the end of the year, but still needs federal and stockholder approval. Reports out of Robinson, home of the Marathon-Ashland refinery, by officials there indicate that the sale will not affect operations at the facility. That is because the refinery is part of a separate company. Marathon Petroleum Corporation controls refining, marketing and other downstream operations. It was formed out of Marathon Oil as a separate, independent, publicly traded company back in 2011
Early morning traffic stop leads to arrest of Plymouth man for unlicensed driving
Plymouth woman arrested on felony domestic battery charges after fleeing with children
Plymouth teen arrested following River Park Square brawl for dllegedly destroying special needs teen's shoe
Indiana Governor Mike Braun named FGA’s 2025 Governor of the Year
U.S. Rep. Yakym leads bipartisan letter urging FY27 funding for Light Tactical Vehicle Procurement and Modernization
U.S. Senaor Young supports bills to ban Stock Trading by members of Congress, help restore public trust
Yakym introduces resolution to honor Lou Holtz
Plymouth High School Speech Team captures State Championship, brings home Lawson Trophy
