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
Marshall County Council set to consider Flock Camera cancellation resolution, 2027 Budget adoption at October meeting
Plymouth city meetings tonight: Public Works & Safety Board and Common Council to convene at City Hall
Marshall County Local Emergency Planning Committee to hold public meeting October 14
Recycle Depot closed for facility and equipment maintenance October 14, 15, and 16
Haunted History: Ghost Walk brings Marshall County’s darker stories to life
Get Your Neon Ready: Sunglasses At Night brings the ultimate '80s party to The REES
Gov. Braun positions Indiana to win big in booming sports economy
Plymouth woman arrested for driving without a license following traffic stop
