27 November 2017
Energy Company of the Year—mid cap
Marathon Oil
Despite a third quarter plagued by heavy storms and hurricanes, Houston-based Marathon Oil has once again delivered on an outstanding year. Production in the US rose 10% over the second quarter—and 17% above year—earlier levels-averaging 245,000 barrels per day. Output from the Eagle Ford inched up to 101,000 b/d-around a 1,000 b/d rise from the previous quarter—despite the devastating damage caused by Hurricane Harvey. Similarly, the company's third quarter output from Libya doubled over the previous quarter—a significant rise considering the firm was unable to produce crude at all during the same quarter in 2016. Marathon Oil also divested its stakes in Canada's oil sands this year. The fi
Also in this section
24 December 2025
As activity in the US Gulf has stagnated at a lower level, the government is taking steps to encourage fresh exploration and bolster field development work
23 December 2025
The new government has brought stability and security to the country, with the door now open to international investment
23 December 2025
A third wave of LNG supply is coming, and with it a likely oversupply of the fuel by 2028
22 December 2025
Weakening climate resolve in the developed world and rapidly growing demand in developing countries means peak oil is still a long way away
