Marathon Oil Corp. announced that its estimated first-quarter production surged due to improved operations, but the oil company warned of commodity price deterioration. For full story, click here
Continue reading "Marathon Oil Corp. estimated production rise in Q1"
Wednesday, October 8, 2008
By Duncan Sutherland – Exclusive to Heavy Oil Investing News Market news As predicted, the combination of falling oil prices, demand destruction and tight credit is beginning to affect heavy oil and oil sands. Energy stocks and trusts are down, and the news marginalia suggests that companies have a bleak outlook for the future profitability [...]
Continue reading "Upgrader: Tight belts"
Wednesday, August 6, 2008
By Duncan Sutherland- Exclusive to Heavy Oil Investing News Senator and Presidential candidate Barack Obama has announced that his administration would release light crude oil from the nation’s Strategic Petroleum Reserve and restock the inventory with heavy crude. Many have criticized the US government for continuing to stock the reserve with oil prices so high, [...]
Continue reading "Upgrader: August 6"
Friday, August 1, 2008
Marathon Oil Corporation reported second quarter 2008 net income of $774 million. The company also said that construction Detroit Heavy Oil Upgrading Project. For full news, click here
Continue reading "Marathon reports Q2 results"
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The Heavy Oil Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
Tuesday, April 14, 2009