Marathon sale sparks civic tribute in Robinson Illinois
Marathon Oil Co day in Robinson drew thousands as residents from Flat Rock Hutsonville Oblong Palestine and Stoy gathered to honor the 75 year partner. City leaders planned red ribbon displays and a courthouse rally to show support for the refinery which employs 850 locally and supplies hundreds in oil field work amid talk of a Mobil takeover and antitrust concerns voiced by Rep. Paul Simon.
MENTIONED IN THIS ARTICLE
Findlay
Ohio
Marathon
Paul Simon
D-Ill
U.S
William F. Baxter
Justice Department
Antitrust Division
Simon
Mobil
Marathon Mobil merger faces congressional opposition
Ohio lawmakers urge FTC to block Mobil Corp from acquiring Marathon Oil on a six month hold-separate basis. The proposal would keep Marathon intact if the FTC disapproves, while allowing potential employee terminations. Critics warn it could accelerate oil majors' consolidation and raise rates and credit pressure. The letter was signed by Sen. Howard M Metzenbaum and others including Sen. John Glenn and Reps. Clarence Brown and Mike Oxley.
MENTIONED IN THIS ARTICLE
Washington
Ohio
Mobil Corp
Marathon Oil Co
Federal Trade Commission
FTC
Howard M. Metzenbaum
Commission
Congress
Bureau of Competition
Mobil
Marathon
U.S
Gulf
Texaco
Utah
Sen
John Glenn
Clarence J. Brown
Rep
Mike Oxley
Exxon Pulls Out of Libya Oil Operations
The New York Times reports Exxon Corporation has decided to withdraw from all Libya oil and gas production. Officials cited unclear reasons including potential disputes or security concerns. Exxon is not commenting on compensation or operation values.
MENTIONED IN THIS ARTICLE
New York Times
Exxon Corporation
America
Libya
Exxon
Muammar Khadafy
Renan
Senate
Also Mentioned on This Page
Robinson
Conoco
Illinois
ST Cuck Toms
Seoduch
Marion Plaza
Marion
Jackson Square
Murphysboro
Southtown
Duquoin
Ses
Ira Joyce
Fair Isle
S.M.L
University Mall
Carbondale
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