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JUST IN: BP sells Texas oil operation to marathon petroleum

 
Marmaduke
User ID: 5296866
United Kingdom
10/08/2012 08:52 PM
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JUST IN: BP sells Texas oil operation to marathon petroleum
Just breaking now on bbc news
Anonymous Coward
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10/08/2012 08:59 PM
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Re: JUST IN: BP sells Texas oil operation to marathon petroleum
Trying to raise cash for problems in Russia or trying to raise cash to settle 'issues' in the Gulf of Mexico?
Anonymous Coward
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10/08/2012 09:24 PM
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Re: JUST IN: BP sells Texas oil operation to marathon petroleum
I hope BP gets fucked in the ass without any lube.
KartAnimal29

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10/08/2012 10:44 PM
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Re: JUST IN: BP sells Texas oil operation to marathon petroleum
[link to investing.businessweek.com]
Anonymous Coward
User ID: 3949899
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10/08/2012 10:46 PM
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Re: JUST IN: BP sells Texas oil operation to marathon petroleum
Its a good thing

Better insurance, same unions and their american.
Anonymous Coward
User ID: 24776710
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10/08/2012 11:12 PM
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Re: JUST IN: BP sells Texas oil operation to marathon petroleum
These guys are bailing also.
[link to gcaptain.com]
****SUPERFLY****

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10/08/2012 11:33 PM
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Re: JUST IN: BP sells Texas oil operation to marathon petroleum
The whole floor of the Gulf of Mexico is about to explode..why the hell anyone wants to do business there is beyond me!
Requiemdream

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10/08/2012 11:58 PM

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Re: JUST IN: BP sells Texas oil operation to marathon petroleum
 Quoting: KartAnimal29


Very interesting....interesting indeed. Looks like they are bailing out of the gulf maybe?
Perpetually dumbfounded.

“I have learned now that while those who speak about one's miseries usually hurt, those who keep silence hurt more." C.S. Lewis

“Sticks and stones may break your bones but words can break hearts.”
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Requiemdream

User ID: 23950421
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10/09/2012 12:00 AM

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Re: JUST IN: BP sells Texas oil operation to marathon petroleum
These guys are bailing also.
[link to gcaptain.com]
 Quoting: Anonymous Coward 24776710


They are all bailing. We should be prepared for sure! hiding
Perpetually dumbfounded.

“I have learned now that while those who speak about one's miseries usually hurt, those who keep silence hurt more." C.S. Lewis

“Sticks and stones may break your bones but words can break hearts.”
Tim Minchin
Anonymous Coward
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10/09/2012 12:12 AM
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Re: JUST IN: BP sells Texas oil operation to marathon petroleum
The whole floor of the Gulf of Mexico is about to explode..why the hell anyone wants to do business there is beyond me!
 Quoting: ****SUPERFLY****


Yep. Sadly I think you're right.

I'm glad I'm not a resident of Texas, Louisiana, Mississippi, Alabama, or Florida. Those fuckers are going bye bye very soon.
Ohwell

User ID: 1130828
United Kingdom
10/09/2012 12:15 AM
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Re: JUST IN: BP sells Texas oil operation to marathon petroleum
These guys are bailing also.
[link to gcaptain.com]
 Quoting: Anonymous Coward 24776710


They are all bailing. We should be prepared for sure! hiding
 Quoting: Requiemdream


Everyone is bailing? Is this normal especially in the light of all that is going on in the world?
Anonymous Coward
User ID: 24776710
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10/09/2012 12:16 AM
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Re: JUST IN: BP sells Texas oil operation to marathon petroleum
The whole floor of the Gulf of Mexico is about to explode..why the hell anyone wants to do business there is beyond me!
 Quoting: ****SUPERFLY****


Yep. Sadly I think you're right.

I'm glad I'm not a resident of Texas, Louisiana, Mississippi, Alabama, or Florida. Those fuckers are going bye bye very soon.
 Quoting: Anonymous Coward 10957384


Bring it!!!
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Anonymous Coward
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10/09/2012 12:50 AM
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Re: JUST IN: BP sells Texas oil operation to marathon petroleum
Who owns Marathon Petroleum?

[link to stockzoa.com]



Marathon began as The Ohio Oil Company in 1887. In 1889, it was purchased by John D. Rockefeller's Standard Oil trust. It remained a part of Standard Oil until the trust was broken in 1911. In 1930, The Ohio bought the Transcontinental Oil Company, giving it the "Marathon" brand name. In 1962, the company changed its name to "Marathon Oil Company" after its main brand name. Mobil wanted to buy the company in 1981. The residents of Findlay, Ohio, the corporation's home town, worried that the Findlay jobs would be lost so Marathon looked for a white knight. They found one in 1982 when United States Steel bought the company. The headquarters moved to Houston in 1990 but the company maintained downstream operations in Findlay (which are now Marathon Petroleum). In 2001, USX, the holding company that owned United States Steel and Marathon, spun off the steel business and in 2002 USX renamed itself Marathon Oil Corporation.

[link to en.wikipedia.org (secure)]

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