• Updated

FINDLAY, Ohio, Aug. 2, 2020 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) today announced that it and certain of its subsidiaries have entered into a definitive agreement with 7-Eleven, Inc., a wholly owned, indirect subsidiary of Seven & i Holdings Co., Ltd. (3382: Tokyo), whereby 7-Eleven will acquire Speedway for $21 billion in cash. The transaction is expected to close in the first quarter of 2021, subject to customary closing conditions and regulatory approvals.

  • Updated

HOUSTON, July 31, 2020 /PRNewswire/ -- Oasis Midstream Partners LP (Nasdaq: OMP) ("Oasis Midstream" or the "Partnership") plans to announce its Second Quarter 2020 financial and operational results on Wednesday, August 5, 2020 before market open. Additionally, the Company will host a live webcast and conference call on Wednesday, August 5, 2020 at 11:30 a.m. Central Time to discuss Second Quarter 2020 financial and operational results.

  • Updated

Judge Laurie Selber Silverstein signed an order authorizing Furie Operating Alaska LLC to enter into an acquisition by foreclosure agreement with Kachemak Exploration LLC on Feb. 21 in the U.S. Bankruptcy Court for the District of Delaware.

COVER PHOTO: King-Sherwood Oil Company well in the Bannatyne Oil Field, Teton County, Montana. Fairfield Sun Times photo by Darryl L. Flowers

featured

Cascade Farmers Mutual Insurance Company’s Board of Directors announced at the Annual Meeting March 13th, Janet Thompson as their new General Manager.  Mrs. Thompson has been with Cascade Farmers Mutual Insurance Company since 2007 and comes with over 33 years of combined Insurance Experienc…

While it seems to fly in the face of everything we believe and have been taught about nuclear power, it may actually be the safest form of power production that we have. Ironically, the immense potency of the power of splitting an atom is simultaneously what makes nuclear weapons so dangerou…

  • Updated

Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. International oil companies (IOCs) are likely to face a B…

featured

Gannett’s board has rejected an unsolicited proposal to be bought by media company MNG Enterprises, known as Digital First Media, Gannett said Monday. The board’s rejection was unanimous.

Oil Search said Jan. 24 that it has exercised its option with Armstrong Energy to acquire a 50 percent interest in, and operatorship of, the 195,200-acre block of leases on the eastern North Slope held by Lagniappe Alaska LLC, a 100 percent-owned Armstrong company.

  • Updated

The number of drilled but uncompleted wells (DUCs) in the U.S. shale patch has skyrocketed by roughly 60 percent over the past two years. That leaves a rather large backlog that could add a wave of new supply, even if the pace of drilling begins to slow.

Oil prices regained more ground on Wednesday, pushed higher after equity markets rebounded from an initial selloff at the start of 2019 trading.

From left to right, Ross Oveson and Brad Bauman, with Sun River Electric Cooperative present a check to Ben Rhodes and Nick Dale with the Fairfield Volunteer Fire Department. The $2,400 check will be used to offer advanced training to our firefighters. The Education Fund donation comes from …

BIG HORN COUNTY, MONTANA - Clearmont, Wyo.–based Alta Vista Oil (Alta Vista), who appears to be representing Apache Oil, has a new field discovery at a remote site located in the northwestern portion of the Powder River Basin in Montana. Spotting some 2 miles north of the Wyoming border and …