Marathon trims capital programs for 2015
Houston (UPI) Dec 18, 2014 - Marathon Oil Corp. said trimming its 2015 capital program by 20 percent was a reflection of the need to manage cash flow in the bear market for crude oil. Marathon, in a late Wednesday release, said it was planning to spend around $4.4 billion next year on investments and exploration, about 20 percent less than it had designated for the current year. "We remain confident in our i ... more
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