Alaska: ConocoPhillips Buys Marathon’s Share of LNG Plant
ConocoPhillips has purchased Marathon Oil Co.’s 30 percent interest in the Kenai natural gas liquefaction plant the two companies have owned since 1969, a ConocoPhillips spokeswoman confirmed Oct. 11. The purchase was completed Sept. 26 but was not announced, according to Natalie Lowman, the spokeswoman. The transaction occurs as ConocoPhillips, the operator prepares to mothball [...]
