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Stock Market & Financial Investment News

News Breaks
May 19, 2014
12:49 EDTMURMurphy Oil exec takes leave to head refinery bid, Reuters says
Tom McKinlay, the head of operations at Murphy Oil's British subsidiary Murco, has left in order to head a bid for the company's Milford Haven refinery and retail business, according to Reuters, citing a source close to the company. Reference Link
News For MUR From The Last 14 Days
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March 23, 2015
16:37 EDTMURMurphy Oil announces Q1 well results, sees dry hole expense of $23M in Q1
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March 13, 2015
13:15 EDTMURPuma Energy acquires Murco Oil's UK assets
Puma Energy announced the acquisition of a series of UK assets from Murco Petroleum Limited, a subsidiary of Murphy Oil. The acquisition includes the Milford Haven facility in Wales, UK and three inland terminals at Westerleigh, Theale and Bedworth, as well as Murco's wholesale and distribution business in the UK. This in total adds approximately 1.4Mm3 of storage capacity to Puma Energy's midstream operations of 5.6Mm3. Under the terms of the agreement, which represents Puma Energy's first acquisition in the United Kingdom, the Company will acquire the assets and convert the site into a state-of-the-art storage facility. Puma Energy is also delighted to be welcoming all the terminal and distribution employees.

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