Political Contributions and Lobbying
Marathon Oil encourages responsible energy development, and advocates for reasonable and balanced regulations. The Company continues to work with federal and state legislators and regulatory agencies on issues affecting our business and industry. For example, Company subject-matter experts in hydraulic fracturing, well integrity, drilling, completions, safety practices and water management review proposed regulations and legislation. They may provide testimony to legislative bodies, participate in industry working groups, and collaborate with stakeholder groups to address concerns through mutually acceptable solutions.
We promote responsible, reasonable regulations; safe and reliable infrastructure; tax regimes that encourage investment; and consistent and timely permitting processes. In addition, we conduct education sessions on oil and gas, as well as tours of our U.S. operations for legislators and regulators.
We also participate in the public policy process by contributing to candidates and organizations that support responsible energy development. In 2017, Marathon Oil made a direct corporate contribution of $14,000 to five candidates in New Mexico, as allowed by state law.
Through the Marathon Oil Company Employees Political Action Committee (MEPAC), eligible employees can contribute to candidates for U.S. federal and state elected office. In 2017, MEPAC donated $46,200 to 30 candidates, political party organizations and PACs. MEPAC is registered with the U.S. Federal Election Commission (FEC) and complies with all FEC, state and local rules and reporting requirements.
The Marathon Oil Company Political Action Committee of Texas (MOCPAC-TX) donated $5,000 to one state candidate in Texas in 2017. MOCPAC-TX is registered with the Texas Ethics Commission and complies with all Texas rules and reporting requirements.
Both PACs are managed by a board of employee directors, with oversight from the Health, Environmental, Safety and Corporate Responsibility (HES&CR) Committee of the board of directors. All PAC contributions are based on a candidate’s position on business issues and without regard for the political preferences of Company executives or PAC board members.
Marathon Oil makes payments to organizations and trade associations that engage in, among other things, lobbying activities. Through these trade associations, we participated in the U.S. public policy dialogue about critical environmental and energy policies, including rulemaking comment periods regarding climate change issues. We voluntarily report these payments, and our policies and procedures for lobbying and political activities, in the interest of good governance and transparency.
Our 2017 Report of Lobbying and Political Contributions discloses corporate contributions made to all tax-exempt organizations, including 527s and 501(c)(4)s, that exceeded $35,000. Based on information we received from our trade associations, the report also discloses the lobbying portion of our payments and dues made to trade organizations that, if made directly by the Company, would not be deductible under section 162(e) of the Internal Revenue Code and that exceed $35,000.
Featured This Year
Marathon Oil uses well-established business processes to evaluate climate change risk in our investment decisions, and engages with external stakeholders to understand their perspectives.
Marathon Oil and our workforce were deeply affected by the record-shattering storm. But we cared for each other, our neighbors and communities, while continuing critical business functions and safeguarding our South Texas Eagle Ford asset.
Digital Oilfield Capabilities
We’re expanding digital oilfield capabilities throughout our U.S. unconventional resource plays. They’re allowing us to automate field operations, transmit and manage large amounts of data, perform site and equipment surveillance remotely, and analyze and optimize operations.
Since 2002, Marathon Oil has been the operator of a world-class integrated gas business in Equatorial Guinea. We’re striving to bring progress, opportunities and national capacity to the community and host nation, while building long-term shareholder value.