Oily Wave
Founded as the Ohio Oil Company in 1887, the Marathon Oil Company, known as such since 1930, is an oil an energy company that has recently divided its two main businesses: 1) The “upstream” business, which is responsible for the exploration and mining of oil and 2) The “downstream” business, which is about the refining, marketing, and transportation of the oil. In broad terms. The upstream business has been spun-off into its own company called Marathon Petroleum Corporation and is keeping the old logo. The downstream business has kept the Marathon Oil Company name and adopted a new logo, designed by Houston, TX-based BrandExtract.The new Marathon Oil logo is an abstracted tri-color energy wave that symbolizes the momentum resulting from its upstream activity as well