Chevron to buy Hess for $53 Billion in latest oil megadeal
Chevron Corp. (NYSE: CVX) agreed to buy Hess Corp. (NYSE: HES) for $53 billion, the latest major US oil takeover as the industry bets on an enduring future for fossil fuels.
Hess Corporation
‘The next place to look is the UK’ says Ineos Energy chairman Gilvary
The UK North Sea is next on the list of growth targets for Ineos Energy, according to executive chairman Brian Gilvary.
Ineos to acquire Hess oil and gas assets in Denmark for $150million
Ineos has announced a $150million (£108m) deal to buy the oil and gas assets of Hess Corporation in Denmark.
ExxonMobil announces Redtail oil discovery offshore Guyana
ExxonMobil has announced another oil discovery off the coast of drilling hotspot Guyana, at its Redtail well.
Petrofac delays £11m decommissioning contract with Awilco Drilling
Petrofac has deferred an £11million decommissioning contract for Aberdeen-headquartered Awilco Drilling.
ExxonMobil increases Guyana estimates by two billion barrels, makes another discovery
ExxonMobil has increased its estimated recoverable resources in Guyana by two billion barrels after a hot streak of discoveries at the prolific Stabroek block.
Hess announces multi-billion oil exploration warchest
Hess Corporation has today announced a huge oil exploration warchest of £2.2 billion.
Hess Corporation fails to stem losses but improves on last year
Hess Corporation today reported a net loss of £98 million in the second quarter of 2018, compared to a net loss of £341 million in the second quarter of 2017.
Hess claim eighth Guyana oil discovery
Hess Corporation today announced an eighth oil discovery offshore the South American country of Guyana at its Longtail-1 exploration well, creating the potential for additional resource development in the southeast area of the Stabroek Block.
Hess hits top spot on corporate responsibility
Hess Corporation has earned a place as the No. 1 oil and gas company on Corporate Responsibility magazine’s prestigious list of 100 Best Corporate Citizens for 2018.
Exxon, Hess announce seventh oil discovery off Guyana
Hess Corporation today announced a seventh oil discovery offshore Guyana, following drilling at the Pacora-1 exploration well.
Hess reports ‘improved’ $2.6million Q4 loss
Hess Corporation today reported a net loss of $2,677 million, in the fourth quarter of 2017, compared with a net loss of $4,892 million, in the fourth quarter of 2016.
Hess sells off Norwegian interests
Hess Corporation (HES) announced today that it has completed the previously announced sale of its subsidiary Hess Norge.
Hess reports losses as it continues to build up cash reserves to take on Guyana prospect
US-based Hess Corporation shedding high cost assets to fund South American exploration activity.
Hess cuts production forecast after unplanned downtime in Gulf of Mexico
US oil producer Hess Corp has reported a smaller than expected quarterly loss.
Hess reports $291million loss in third quarter
Hess Corporation reported an estimated adjusted net loss of $291 million for the third quarter of 2015 compared with adjusted net income of $377million in the third quarter of 2014.