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Stabroek Block: Exploration Highlights

ExxonMobil initiated oil and gas exploration activities in Guyana in 2008, collecting and evaluating 3-D seismic data that led to the company safely drilling its...

Hess Corporation expects significant returns on Guyana investment

The announcement by ExxonMobil Corporation on Friday of a 6th oil discovery off the coast of Guyana has further cemented the view that investment...

Hess completes sale of Norway assets to fund Guyana production, reduce...

Hess Corporation on December 22, 2017 announced that it had completed the previously announced sale of its subsidiary Hess Norge, which owns interests in...

Hedge fund Elliott prepares second challenge to Hess Corp

(Reuters) - Elliott Management Corp is readying for a new fight with Hess Corp (HES.N) to remedy what the activist hedge fund called on...

Hess wraps up sale of interests in Equatorial Guinea

Hess Corporation said Tuesday it has completed the previously announced sale of its interests in offshore Equatorial Guinea to Kosmos Energy and Trident Energy for a total consideration of $650...

Hess sees Guyana as “growth engine”, sets aside billions to prefund...

In a presentation at the Bank of America Merrill Lynch 2017 Global Energy Conference on Thursday, Hess Corporation (NYSE:HES) Chief Executive Officer John Hess, disclosed a number of steps the...

Hess says production halted at several locations following Gulf of Mexico...

Hess Corporation (NYSE: HES), a 30 percent stakeholder in the Stabroek Block offshore Guyana, said on Monday that production has been halted at several locations resulting...

Exxon, Hess and Nexen plug US$50,000 into Guyana Hurricane relief efforts

ExxonMobil and its joint venture partners, Hess and CNOOC Nexen today donated US$50,000 (G$10M) to Guyana’s hurricane relief efforts for territories across the Caribbean...

Hess captures leadership status in CDP’s Global Climate Analysis

Hess Corporation (NYSE:HES) has been recognized for climate change stewardship, achieving leadership status in CDP’s 2017 Global Climate Analysis. Hess is the only U.S. energy...

Hess suffers $624M loss in 3rd quarter 2017

Hess Corporation (NYSE: HES) today reported a net loss of $624 million, or $2.02 per common share, in the third quarter of 2017 compared...

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