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8 wells at Liza will produce more oil than Delaware Basin’s...

Chief Executive Officer of Hess Corporation, John Hess, says when it comes to low development cost and favorable financial returns Guyana is a much...

Exxon joint venture partner HESS ranked top oil and gas company...

Hess Corporation (NYSE: HES) has earned a place as the No. 1 oil and gas company on Corporate Responsibility magazine’s prestigious list of 100 Best Corporate...

Positive cash flow from Guyana may not come before 2022 –...

Hess Corporation does not expect oil production in the South American country of Guyana where it has a 30% stake in the Stabroek Block,...

Hess to acquire 15% interest in Kaieteur Block offshore Guyana

Hess Corporation (NYSE: HES) said on Thursday that its subsidiary, Hess Guyana (Block B) Exploration Limited, had reached agreement with Esso Exploration and Production Guyana...

Hess reports US$106M net loss; Guyana remains shining light in company’s...

Hess Corporation (NYSE: HES) on Wednesday reported a net loss of $106 million, or $0.38 per common share, in the first quarter of 2018,...

Hess planning ‘investor day’ for Guyana oil bonanza

Hess Corporation continues to be encouraged by positive results coming out of Guyana where, in partnership with CNOOC Nexen and the operator - ExxonMobil...

Hess moves to buy back US$1B in shares as Guyana gets...

Hess Corporation said on Thursday that its Board of Directors has authorized the purchase of $1.0 billion of Hess common stock by the end of 2018. The...

Aker Energy buys Hess Ghana business, expects first oil in 2021

Norwegian billionaire Kjell Inge Roekke’s Aker Energy plans “significant” oil exploration and production in Ghana after a $100 million deal to buy Hess Corporation’s...

2018 E&P Budget: Hess allocates hundreds of millions for exploration, development...

Hess Corporation (NYSE:HES) today announced its 2018 E&P capital and exploratory budget will be $2.1 billion, the same as 2017. The 2018 budget allocates increased capital...

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...