RSS

Hess Corp

Hess Corp

Copyright: 123RF Stock Photo

Hess Corporation announced that it has completed the previously announced sale of its joint venture interests in the Utica shale play in eastern Ohio to Ascent Resources – Utica. more

M&A/Investment

Hess Corporation announced that it has entered into an agreement to sell its joint venture interests in the Utica shale play in eastern Ohio to Ascent Resources – Utica, LLC. more

M&A/Investment

The message could not be clearer: Worldwide investment in oil and gas is insufficient to meet demand growth and supply demands. more

Refining/Petrochemical

John Hess, Chief Executive Officer of the Hess Corporation, believes the “real impact” of a three-year bear market and low oil prices of $40 to $50 per barrel, is reflected by worldwide oil and gas investment that is insufficient to meet demand growt more

Refining/Petrochemical

Hess has been recognized for climate change stewardship, achieving leadership status..., DOT issued a final rule expanding the department's drug testing panel..., State officials presented Domtar's Kingsport mill with a top safety award... more

Health, Safety & Environmental

Hess Midstream Partners announced the formation of a 50/50 joint venture with Targa Resources Corp. to construct a new 200 million standard cubic feet per day gas processing plant called Little Missouri Four (“LM4”). more

Midstream

Hess Corp

Copyright: 123RF Stock Photo

Hess Corp. is cutting roughly 13 percent of its workforce and streamlining operations as it battles an activist hedge fund shareholder pushing for the U.S. oil and gas producer to post its first quarterly profit since 2014. more

Drilling & Exploration

Shell Enchilada

Advocate map

Three offshore oil workers filed a lawsuit against units of Royal Dutch Shell and Enbridge, seeking $1 million in damages for injuries they allegedly received during a Nov. 8 fire on a U.S. Gulf of Mexico production platform. more

Offshore & Marine

Hess Corp

Copyright: 123RF Stock Photo

U.S. oil and gas producer Hess Corp said on Monday it had halted production at its Baldpate, Conger and Penn State fields due to a fire at Royal Dutch Shell’s Enchilada platform in the Gulf of Mexico more

Emergency Response & Fire Rescue/Security

Industry Report Subscription