Saturday, 18 January 2025

Focus on Hess Corporation

Chevron and Hess logos are seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
FuelLegislationNatural GasNewsOilTrade

US FTC finalizes consent order for $53 billion Chevron-Hess merger

The U.S. Federal Trade Commission approves a consent order to resolve antitrust issues in Chevron's $53B Hess takeover.

News Release

Hess Midstream LP Announces Signing of Accretive $100 Million Sponsor Unit Repurchase

HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream”), today announced the execution of a definitive agreement providing for the repurchase of approximately...

FILE PHOTO: Vessels carrying supplies for an offshore oil platform operated by Exxon Mobil are seen at the Guyana Shore Base Inc wharf on the Demerara River, south of Georgetown, Guyana January 23, 2020. REUTERS/Luc Cohen/File Photo
BusinessFuelNewsOilTrade

Guyana oil exports jump, gain Europe market share in 2024

Guyana's oil gains favor in Europe as many refiners avoid sanctioned Russian crude and seek alternative supplies.    

FILE PHOTO: CEO of Hess Corporation, John B. Hess speaks during the Energy Asia conference in Kuala Lumpur, Malaysia June 26, 2023. REUTERS/Hasnoor Hussain/File Photo
BusinessEconomyNewsOilTrade

Hess CEO upbeat on oil demand, says Guyana’s potential barely scratched

Hess CEO John Hess sees a nearly balanced oil market with strong shale and Guyana prospects, yet warns of potential volatility ahead.

News Release

Expion360 to Begin Shipping e360 Home Energy Storage Solutions to Integration Partner Wellspring Solar

REDMOND, Ore., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Expion360 Inc. (Nasdaq: XPON) (“Expion360” or the “Company”), an industry leader in lithium-ion battery power storage...

News Release

Jewish Solar Challenge Announces 2024 Grant Winners

$318,000 Awarded to Seven Jewish Organizations Around the WorldLOS ANGELES, Dec. 16, 2024 (GLOBE NEWSWIRE) -- The Jewish Solar Challenge (JSC) is excited...

News ReleaseNews

Hess Midstream LP Publishes Sustainability Report

HOUSTON--(BUSINESS WIRE)--Hess Midstream LP (NYSE: HESM) today announced publication of its 2023 Sustainability Report as part of its commitment to transparency about environmental,...

FILE PHOTO: The logo of American multinational oil and gas corporation ExxonMobil is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessCarbon ManagementNatural GasNewsOilRegulations

Exxon talks continue on shallow-water block in Guyana auction, company says

Exxon, Hess, and CNOOC continue talks with Guyana on shallow-water block S8 amid earlier auction withdrawal confusion.

FILE PHOTO: Exxon Mobil’s new headquarters are seen under construction in Georgetown, Guyana, February 18, 2024. REUTERS/Sabrina Valle/File Photo
BusinessCarbon ManagementNatural GasNewsOil

Exxon Mobil pulls out of talks with Guyana over shallow water oil block

Exxon exits Guyana talks on shallow-water block S8, citing plans for carbon capture; Hess and CNOOC’s involvement remains unclear.

News ReleaseNews

SBM Offshore completes US$1.5 billion financing of Jaguar

Amsterdam, November 21, 2024 SBM Offshore announces it has completed the project financing of FPSO Jaguar for a total of US$1.5 billion.  The...

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