Wednesday, 2 April 2025

Focus on Hess Corporation

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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
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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
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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.

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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...

FILE - In this photo provided by the U.S. Army National Guard, North Dakota National Guard soldiers and airmen work with the Department of Emergency Services to build a handline and conduct a controlled burn to prevent the further spread of a wildfire in Mandaree, N.D., Oct. 6, 2024. (Staff Sgt. Samuel J. Kroll/U.S. Army National Guard via AP)
EmissionsEnvironmentNatural GasNewsRegulations

Natural gas flares sparked two wildfires in North Dakota, state agency says

Natural gas flares at oil wells sparked two North Dakota wildfires earlier this fall, according to reports from the North Dakota Fire Marshal's...

FILE PHOTO: Mike Wirth, the CEO of Chevron Corporation, listens to a question from Daniel Yergin, the vice chairman of S&P Global, as top energy executives and officials from around the world gather during the CERAWeek 2023 by S&P Global, energy conference in Houston, Texas, U.S., March 6, 2023.  REUTERS/Callaghan O'Hare/File Photo
BusinessFuelNewsOil

Chevron CEO under pressure to halt share slide as Hess deal stalls

After years of outperforming rivals, Chevron and its CEO are now under pressure as the company's Hess purchase stalls.

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Hess Midstream LP Reports Estimated Results for the Third Quarter of 2024

HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream” or the "company") today reported third quarter 2024 net income of $164.7 million compared...

News Release

Chevron-Hess Merger Clears FTC Antitrust Review

SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) today announced the Federal Trade Commission (FTC) completed antitrust review of the company’s merger with Hess...

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

US FTC allows Chevron-Hess deal, bars John Hess from board

The FTC approved Chevron's $53 billion Hess acquisition, barring Hess's CEO from its board due to OPEC ties concerns.

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

FTC set to greenlight Chevron’s $53 billion buy of oil rival Hess: sources

The FTC is set to approve Chevron's $53 billion Hess acquisition, with Exxon’s challenge on Guyana assets as the final hurdle.

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