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Hess Corp. news and technical articles from Oil & Gas Financial Journal. Search Hess Corp. latest and archived news and articles
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PetroChina discussing shale JV with Shell and Hess
… which recently surpassed ExxonMobil as the world’s largest energy producer, is in talks with Royal Dutch Shell PLC and Hess Corp ., about forming a joint venture to develop shale oil in the Santanghu Basin in northwestern Xinjiang province, according …
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Hess increases stakes offshore Norway
Hess Corp . has exercised its right to pre-empt Total's sale to BP of its interests in a pair of Norwegian North Sea offshore fields …
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Hess acquires additional Bakken acreage for $1.05 billion
Hess Corp . said Dec. 29 that it has completed the acquisition of 167,000 net acres in the Bakken oil shale play in North Dakota from …
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Hess earmarks majority of $3.9B budget for E&P
Hess Corp .’s $3.9 billion capital and exploratory budget for 2010 is earmarked almost entirely for exploration and production: $2 …
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Newfield, Hess partner to explore Marcellus
… Woodford, Newfield expands to white-hot Marcellus Mikaila Adams OGFJ Associate Editor Newfield Exploration Co. and Hess Corp . have signed a joint exploration agreement in the Marcellus Shale play. The agreement covers up to 140,000 gross acres …
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Shell, Hess swap stakes in North Sea, West Africa
… to consolidate its exploration and production portfolio in the North Sea and West Africa, Shell has agreed to acquire Hess Corp .'s entire upstream portfolio in Gabon and its interest in the Clair field, which lies in British waters west of the …
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M&A activity contracts in Q1 as natural gas deals dry up
… included Shell's first ever shale gas production sharing contract and Shell's shale oil exploration agreement with Hess Corp . African discoveries attract attention News of commercial discoveries across much of Africa continued to flow during …
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Revenue rises 23% from 3Q10, income up 41% over same period
… Concho Resources, No. 18 Denbury Resources, and No. 20 Hess Corp . And eight new companies joined the top 20 - No. 11 Consol ..... reported increases over the previous quarter. Those five are Hess Corp . ($9.7 billion in revenue); Anadarko ($3.5 billion …
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Weekly Update: ExxonMobil makes dramatic entry into Kurdistan
… oil company to existing explorers, Hess Corp ., Marathon Oil and Talisman Energy ..... the Iraqi government in Baghdad. Hess Corp . was the last major US company to ..... difference between the situations of Hess Corp . and ExxonMobil is that Hess had …
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CONSOL, Hess close on Ohio Utica Shale deal
… 594 million. In the transaction, Hess Corp . acquired a 50% interest in nearly ..... was paid at closing. CONSOL and Hess Corp . have entered into a joint development agreement pursuant to which Hess Corp . will pay approximately $534 million …