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Hess Corporation's Guyana project is set to add a fourth platform. The arbitration decision, expected a few months after late May, could reassess Hess's value. Hess' earnings growth is driven by the Guyana project's expansion.
Top U.S. oil producer Exxon Mobil and Hess will meet face-to-face on Monday in a court hearing to determine the fate of Chevron's $53 billion deal to buy Hess and with it a prized stake in Guyana's prolific oilfields.
U.S. shale producer Continental Resources has filed a lawsuit against Hess Corp alleging that it was defrauded out of up to $69 million through a series of deals the well operator conducted with its subsidiaries.
NEW YORK--(BUSINESS WIRE)--Hess Announces Regular Quarterly Dividend On Common Stock.
HOUSTON--(BUSINESS WIRE)--HESS MIDSTREAM LP TO PARTICIPATE IN MAY AND JUNE CONFERENCES.
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Hess Midstream insiders continue to sell significant shares. Chevron's future actions regarding Hess Midstream shares remain unclear. Hess Corporation reports minimal North American profits. This situation needs fixing. How it affects the relationship with the midstream company remains unclear.
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Chevron Corp. Chief Executive Officer Mike Wirth says the oil and gas giant had a very strong quarter even though oil prices were flat. Wirth says the company is ramping up production in the Gulf of America and he expects to see great output.
The Paris-based International Chamber of Commerce has scheduled a hearing in Exxon Mobil's arbitration dispute over rival Chevron's planned acquisition of oil producer Hess for May 26, according to two sources familiar with the matter.