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Tag Archives: Hess Corp.

Hess Corp reports bigger 4Q loss amid oil slump

NEW YORK — Hess, which announced a 40 percent cut in capital expenditures for 2016 this week, promised even deeper cuts Wednesday after reporting worse-than expected losses in the fourth quarter with crude prices hovering around $30 per barrel. The New York company reported a loss of $1.82 billion, or $6.43 per share, in its fourth quarter, compared with a ...

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Steinitz tells US energy cos about Israel’s potential

In parallel to efforts to pass the gas roadmap agreement, attempts are also continuing to encourage other gas companies to invest in Israeli drilling and energy production. As part of these efforts Minister of National Infrastructure, Energy, and Water Resources Yuval Steinitz held marathon talks last week in Washington and mainly Houston with US energy companies. The first company he ...

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Hess Corp. reveals toy truck for 2015

The Hess Corp. gas station franchise might be a thing of the past, but the company’s traditional holiday toy truck has drawn as much buzz as ever from the toys’ loyal fanbase. “Oh goodygoodygoodygoody! [sic]” one commenter wrote on the company’s Facebook post announcing the reveal date. “I WANT MY HESS TRUCK!” And boy, did Hess deliver. On Monday, the ...

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Hess Corp. eyeing Watford City for potential field office

WATFORD CITY, N.D. — Hess Corp. is eyeing Watford City to possibly open a field office should oil prices recover. Hess spokeswoman Maria Effertz-Hanson tells The Williston Herald the company has already looked at office space in Watford City. The oil company moved its headquarters from Williston to Minot in 2009. However, Watford City Mayor Brent Sanford says the city ...

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North Dakota set to extend deadline for gas flaring rules

BISMARCK, N.D. – North Dakota is poised to give the energy industry up to two extra years to curb the amount of natural gas burned off at oil wells, a move that would ease worries pipeline construction delays make it impossible to meet aggressive flaring standards. Governor Jack Dalrymple and the two other members of the North Dakota Industrial Commission ...

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