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Hess Corp

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  • DICKINSON, N.D., Sept 24- Crude oil would cost at least $150 a barrel due to supply disruptions in the Middle East and North Africa were it not for rising production in North Dakota and Texas, U.S. Energy Information Administration chief Adam Sieminski said in an interview on Wednesday.

  • BISMARCK, North Dakota, Sept 23- Hess Corp and other major North Dakota oil producers told the state's top energy regulators on Tuesday that existing field practices used to prepare Bakken crude for rail transport are safe, and tighter standards could do more harm than good.

  • Sept 18- The mothballed Hovensa refinery, once the largest in the Western hemisphere, could be the latest "zombie refinery" to come back to life, revived by the U.S. shale boom.

  • Why US needs to repeal oil export ban: Hess CEO Monday, 15 Sep 2014 | 12:01 PM ET
    Pump jacks and wells on the Monterey Shale formation in California

    Lifting the 1970s ban on crude exports would go a long way to reducing energy prices and increasing jobs in the U.S., the CEO of Hess tells CNBC.

  • Time to repeal crude oil ban: Hess CEO     Monday, 15 Sep 2014 | 7:31 AM ET

    John Hess, Hess CEO, discusses the benefits of exporting America's oil. And Sen. Heidi Heitkamp, (D-N.D.), shares her thoughts.

  • Midday movers: Caterpillar, RadioShack, Tiffany & more Wednesday, 10 Sep 2014 | 1:31 PM ET

    Some of Wednesday's midday movers:

  • HOUSTON, Sept 8- In June 2013, activist investors got the board of SandRidge Energy Inc to fire its CEO Tom Ward, arguing that he had mismanaged the Oklahoma City company and destroyed billions in shareholder value.

  • Inside North Dakota's latest fracking problem Friday, 22 Aug 2014 | 8:00 AM ET
    Oil rig workers drill into the Bakken shale formation outside Watford City, N.D.

    As regulators crack down on natural gas flaring in North Dakota, energy companies are scrambling to meet the rules.

  • BENGHAZI, Libya, Aug 20- Libya has restarted oil exports from its biggest port for the first time since the end of a year-long blockade, a boost to the central government which is struggling with a wave of clashes in the capital. A tanker has docked at Es Sider and begun loading 600,000 barrels of oil, said Mohamed El Harari, spokesman for state-run National Oil Corp.

  • Kinder deal shows strength of energy partnerships Monday, 11 Aug 2014 | 1:00 PM ET
    Crews from Enbridge Energy Partners inspect a crude oil pipeline in Thief River Falls, Minnesota.

    Kinder's $44 billion deal isn't part of a trend, but the basic story behind infrastructure as a play on energy is very much intact.

  • LONDON, Aug 11- U.S. oil producer Hess Corp has suspended oil-drilling operations in Iraqi Kurdistan and started to evacuate non-essential staff amid spreading violence in the region, its minority partner Petroceltic said.

  • HOUSTON, Aug 1- An asphalt maker in New Jersey became the second U.S. company to publicly confirm buying Kurdish crude oil, saying on Friday it had imported a cargo just weeks before an Iraqi lawsuit over a separate $100 million shipment offshore Texas.

  • NEW YORK/ HOUSTON, July 31- Chemicals firm LyondellBasell, part of Ukrainian-born billionaire Leonard Blavatnik's business empire, said it will quit buying "disputed" oil from Iraq- one day after Reuters identified it as the mystery American importer of Kurdish crude.

  • NEW YORK/ HOUSTON, July 31- Chemicals firm LyondellBasell, owned by Ukraine- born billionaire Leonard Blavatnik, has emerged as the mystery American buyer of Kurdish crude oil this year, but said on Thursday it will not be buying any more due to an ownership dispute.

  • July 31- Marathon Petroleum Corp, the third-largest standalone U.S. refining company, said its quarterly profit rose 44 percent, helped by higher crude refining margins on the Gulf of Mexico coast.

  • LONDON, July 31- British utility Centrica posted a 35 percent fall in operating profit for the first half of the year as a mild winter in its home market led to reduced energy demand and extreme weather in North America increased costs. Centrica made 1.032 billion pounds in operating profit, down from 1.583 billion a year earlier, it said on Thursday.

  • NEW YORK, July 30- Chemicals firm LyondellBasell, owned by Ukraine- born billionaire Leonard Blavatnik, appears to be the mystery American buyer of two cargoes of Kurdish crude delivered in May, according to U.S. government data and industry sources.

  • Midday movers: Hess, Twitter, Valero Eneregy & More Wednesday, 30 Jul 2014 | 12:14 PM ET

    Some of Wednesday's midday movers:

  • July 30- Hess Corp said on Wednesday it would form a master limited partnership for its North Dakota oil and natural gas storage facilities and processing plants, taking advantage of a key financial trend in the energy sector to generate cash.

  • July 30- Oil and natural gas producer Hess Corp said it plans to form a publicly traded master limited partnership comprising its pipeline and storage assets in North Dakota's Bakken oil shale field. Hess said it expected the MLP to file a registration statement with the U.S. Securities and Exchange Commission in the fourth quarter.