Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. The company's mission is to responsibly deliver energy to the world while maintaining a commitment to sustainability and environmental stewardship. Hess Corporation's strategy focuses on high-quality resource development, operational excellence, and innovation in technology to enhance efficiency and reduce costs. With a diverse portfolio of assets in key regions, including the Bakken formation and offshore Guyana, Hess Corporation aims to drive long-term growth and create value for its shareholders while contributing to energy security.

HESS CORP

Chevron's $53 billion acquisition of Hess Corp. is a significant development in the energy sector, targeting enhancements in asset base and reserves amid dwindling oil and gas supplies. Hess holds a critical 30% stake in the Stabroek block offshore Guyana, known for substantial oil discoveries. However, this acquisition faces hurdles...

Chevron's $53 Billion Acquisition of Hess Affected by Arbitration Dispute with ExxonMobil and CNOOC Amidst Oil Production Expansion Plans in Guyana