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HomeHess

Hess

AI

For the 18th time, Sanctions Don’t Work!

July 21, 2025 Andy Del Prado

Daily Standup Top Stories Natural Gas Has Achieved Dominance and Is No Longer a Bridge Fuel July 20, 2025 Clark Savage In the evolving global energy landscape, natural gas has undergone a profound transformation. Once positioned […]

Chevron
Finance

Chevron closes Hess acquisition after winning Exxon legal battle

July 18, 2025 Mariel Alumit

HOUSTON, July 18 (Reuters) – Chevron (CVX.N) closed its $55 billion acquisition of Hess (HES.N) on Friday after winning a landmark legal battle against larger rival Exxon Mobil (XOM.N) to gain access to the largest […]

Exxon
Big Oil Companies

$53 Billion Guyana Oil Clash Heads to London Tribunal

May 24, 2025 Clark Savage

ENB Pub Note: We will cover this issue on Tuesday’s Energy News Beat daily show. The history and information on Guyana’s oil reserves are on top, followed by the Oilprice.com information on the bid for […]

Perdana Petroleum
Press

Perdana Petroleum wins two three-year AHTS deals from Hess

April 10, 2025 Stu Turley

Malaysian offshore marine support services firm Perdana Petroleum has won contracts for the charter of two AHTS vessels. The company will provide two AHTS vessels, along with crews and equipment, to perform the scope of […]

Big Oil Companies

Chevron struggles to replace oil, gas reserves amid Hess deal limbo

February 17, 2025 Clark Savage

(Reuters) Chevron’s oil and gas reserves have fallen to the lowest point in at least a decade, highlighting the importance of the U.S. major’s planned acquisition of oil producer Hess that has stalled due to […]

Chevron
Big Oil Companies

FTC bars Hess CEO from joining Chevron board following $53 billion deal on OPEC collusion accusations

October 1, 2024 Mariel Alumit

(Bloomberg) – U.S. regulators will allow Chevron to move forward with its $53 billion acquisition of Hess but are barring Chief Executive Officer John Hess from joining the supermajor’s board, saying he improperly communicated with […]

US shale producers
Political

Baltimore alleges in lawsuit that US shale producers fixed fuel prices

August 28, 2024 Mariel Alumit

The city of Baltimore accused major US shale oil producers of conspiring to lower production and boost petroleum product prices in a proposed federal class action lawsuit. The suit was filed Aug. 24 in the […]

Crude Oil News

Deal Spotlight Episode #8: Devon + Grayson Mill

July 25, 2024 Mariel Alumit

Another week, another deal! Grayson Mill finally decided to divest after floating out in mid-January that they were looking at an exit, and EnCap got everything they wanted! John Ferrell (CEO and Co-Founder of Well […]

Transocean
Crude Oil News

Transocean drillship staying on Gulf of Mexico duty with US oil & gas firm for another year

June 26, 2024 Mariel Alumit

Switzerland-based offshore drilling contractor Transocean has tucked a multi-million contract extension in the U.S. Gulf of Mexico under its belt for an ultra-deepwater drillship employed by Hess Corporation, a U.S.-based oil and gas player. Set to […]

Goldman Sachs
Finance

Hess CEO Joins Goldman Sachs Board as Independent Director

June 26, 2024 Mariel Alumit

Goldman Sachs Group Inc. has appointed John B. Hess as an independent director of its board with effect from June 24. Hess will serve on the board’s compensation, governance, and risk committees, Goldman Sachs said […]

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