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US Shale Producer Hess Sees Underinvestment Risk Ahead in Tighter Oil Market
2021-09-27 11:20:00| OGI
The biggest wildcard is global upstream oil investment, which has slumped from $650 billion before the COVID-19 pandemic to around $300 billion, Hess President Greg Hill says.
Hess CEO Says Energy Transition Will Take Time, Cost a Lot of Money
2021-09-10 22:00:00| OGI
As the world transitions toward a low-carbon future, oil and gas companies must invest in high-return, low-cost opportunities, said John Hess, CEO of U.S oil major Hess Corp.
Hess Completes $150 Million Sale of Interests in Denmark
2021-08-30 15:20:58| OGI
Hess Corp. has completed the sale of its subsidiary Hess Denmark ApS, which holds a 61.5% interest in the South Arne Field, to Ineos E&P AS for a total consideration of $150 million.
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denmark
Hess Expects US Shales Return to Pre-COVID Levels to Take Several Years
2021-07-28 23:15:00| OGI
Hess plans to add one rig in North Dakotas Bakken Shale in September and also said it expects net output in 2021 to be at the upper end of its previous forecast range.
Tags: years
return
levels
expects
Hess to Add Rig in Bakken Basin, Beats Profit Estimates
2021-07-28 15:32:31| OGI
U.S. oil producer Hess Corp. said on July 28 it planned to add a rig in North Dakota's Bakken basin in September, after topping estimates for second-quarter profit on a rebound in crude prices.
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