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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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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.
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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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