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US Oil Producer Hess Reportedly Cutting About 10% of Workforce

2020-08-15 00:30:00| OGI

Hess, which had about 1,770 employees as of Dec. 31, dismissed about 165 full-time workers this week and terminated an undisclosed number of contract employees, according to people familiar with the matter.

Tags: of oil cutting producer

 

Hess Reports Discovery of High-quality Reservoirs Offshore Guyana

2020-07-29 20:51:11| OGI

The Yellowtail wells and upcoming Redtail well will form the basis of another FPSO development, executives say.

Tags: reports discovery guyana offshore

 
 

Hess Posts Smaller-Than-Expected Loss on Higher Output, Lower Costs

2020-07-29 15:53:53| OGI

U.S. oil and gas producer Hess Corp. reported a smaller-than-expected quarterly loss on July 29, as higher output and lower costs helped offset a plunge in oil prices due to the coronavirus crisis, sending its shares 3% higher.

Tags: posts lower costs higher

 

Hess Midstream Defers Tioga Gas Plant Maintenance Turnaround to 2021

2020-07-20 16:14:18| OGI

The company said the safety of its workforce and the communities where it operates is its top priority.

Tags: maintenance gas plant turnaround

 

Hess Posts Quarterly Loss, Deepens Spending Cuts on Virus-fueled Oil Rout

2020-05-07 15:11:17| OGI

U.S. crude collapsed this year, and remains down about 60% from January despite a recent rally.

Tags: posts loss oil spending

 

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