HESS CORPORATION

Hess Corporation (USA)

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Hess corporation is an American energy company engaged in the exploration and production of crude oil and natural gas. In 2014, it completed a multi-year transformation generating approximately $13 billion from sales.

Hess corporation sold its gas station network to Marathon petroleum, natural gas and electricity marketing business to Direct Energy and closed its refineries in NJ and St. Croix USVI (Hovensa JV with PDVSA). Later on it  also sold it’s 50% interest in Oaktree capital.

Today, the company has exploration and production operations both on-shore (in United States and Libya) and off-shore (mainly in Canada and South America).

 

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