Exxon is claiming a right of first refusal on Hess' assets in Guyana under an agreement that governs a consortium developing the country's oil resources. Chevron has rejected Exxon's claims that ...

Oil spills also are a concern for oil firms operating offshore, like Hess. Though the probability of a spill is very small, a devastating accident like the BP Macondo disaster in 2010 could have a ...

Guyana’s oil output dropped 11% in the third quarter as Exxon Mobil Corp. temporarily shut down two of its three production vessels to connect a new gas-to-shore pipeline. Hess Corp., which has ...

Hess’ ongoing trend of rapid output growth from Guyana continued in the third quarter. Guyana net production clocked in at 170,000 barrels of oil per day (bopd), up 57% from 108,000 bopd in the ...