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Tag: John Hess

Hess CEO to Participate in Goldman Sachs Global Conference
Guyana Latin America and the Caribbean North America USA

Hess CEO to Participate in Goldman Sachs Global Conference

ENERGY ANALYTICS INSTITUTE (EAI)19 December 20224 January 2023
(Hess, 19.Dec.2022) — Hess Corporation (NYSE: HES) announced that John Hess, Chief Executive Officer, will participate in a Fireside Chat at the Goldman Sachs Global Energy and Clean Technology Conference on 5 January 2023 at 10:20 a.m....
Hess and Guyana’s Gov’t Announce REDD+ Carbon Credits
Guyana Latin America and the Caribbean

Hess and Guyana’s Gov’t Announce REDD+ Carbon Credits

ENERGY ANALYTICS INSTITUTE (EAI)2 December 20224 December 2022
(Hess, 2.Dec.2022) — Hess Corporation (NYSE: HES) and the Government of Guyana today announced an agreement for Hess to purchase high quality carbon credits for a minimum of $750mn between 2022 and 2032 directly from...
Hess Announces Two More Discoveries Offshore Guyana
Guyana Latin America and the Caribbean

Hess Announces Two More Discoveries Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)26 October 202226 October 2022
(Hess, 26.Oct.2022) — Hess Corporation (NYSE: HES) today announced two new discoveries at the Yarrow-1 and Sailfin-1 wells on the Stabroek Block offshore Guyana. The discoveries, which are the eighth and ninth...
Hess Corp. Reports Estimated 1Q:22 Results [PDF Downloads]
Guyana Latin America and the Caribbean North America USA

Hess Corp. Reports Estimated 1Q:22 Results [PDF Downloads]

ENERGY ANALYTICS INSTITUTE (EAI)27 April 202227 April 2022
(Hess, 27.Apr.2022) — Hess Corporation (NYSE: HES) reported net income of $417mn, or $1.34 per share, in the first quarter of 2022, compared with net income of $252mn, or $0.82...
Hess Reveals Three New Finds Offshore Guyana, Boosts Resource Estimate
Guyana Latin America and the Caribbean

Hess Reveals Three New Finds Offshore Guyana, Boosts Resource Estimate

ENERGY ANALYTICS INSTITUTE (EAI)26 April 202227 April 2022
(Hess, 26.Apr.2022) — Hess Corporation (NYSE: HES) announced an increase in the gross discovered recoverable resource estimate for the Stabroek Block offshore Guyana to approximately 11 billion barrels of oil equivalent, up from...
Hess Starts Production from Liza Phase 2 Development, Offshore Guyana
Guyana Latin America and the Caribbean

Hess Starts Production from Liza Phase 2 Development, Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)11 February 202216 February 2022
(Hess, 11.Feb.2022) — Hess Corporation (NYSE: HES) announced startup of production from the Liza Phase 2 development on the Stabroek Block offshore Guyana, utilizing the Liza Unity floating production, storage and offloading...
Hess Reports 4Q:21 Results, Updates on Guyana [PDF Download]
Guyana Latin America and the Caribbean North America USA

Hess Reports 4Q:21 Results, Updates on Guyana [PDF Download]

ENERGY ANALYTICS INSTITUTE (EAI)26 January 20226 March 2022
(Hess, 26.Jan.2022) — Hess Corporation (NYSE: HES) reported net income of $265mn, or $0.85 per share, in the fourth quarter of 2021, compared with a net loss of $97mn, or...
Hess Reports Two Finds Offshore Guyana
Guyana Latin America and the Caribbean

Hess Reports Two Finds Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)5 January 20225 January 2022
(Hess, 5.Jan.2022) — Hess Corporation (NYSE: HES) announced two significant discoveries at the Fangtooth-1 and Lau Lau-1 wells on the Stabroek Block offshore Guyana. These discoveries will add to the block’s previously announced...
Hess Updates On Guyana Activities
Guyana Latin America and the Caribbean

Hess Updates On Guyana Activities

ENERGY ANALYTICS INSTITUTE (EAI)27 October 202128 October 2021
(Hess, 27.Oct.2021) — At the Stabroek Block (Hess – 30%), the corporation’s net production from the Liza Field was 32,000 bopd in the third quarter of 2021 compared with 19,000...
Hess Boosts Resource Estimate for Stabroek Block
Guyana Latin America and the Caribbean

Hess Boosts Resource Estimate for Stabroek Block

ENERGY ANALYTICS INSTITUTE (EAI)7 October 202112 October 2021
(Hess, 7.Oct.2021) — Hess Corporation (NYSE: HES) announced an increase in the gross discovered recoverable resource estimate for the Stabroek Block offshore Guyana to approximately 10 billion barrels of oil equivalent,...
Hess Corp.’s Transcript For Its 2Q:21 Results Call
Guyana Latin America and the Caribbean

Hess Corp.’s Transcript For Its 2Q:21 Results Call

ENERGY ANALYTICS INSTITUTE (EAI)28 July 202130 July 2021
(Seeking Alpha, 28.Jul.2021) — The earnings call transcript from Hess Corporation’s (NYSE:HES) second quarter 2021 earnings conference call on 28 July 2021. Corporate Participants Jay Wilson - VP, Investor Relations...
Hess Reveals Oil Find At Whiptail-1
Guyana Latin America and the Caribbean

Hess Reveals Oil Find At Whiptail-1

ENERGY ANALYTICS INSTITUTE (EAI)28 July 202129 July 2021
(Hess, 28.Jul.2021) — Hess Corporation (NYSE: HES) announced a significant oil discovery on the Stabroek Block offshore Guyana at Whiptail. The Whiptail-1 well encountered 246 feet (75 meters) of net...
Hess Corp. Sets New Emission Reduction Targets
North America USA

Hess Corp. Sets New Emission Reduction Targets

ENERGY ANALYTICS INSTITUTE (EAI)21 July 202130 July 2021
(Hess, 21.Jul.2021) — Hess Corporation announced publication of its 24th annual sustainability report, which provides a comprehensive review of the company’s strategy and performance on environmental, social and governance (ESG)...
Hess Reports Discovery At Longtail-3, Offshore Guyana
Guyana Latin America and the Caribbean

Hess Reports Discovery At Longtail-3, Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)9 June 20219 June 2021
(Hess, 9.Jun.2021) — Hess Corporation (NYSE: HES) announced a discovery offshore Guyana at the Longtail-3 well on the Stabroek Block. Drilling at Longtail-3 encountered 230 feet (70 meters) of net...
Hess Eyes Higher, New Nameplate Capacity At Liza Destiny FPSO
Guyana Latin America and the Caribbean

Hess Eyes Higher, New Nameplate Capacity At Liza Destiny FPSO

ENERGY ANALYTICS INSTITUTE (EAI)26 May 202131 May 2021
(Energy Analytics Institute, 26.May.2021) — The Liza Destiny floating production storage and offloading (FPSO) unit offshore Guyana in the Stabroek Block is expected to shutdown briefly in November 2021 to...
Hess Corp. Reports 1Q:21 Results
Africa Egypt Guyana Latin America and the Caribbean North America USA

Hess Corp. Reports 1Q:21 Results

ENERGY ANALYTICS INSTITUTE (EAI)28 April 202128 April 2021
(Hess 28.Apr.2021) — Hess reported net income of $252mn, or $0.82 per common share, in the first quarter of 2021, compared with a net loss of $2,433mn, or $8.00 per...
Hess Finds Oil At Uaru-2, Offshore Guyana
Guyana Latin America and the Caribbean

Hess Finds Oil At Uaru-2, Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)27 April 202127 April 2021
(Hess, 27.Apr.2021) — Hess Corporation (NYSE: HES) today announced another oil discovery offshore Guyana at the Uaru-2 well on the Stabroek Block, which will add to the previously announced gross...
Hess Divest Interests In Denmark
Europe Guyana Latin America and the Caribbean

Hess Divest Interests In Denmark

ENERGY ANALYTICS INSTITUTE (EAI)18 March 202122 March 2021
(Hess, 18.Mar.2021) — Hess entered into an agreement to sell its subsidiary Hess Denmark ApS, which holds a 61.5% interest in the South Arne Field, to Ineos E&P AS for...
Hess Reports 4Q:20 Net Loss
Guyana Latin America and the Caribbean North America USA

Hess Reports 4Q:20 Net Loss

ENERGY ANALYTICS INSTITUTE (EAI)27 January 202127 January 2021
(Hess, 27.Jan.2021) — Hess Corporation reported a net loss of $97mn, or $0.32 per common share, in the fourth quarter of 2020, compared with a net loss of $222mn, or...
Hess Corp.’s 4Q:20 Earnings Call Transcript
Guyana Latin America and the Caribbean North America USA

Hess Corp.’s 4Q:20 Earnings Call Transcript

ENERGY ANALYTICS INSTITUTE (EAI)27 January 202129 January 2021
(Seeking Alpha, 27.Jan.2021) — A full transcript of the Hess Corporation4Q 2020 earnings conference call from 27 January 2021 at 10:00 am ET follows here. Executives Jay Wilson - VP,...
Hess Announces 2021 E&P CAPEX Of $1.9bn
Guyana Latin America and the Caribbean North America Suriname USA

Hess Announces 2021 E&P CAPEX Of $1.9bn

ENERGY ANALYTICS INSTITUTE (EAI)25 January 202125 January 2021
(Hess, 25.Jan.2021) — Hess today announced a 2021 Exploration & Production capital and exploratory budget of $1.9bn, of which more than 80% will be allocated to Guyana and the Bakken....
Hess CEO Eyes 10 FPSOs In The Stabroek Block
Guyana Latin America and the Caribbean

Hess CEO Eyes 10 FPSOs In The Stabroek Block

ENERGY ANALYTICS INSTITUTE (EAI)29 October 202029 October 2020
(Energy Analytics Institute, 29.Oct.2020) — Hess Corporation CEO John Hess announced estimated resources offshore Guyana in the Stabroek Block were approximately 9 billion barrels of oil equivalent, and potentially requiring...
Hess To Divest Interests In Shenzi Field, Gulf of Mexico
Latin America and the Caribbean

Hess To Divest Interests In Shenzi Field, Gulf of Mexico

ENERGY ANALYTICS INSTITUTE (EAI)5 October 20207 October 2020
(Hess, 5.Oct.2020) — Hess entered into an agreement to sell its 28% working interest in the Shenzi Field in the deepwater Gulf of Mexico to BHP Billiton, the field’s operator,...
Hess Sanctions Payara Development
Guyana Latin America and the Caribbean

Hess Sanctions Payara Development

ENERGY ANALYTICS INSTITUTE (EAI)30 September 202030 September 2020
(Hess, 30.Sep.2020) — Hess made a final investment decision to proceed with development of the Payara Field offshore Guyana after the development plan received approval from the government of Guyana....
Hess Corp. CEO John Hess Eyes Imminent Payara Deal
Guyana Latin America and the Caribbean

Hess Corp. CEO John Hess Eyes Imminent Payara Deal

ENERGY ANALYTICS INSTITUTE (EAI)9 September 202014 September 2020
(Energy Analytics Institute, 9.Sep.2020) — Hess Corporation CEO John B. Hess is optimistic the Guyanese government of new President Mohamed Irfaan Ali will give approval in coming weeks for the...
Hess Finds More Oil At Redtail-1, Yellowtail-2
Guyana Latin America and the Caribbean

Hess Finds More Oil At Redtail-1, Yellowtail-2

ENERGY ANALYTICS INSTITUTE (EAI)8 September 20208 September 2020
(Hess, 8.Sep.2020) — Hess announced another oil discovery offshore Guyana at the Redtail-1 well, the 18th discovery on the Stabroek Block, which will add to the previously announced gross discovered recoverable resource estimate...
Hess To Participate In Barclays CEO Conference
Guyana Latin America and the Caribbean North America USA

Hess To Participate In Barclays CEO Conference

ENERGY ANALYTICS INSTITUTE (EAI)4 September 20209 September 2020
(Hess Corp., 4.Sep.2020  — Hess announced that John Hess, Chief Executive Officer, will present at the Barclays CEO Energy-Power Conference in New York on 9 September 2020 at 8:25 a.m....
Hess Cuts CAPEX, Focuses On Guyana
Guyana Latin America and the Caribbean

Hess Cuts CAPEX, Focuses On Guyana

ENERGY ANALYTICS INSTITUTE (EAI)17 March 202019 March 2020
(WorldOil, 17.Mar.2020) — Hess Corporation announced a revised $2.2 billion capital and exploratory budget for 2020, an $800 million reduction from the previous budget of $3.0 billion. The company also...
Guyana Latin America and the Caribbean

Guyana’s Latest Discovery Similar To Nearby Liza, Hess Says

ENERGY ANALYTICS INSTITUTE (EAI)25 April 201926 April 2019
(Seeking Alpha, Carl Surran, 25.Apr.2019) — Hess says Guyana's latest offshore deepwater discovery contains oily fluids similar to those of the initial Liza discovery, which is being readied for first...
Guyana Latin America and the Caribbean

Hess, Exxon Mobil Prep For More Exploration Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)31 October 20182 November 2018
(Hart Energy, Velda Addison, Senior Editor, 31.Oct.2018) — Partners Exxon Mobil, Hess Corp. and CNOOC Nexen Petroleum are making progress toward development of the hydrocarbon bounty discovered offshore Guyana. “This...
Guyana Latin America and the Caribbean

Offshore Guyana Oil and Gas Potential is “Massive”

ENERGY ANALYTICS INSTITUTE (EAI)23 July 201826 July 2018
(UPI, Daniel J. Graeber, 23.Jul.2018) – The size of a reservoir off the coast of Guyana is "massive," the CEO of Hess Corp. said Monday after a multi-million barrel revision...
Hess Divest Interests In Equatorial Guinea
Africa Equatorial Guinea

Hess Divest Interests In Equatorial Guinea

ENERGY ANALYTICS INSTITUTE (EAI)23 October 20177 October 2020
(Hess, 23.Oct.2017) — Hess Corporation entered into an agreement to sell its interests in offshore Equatorial Guinea to Kosmos Energy and Trident Energy for a total consideration of $650mn, effective...

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Energy Analytics Institute’s SPonsor ADvertiser (SPAD) Promo Video

Chesapeake Utilities Establishes RNG Injection Point in Florida

Iran to Start Revamp at Venezuela’s Largest Refining Complex – Sources

Motiva Reports Operational Snag at Texas Oil Refinery

TotalEnergies Obtains Two CO2 Storage Licenses in the Danish North Sea

Ecopetrol, Frontera, Hocol, Tecpetrol and Cepsa on Blockades In Meta, Colombia

Touchstone Starts Operations at Royston-1X Sidetrack in Trinidad

Mobil Launches 50% Post-consumer Recycled Plastic Pails in India

Caribbean Seeks Venezuela’s Oil and Gas as U.S. Relaxes Sanctions

Sempra to Report 4Q:22 and FY:22 Earnings 28 Feb. 2023

Plenitude Inaugurates 263 MW Photovoltaic Plant in Texas

Petrobras on Nominations for the Executive Board

Energy Analytics Institute’s NRGBriefs: February 2023

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