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OUR COMPANY
Hess Corporation is a leading, global energy company that explores for, produces, purchases, transports and sells crude oil and natural gas. These activities occur in the United States, the United Kingdom, Norway, Denmark, Russia, Equatorial Guinea, Egypt, Algeria, Gabon, Libya, Indonesia, Thailand, Azerbaijan, and Malaysia.
The Company also manufactures, purchases, trades and markets refined petroleum products, natural gas and electricity. Our customers are the motoring public on the East Coast of the United States, wholesale distributors of oil and natural gas, industrial and commercial users, other petroleum companies, governmental agencies and public utilities.
To help supply the energy needs of these customers, the Company owns 50 percent of the HOVENSA joint venture in the U.S. Virgin Islands, one of the world’s largest refineries. Additionally, the Company owns and operates a fluid catalytic cracking facility in Port Reading, New Jersey that manufactures gasoline and heating oil. Our supply operation includes 22 storage terminals with a capacity of 22 million barrels.
The Company is a significant retail operator through its network of 1,354 Hess gasoline stations and Hess Express convenience stores along the East Coast from Massachusetts to Florida.
Hess Corporation is also a joint venture partner in other energy related businesses, including a 50 percent interest in Hess LNG, which is pursuing investments in liquefied natural gas (LNG) terminals and related supply, trading and marketing opportunities; a 50 percent voting interest in
a consolidated partnership that trades energy commodities and derivatives, in which the Company takes trading positions for its own account; and a significant investment in Nuvera Fuel Cells, Inc., engaged in the development of fuel cells for automotive use and electric generation.
Additionally, Hess Microgen provides distributed electricity generating equipment to industrial and commercial customers as an alternative to purchasing electricity from local utilities.
SCOPE OF REPORT
This report covers the principal facilities and assets operated by Hess Corporation and its subsidiaries. Information and data pertaining to HOVENSA is also available in this report. Data from new assets are included in this report but may be reported separately from company totals. Emission data and other environmental metrics refer to gross figures from operated facilities. Company baselines used for assessing performance against targets have been adjusted to reflect material changes from acquisitions or divestitures.
This report does not include data on oil and gas fields or marketing sites in which the Company has an equity interest but which are operated by other companies.
The format of this report follows the framework of the Global Reporting Initiative (GRI). However, gaps may exist where GRI reporting requirements are not applicable or are not reported for Hess operations.
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