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John Hess, Chief Executive Officer, presented at the Bank of America Merrill Lynch 2017 Global Energy Conference.

Hess announced today that it has completed the previously announced sale of its interests in offshore Equatorial Guinea to Kosmos Energy and Trident Energy for a total consideration of $650 million, effective January 1, 2017.

Hess Midstream COO John Gatling describes the benefits Hess and other Bakken producers have realized from the startup of the Johnson's Corner Header System, which delivers crude from McKenzie County in North Dakota to the Dakota Access Pipeline (DAPL).

Hess announced that it has completed the previously announced sale of its subsidiary Hess Norge, which owns interest in the Valhall and Hod fields in Norway, to Aker BP ASA for total proceeds of $2 billion, effective January 1, 2017.

Hess announced positive results from the Ranger-1 exploration well, which is the sixth significant oil discovery on the Stabroek Block, offshore Guyana, since 2015.

NEW YORK, January 11, 2018 -- Hess Corporation (NYSE: HES) announced today that it will hold a conference call on Monday, February 5, 2018 at 10 a.m. Eastern Standard Time to discuss its fourth quarter 2017 earnings release.

The Hess Bakken Facilities Construction Team has earned industry recognition for its extraordinary safety record.

NEW YORK, Jan. 31, 2018 -- Hess today announced its 2018 E&P capital and exploratory budget will be $2.1 billion, the same as 2017.

Hess today reported a net loss of $2,677 million, or $8.57 per common share, in the fourth quarter of 2017, compared with a net loss of $4,892 million, or $15.65 per common share, in the fourth quarter of 2016. Fourth quarter 2017 results reflect net after-tax charges totaling $2,373 million, including a non-cash accounting charge of $1,700 million to reduce the carrying value of Hess’ interests in the Stampede and Tubular Bells Fields in the Gulf of Mexico, as a result of a lower long-term crude oil price outlook.

Hess Corporation announced today that John Hess, Chief Executive Officer, will present at the Credit Suisse 23rd Annual Energy Summit in Vail on Wednesday, February 14 at 8:40 a.m. Mountain Time.

U.S. oil company Hess has started first production from its operated Stampede development in the Gulf of Mexico, reports Offshore Energy Today.