HES exits Suriname's offshore Block 59, capping years of risky exploration after XOM and EQNR pulled out earlier.

U.S. oil producer Hess Corp has decided to withdraw from Suriname's offshore Block 59, the South American nation's state oil ...

U.S. oil producer Hess Corp has decided to withdraw from Suriname's offshore Block 59, the South American nation's state oil ...

Hess decided to discontinue Block 59 exploration after failing to bring in new partners following Equinor and ExxonMobil's ...

Suriname’s state-owned oil company and market regulator Staatsolie said Hess fulfilled its minimum work obligations but has ...

Hess Corp, a U.S. oil company, has decided to withdraw its offshore Block 59 in Suriname, said the South American nation’s state oil firm Staatsolie on Tuesday.

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Economist Michael Ash shares new data on racial disparities in the industry — a major purveyor of environmental racism.

Exxon Mobil Corp. late Monday warned investors that its second-quarter profit may take a hit of more than $1 billion from lower crude prices, and just under $1 billion from lower natural-gas prices.

ExxonMobil expects lower oil and gas prices to dent its second-quarter earnings. The oil company said declining liquids prices, which include crude oil and condensate oil, could decrease its upstream ...