Hess Corp (HES.N)
- Oil and natural gas producer Hess Corp said it would sell half of its Bakken midstream assets to private equity firm Global Infrastructure Partners for $2.68 billion and form a joint venture.
* Hess shares rise as much as 6.5 pct (Adds analyst comment, valuation details; updates shares)
June 11 - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Thursday:
June 11 - Oil and natural gas producer Hess Corp said it will sell half of its Bakken midstream assets to Global Infrastructure Partners for $2.68 billion.
NEW YORK, May 26 (IFR) - A rally in oil prices that has pushed WTI spot levels above US$60 has drawn a spate of hedging activity as producers look to lock in 2016 cashflows.
WILLISTON, N.D., May 6 - A BNSF train that derailed in central North Dakota on Wednesday was carrying railcars owned by Hess Corp, 10 of which caught fire and forced the evacuation of a nearby town, the oil producer told Reuters late Wednesday.
WILLISTON, N.D., April 29 - Oil and natural gas producer Hess Corp posted a quarterly loss on Wednesday that beat Wall Street's expectations, as cost cuts helped offset plunging crude oil prices .
* CEO John Hess says re-negotiations with 100 top contractors helped save $550 million so far this year
April 29 - Oil and natural gas producer Hess Corp reported a quarterly loss on Wednesday as plunging crude oil prices eroded profitability and offset a production spike.
NEW YORK - World oil prices could be $5 to $15 a barrel lower than forecast next year if oil-related sanctions against Iran are lifted, the U.S. government's energy agency said on Tuesday.