Hess Corp

Marathon Oil plans to sell shares through public offering

Marathon Oil announced its intention to sell 135 million of common shares through a public offering. The ongoing slump in the global oil industry has led many oil firms to undertake the cost-cutting strategy to keep hold of their cash level.

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Hess Corp to sell storage terminal network

According to a Reuters report, Hess Corp had planned to sell its storage terminal network valued USD850 to Buckeye Partners LP.

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Hess Corp and Newfields Exploration Co get offers for Asian assets

Hess Corp and Newfields Exploration Co receive substantial offers for Asian assets.

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Hess to Start Sale Process for Oil-Terminal Network

Hess Corp started the sale of its oil terminal as the company seeks to receive US$1 billion for the asset.

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Energy firms cut back on far flung oil field stakes

Hess Corp and Newfield Exploration to do auctions of oil and gas assets located overseas.

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