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A service for energy industry professionals · Thursday, July 7, 2022 · 580,214,020 Articles · 3+ Million Readers
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Hess Corporation News Monitoring

  • Published on 05:48 GMT

    Stabroek Block revenues for 2020-2021 pegged at $740.7B

    Jul 07, 2022 News – earnings more than Guyana’s national budgets for same period     Kaieteur News – ExxonMobil and its Stabroek Block partners in its first two years of full production generated a whopping $740,794,403,781 in revenue from the sale of …

    Source: Kaieteur News - Neutral
  • Published on 02:33 GMT

    Should You Buy The Oil Price Dip?

    Oil prices nosedived alongside the broader market on Tuesday, with U.S. crude dipping to the psychologically important level of $100/bbl as growing recession fears coupled with concerns over weakening demand outweigh a fundamentally tight supply market …

    Source: Oil Price - Neutral
  • Published on Jul 6, 2022

    Kornit, DoorDash fall; Resolute Forest, Broadcom rise

    Stocks that traded heavily or had substantial price changes Wednesday: Kornit, DoorDash fall; Resolute Forest, Broadcom rise NEW YORK -- Stocks that traded heavily or had substantial price changes Wednesday: Resolute Forest Products Inc., up $7.87 to $20. …

    Source: ABC News - Neutral
  • Published on Jul 6, 2022

    Without renegotiation Exxon contract ties Guyana to meagre share until oil is exhausted — Prof. Hunte

    Jul 06, 2022 News Kaieteur News – The production sharing agreement with ExxonMobil Guyana and its provisions as is, will ensure that Guyana continues to receive the 14.5 percent take from its oil reserves in the Stabroek Block until those oil reserves have …

    Source: Kaieteur News - Neutral
  • Published on Jul 6, 2022

    Stabroek Block clean-up costs subject to continuous review — Financials

    Jul 06, 2022 News The Liza I FPSO producing in the Stabroek Block Kaieteur News – While already more than US$355M is being deducted from oil produced in the Stabroek Block for the decommissioning (clean-up) phase at the end of the life of each oil well, …

    Source: Kaieteur News - Neutral
  • Published on Jul 5, 2022

    Stock Market Today: Dow Slips But Ends Well Above Lows on Big Tech Bounce

    By Yasin Ebrahim Investing.com -- The Dow ended the day off session lows Tuesday, as a tech-fueled bounce kept losses in the broader market in check and eased the hit from a rout in energy stocks after oil prices slid on growing fears of a recession.   The …

    Source: Investing - Uncategorized
  • Published on Jul 5, 2022

    S&P 500 Cuts Losses as Growth Stocks Jump

    By Yasin Ebrahim Investing.com -- The S&P 500 cut losses Tuesday, as a bounce in growth stocks including supported a late-day recovery in the broader market following an earlier slide on fresh warning signs of a possible recession. The S&P 500 rose …

    Source: Investing - Uncategorized
  • Published on Jul 5, 2022

    U.S. stocks close mostly higher after staging a sharp intraday rebound

    U.S. stocks eked out gains on Tuesday as investors’ appetite for risk suddenly reversed about halfway through the session, sparking a tech-led rebound that helped two of the three main U.S. benchmarks close higher. The Nasdaq Composite clinched the largest …

    Source: MarketWatch - Neutral
  • Published on Jul 3, 2022

    Token GRA tax receipt helps Hess avoid paying taxes in the US

    Introduction In this Part 99, we address our attention to the 2021 audited financial statements of Hess Exploration and Production Guyana Limited (the branch) which despite its name, is in fact a branch of a Cayman Islands incorporated subsidiary of the …

    Source: Stabroek News - Neutral
  • Published on Jul 2, 2022

    Oil And Energy Leads Way: These Were The Top 10 S&P 500 Stocks In First Half Of 2022

    The S&P 500 closed the month of June posting the worst half of a year since 1970 and the worst quarter since the first quarter of 2020, a period that included the official declaration of COVID-19 being a pandemic. While the SPDR S&P 500 ETF Trust …

    Source: Benzinga - Neutral
  • Published on Jul 1, 2022

    Supreme Court Ruling Dials Back EPA Powers: What It Means For Energy Stocks

    The U.S. Supreme Court continued its busy summer this week, issuing a landmark ruling limiting the mpower of the Environmental Protection Agency. The ruling could have significant financial implications for a number of energy sector stocks. What Happened? …

    Source: Benzinga - Neutral
  • Published on Jul 1, 2022

    Citizens must have a say in auctioning of oil blocks

    Jul 01, 2022 News – Norton says clear criteria must be set Kaieteur News – With just about two months to go before Guyana starts auctioning off its remaining oil blocks, Opposition Leader Aubrey Norton has called on the government to make public the bid …

    Source: Kaieteur News - Neutral
  • Published on Jul 1, 2022

    A fair equilibrium for Guyana’s profit share must focus on a New Production Sharing Agreement

    Dear Editor, Recently, I read a report prepared by SPHEREX Analytics, an accounting firm that produced the 2020 and 2021 financial statements for Esso Exploration and Production Guyana Limited (EEPGL). In the report, it is claimed that, ‘… Guyana’s share …

    Source: Stabroek News - Neutral
  • Published on Jun 29, 2022

    Energy Stocks Rip Higher as Oil Hits Highest Since Mid

    Oil prices rose about 2% on Tuesday, extending gains for the third session, underpinned by a slew of positive news. U.S. West Texas Intermediate (WTI) crude advanced $2.19, or 2%, to $111.76 per barrel — its highest since Jun 16. Reasons for Oil’s Surge …

    Source: Zacks - Neutral
  • Published on Jun 29, 2022

    Investors Look Ahead To Tomorrow's PCE Inflation Report

    (Wednesday Market Open) Stock futures moved slightly upward as Fed Chairman Jerome Powell’s comments on a panel with European central bankers began this morning. Investors will have much more important economic and inflation data to consider through Friday …

    Source: Benzinga - Neutral
  • Published on Jun 29, 2022

    Pres. Ali encourages local ‘consortiums’ to bid for oil blocks

    Jun 29, 2022 News …tells oil summit Guyana’s approach is to produce as fast as possible By Gary Eleazar Kaieteur News – Guyana’s President Irfaan Ali, is in neighbouring Suriname where that country is hosting a three-day Energy and Oil Summit, where he …

    Source: Kaieteur News - Neutral
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