Energy Transfer digs in on North Dakota pipeline expansion despite oil slump, sources say
When oil futures prices went negative last week, it was the biggest shock in years in the oil market. Now, though, the market isn’t just accepting that as a one-time event. There are increasing sig
State of Tennessee Treasury Department trimmed its holdings in shares of Hess Corp. (NYSE:HES) by 1.3% in the first quarter, HoldingsChannel reports. The institutional investor owned 60,894 shares of
In April, the output of the core sector -- coal, crude oil, natural gas, refinery products, fertiliser, steel, cement, and electricity -- had contracted a record 37%.

What Makes Hess (HES) a New Buy Stock

04:00pm, Tuesday, 30'th Jun 2020
Hess (HES) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
As its peers write down U.S. shale assets by billions of dollars amid lower oil and gas prices, Exxon Mobil Corp. stands increasingly alone in not adjusting...
The output of eight core infrastructure industries shrank by 23.4 per cent in May due to the coronavirus-induced lockdown, data released by the Ministry
As its peers write down U.S. shale assets by billions of dollars amid lower energy prices, Exxon Mobil stands increasingly alone in not adjusting the value of its holdings, and some accountants are qu

Eight Core Industries decline by 23.4% in May

12:36pm, Tuesday, 30'th Jun 2020
Final growth rate of Index of Eight Core Industries for February 2020 is revised at 6.4%.
Infrastructure output, which comprises eight sectors including coal, crude oil and electricity and accounts for nearly 40% of the country's industrial output, contracted 30% in April and May
A group of 19 companies including oil majors, trading houses and state-run firms were approved by Guyana's government for the next phase of a competitive process aimed at selecting an agent for market
A social-political group, Movement for Development of Itesekiri Oil/Gas Producing Communities has called on President Muhammadu Buhar

Hess Corp. Is Still A Great Oil Growth Story

09:03am, Friday, 26'th Jun 2020
A decrease in Bakken production and oil price weakness will push Hess's earnings lower and might put pressure on the company's financial health. Although Hess c
U.S. producers still have a long to go, however. Only Hess has gained since the last time oil traded above $40.
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