AI Prospecting for Hess

Hess Corporation's latest significant news includes the arrival of the ONE GUYANA FPSO vessel at the Stabroek Block offshore Guyana, marking the fourth and largest oil development with an initial production capacity of 250,000 gross barrels of oil per day[1]. Additionally, Hess has set 2025 goals to reduce Scope 1 and 2 GHG and methane emissions intensities by approximately 50% from 2017 and achieve zero routine flaring by the end of 2025[5].

Hess Corporation has been recognized for its climate change stewardship, achieving CDP Climate Change Leadership Status and being included in the Dow Jones Sustainability Index (DJSI) North America for the 14th consecutive year and the DJSI World for the second time[1][4]. Hess also announced a five-year extension of its national healthcare initiative in collaboration with the Government of Guyana and the Mount Sinai Health System[4].

Chevron Corporation and Hess Corporation have filed a petition with the FTC to set aside a consent order that prohibits Chevron from nominating Hess CEO John B. Hess to the Chevron Board of Directors, a move related to Chevron's pending $53 billion acquisition of Hess, which is currently stalled due to disputes with ExxonMobil[4][5].