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Hess is an independent energy company engaged in the exploration and production of crude oil and natural gas, with a position in a key U.S. shale play—the Bakken in North Dakota. Hess is also one of the largest producers in the deepwater Gulf of Mexico and a key natural gas producer and supplier to Peninsular Malaysia and Thailand. [5]
In July 2016, Hess reported a 32,000-gallon spill of produced water north of Tioga, North Dakota. [105] In March 2021, Hess paid a fine for a Clean Water Act violation stemming from an October 2015 inspection at its Tioga gas plant. [106] In August 2022, a North Dakota pipeline owned by Hess experienced a wastewater spill.
Amerada Hess Corp. v. Division of Taxation, 490 U.S. 66 (1989), was a United States Supreme Court case in which the Court held that, when determining how much business a corporation has done in a state for tax purposes, the Dormant Commerce Clause requires only that the formula be rational.
November 8 – Near Tioga, North Dakota, Aevenia Energy contracted to plow electrical cables underground from an oil well location owned by Amerada Hess Corporation across a wheat field to a power pole. The crew consisted of two bulldozer operators and one employee walking near the plow.
Hess became chairman and CEO of Hess Corporation in 1995. He stepped down as chairman in May 2013, retaining his position as CEO. [6] In September 2024, the Federal Trade Commission conditioned approval of the company’s $53 billion acquisition by Chevron Corporation on Hess being prohibited from serving on the company's board due to his past communications with OPEC.
The leading crude oil-producing areas in the United States in 2023 were Texas, followed by the offshore federal zone of the Gulf of Mexico, North Dakota and New Mexico. [2] The United States became the largest producer of crude oil of any nation in history in 2023. [3] Natural gas production reached record highs. [4]
Dana Hess spent more than 25 years in South Dakota journalism, editing newspapers in Redfield, Milbank and Pierre. He's retired and lives in Brookings, working occasionally as a freelance writer.
In Christmas of 2011, The Hess Corporation donated 900 of its 2011 Hess Toy Trucks and Race Cars to the Salvation Army for the underprivileged children in North Dakota. [18] A Hess Toy Truck Float in the annual Macy's Thanksgiving Day Parade in New York participated from 2003 up to 2014, when the Hess Corporation's retail unit was sold. [19]