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Hess Oil and Chemical was founded in 1933 by Leon Hess as an operation out of Asbury Park, New Jersey that sold refining leftovers to hotels as heating fuel. [4] [9] In 1938, he purchased land in Perth Amboy for his first oil storage terminal and in 1958 opened the company's first refinery, located in Port Reading. [11]
Leon Hess (March 14, 1914 – May 7, 1999) was an American businessman, the founder of the Hess Corporation and the owner of the New York Jets. Hess built an oil terminal in New Jersey after the Great Depression, building his first refinery in the late 1950s.
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] In 2018 and 2019, Hess Corporation donated Hess Toy Trucks and STEM education kits to every elementary school in North Dakota. A total of approximately 6,700 trucks were ...
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Hess Corp CEO John Hess has until Tuesday to quell a rebellion by shareholders over his handling of what could turn out to be one of the largest mergers in oil industry history: a proposed $53 ...
Chevron announced plans to buy Hess on Monday, creating a new industry giant alongside Exxon Mobil, which moved to buy Pioneer Natural Resources for $59.5 billion earlier in October. This story ...