Hess Corp

Elliott Management Corp springs second challenge to oil and gas producer Hess Corp

By admin1 on December 15, 2017 • ( 0 )

With comparatively higher cash reserves, Hess has come under renewed investor pressure to deliver better return to its shareholders. With activist hedge fund Elliott Management Corp calling the performance of oil and gas producer Hess Corp as “continuing underperformance”, it… Read More ›

Resurgence of U.S. shale oil changes the balance of power with traditional oil producers

By admin1 on March 9, 2017 • ( 0 )

U.S. shale producers realise that with great power comes great responsibility. In what could potentially offset OPEC’s move to cut oil productions so as to reduce the glut in the global oil pool, U.S. shale oil producers are plotting an… Read More ›