Hess Sets Sights on Guyana Oil

January 26, 2023--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Hess Corporation (NYSE:HES) (New York, New York) will invest $3.7 billion in exploration and production efforts this year, with 80% of the funds destined for developments offshore Guyana and in the U.S. Bakken formation, the upstream energy company said this week.

Other companies featured: Exxon Mobil Corporation (NYSE:XOM)