CITGO outlines plans to replace supply. HOVENSA has announced the permanent closure of its refinery located in St. Croix, U.S. Virgin Islands, a joint venture between Petróleos de Venezuela, S.A. (PDVSA) and Hess Corp. CITGO has a supply off-take agreement with HOVENSA and has developed plans to replace this supply. These well-defined plans are designed…
Hess Corp. Announces Capital and Exploratory Budget for 2012
“We are committed to creating value and delivering sustainable growth in production and reserves from both our unconventional and conventional portfolios,” says Hess spokesperson. Hess Corp. has announced a 2012 capital and exploratory budget of $6.8 billion, nearly all of which is targeted for Exploration and Production: $2.5 billion for unconventionals, $1.6 billion for production,…
Hess Adds Quiznos To Two Florida Locations
After debuting its first Quiznos location last December, Hess has added six more of the franchises to its fleet of stores. Two Hess Express gas station/convenience stores on Florida’s Treasure Coast recently welcomed Quiznos franchises to their locations, TCPALM reported. The first Quiznos opened two weeks ago in a Port St. Lucie Hess Express at…
Hess Introduces Online Racing Game
Hess Corp. is introducing a virtual new chapter to its 46-year-old Hess Toy Truck holiday tradition with the launch of its first-ever interactive game, the Hess Jet Game. Based on the 2010 Hess Toy Truck and Jet, the Hess Jet Game takes the Hess Toy Truck to a whole new level, providing fans with a…
Hess To Operate Tubular Bells
Hess Corp. has agreed to acquire an additional 20% interest in the Tubular Bells oil and gas field in the Gulf of Mexico from BP for $40 million and will become the operator. The increased ownership will bring Hess’ working interest in Tubular Bells to 40%. Chevron holds a 30% interest and BP will retain…
Hess, Red Sox Hit Home Run For Kids
Hess Corp.’s home run program with the Boston Red Sox is benefiting two local institutions serving children’s medical needs. Children’s Hospital Boston’s Trauma Program and the Jimmy Fund through the Red Sox Foundation each received a $55,000 check from Hess Retail Territory Manager Terri Bean at an on-field presentation at the Red Sox game on…
Investing in a Foodservice Future
At first look, boosting business with breakfast sales may seem like a strange idea in these tough economic times as today’s high unemployment means fewer workers stopping for breakfast en route to work. The fact that teenagers and men between the ages of 18-35, who are some of the c-store industry’s most frequent visitors, have…