“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,…

After flooding devastates parts of North Dakota, Hess provides funds to key organizations responsible for aiding and rebuilding the impacted areas. Hess Corp. has donated $1 million to North Dakota flood relief efforts. “We are deeply concerned about the people who are suffering from the devastation caused by the floods that have occurred in North…