Hess Oil and Chemical Corporation was a company founded in the early 1930s by Leon Hess of New Jersey to distribute heating oil. It expanded over the years to include refining and marketing of heating oil and other petroleum products through terminals and gasoline stations. In 1968, Hess Oil and Chemical Corporation merged with Amerada Petroleum Corporation into Amerada Hess Corporation (NYSE: HES). Since 2006, the merged company has been called Hess Corporation. Before the merger, Hess Oil and Chemical developed the Hess Oil Virgin Islands Corporation (HOVIC) Refinery on St. Croix, United States Virgin Islands, at the time the largest oil refinery in the world. After 1998 the refinery built by HOVIC operated under the name HOVENSA. It is a joint venture with PDVSA and is 50% owned by Hess Corporation. HOVENSA announced plans to close later on in the year on January 18, 2012.
Hess is an independent energy company engaged in the exploration and production of crude oil and natural gas, with a position in a key U.S. shale play—the Bakken in North Dakota. Hess is also one of the largest producers in the deepwater Gulf of Mexico and a key natural gas producer and supplier to Peninsular Malaysia and Thailand. The company is engaged in exploration and appraisal activities offshore Guyana, participating in one of the industry's largest oil discoveries in the past decade with the first phase of a planned multiphase development of the Liza Field in Guyana underway.
Hess is no longer involved in retail sales of petroleum products.
Tesoro Corporation, known briefly as Andeavor, was a Fortune 100 and a Fortune Global 500 company headquartered in San Antonio, Texas, with 2017 annual revenues of $35 billion, and over 14,000 employees worldwide. Based on 2017 revenue, the company ranked No. 90 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.
The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transportation, and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material for many chemical products, including pharmaceuticals, solvents, fertilizers, pesticides, synthetic fragrances, and plastics. The industry is usually divided into three major components: upstream, midstream, and downstream. Upstream regards exploration and extraction of crude oil, midstream encompasses transportation and storage of crude, and downstream concerns refining crude oil into various end products.
Repsol S.A. is a Spanish multinational energy and petrochemical company based in Madrid. It is engaged in worldwide upstream and downstream activities. In the 2021 Forbes Global 2000, Repsol was ranked as the 683rd-largest public company in the world. It has more than 24,000 employees worldwide.
China Petroleum & Chemical Corporation (中国石油化工股份有限公司) or Sinopec, is a Chinese oil and gas enterprise based in Beijing. It is listed in Hong Kong and also trades in Shanghai and New York.
Petroleum Company of Trinidad and Tobago Limited (Petrotrin) was a state-owned oil company in Trinidad and Tobago. Its principal activities were the exploration, development and production of hydrocarbons in addition to the manufacturing and marketing of petroleum products.
Phillips Petroleum Company was an American oil company incorporated in 1917 that expanded into petroleum refining, marketing and transportation, natural gas gathering and the chemicals sectors. It was Phillips Petroleum that first found oil in the North Sea on December 23, 1969, at a position that was later named Ekofisk.
Hess Corporation is an American global independent energy company involved in the exploration and production of crude oil and natural gas. It was formed by the merger of Hess Oil and Chemical and Amerada Petroleum in 1968. Leon Hess served as CEO from the early 1960s through 1995, after which his son John B Hess succeeded him as chairman and CEO.
Premier Oil plc was an independent UK oil company with gas and oil interests in the UK, Asia, Africa and Mexico. It was devoted entirely to the 'upstream' sector of the industry - the exploitation of oil and gas - as opposed to the 'downstream' refining and retail sector. It was listed on the London Stock Exchange until it was acquired by Chrysaor Holdings and then merged into Harbour Energy in March 2021.
Leon Hess 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. He sold his company, Hess Oil and Chemical, in 1963 and joined a consortium to buy the New York Jets. Hess was responsible for moving the Jets to Giants Stadium in East Rutherford, New Jersey in 1984.
Hindustan Petroleum Corporation Limited (HPCL) is an Indian oil and gas refining company headquartered in Mumbai. Since 2018, ONGC has owned a majority stake in the company. The company is ranked 367th on the Fortune Global 500 list of the world's biggest corporations as of 2016. On 24 October 2019, the company became a Maharatna PSU.
Limetree Bay Refinery is an oil refinery located on the island of Saint Croix in the United States Virgin Islands. The refinery was a joint venture between Hess Corporation and PDVSA. For most of its operating life as HOVENSA, it supplied heating oil and gasoline to the U.S. Gulf Coast and the eastern seaboard with the crude mainly sourced from Venezuela. Previously it had sourced its crude feedstock from a number of other countries including Libya. At a capacity of about 500,000 barrels per day (79,000 m3/d), in 2010 the refinery was among the 10 largest in the world.
QatarEnergy, formerly Qatar Petroleum (QP), is a state owned petroleum company of Qatar. The company operates all oil and gas activities in Qatar, including exploration, production, refining, transport, and storage. The President & CEO is Saad Sherida al-Kaabi, Minister of State for Energy Affairs. The company's operations are directly linked with state planning agencies, regulatory authorities, and policy making bodies. Together, revenues from oil and natural gas amount to 60% of the country's GDP. As of 2018 it was the third largest oil company in the world by oil and gas reserves. In 2020, the company had total revenues of US$21bn, a net income of US$7.9bn, and total assets of US$116bn. In 2021, QatarEnergy was the fifth largest gas company in the world.
The National Oil Corporation is the national oil company of Libya. It dominates Libya's oil industry, along with a number of smaller subsidiaries, which combined account for around 70% the country's oil output. Of NOC's subsidiaries, the largest oil producer is the Waha Oil Company (WOC), followed by the Arabian Gulf Oil Company (Agoco), Zueitina Oil Company (ZOC), and Sirte Oil Company (SOC).
Waha Oil Company is an oil company based in Tripoli, Libya, engaged in the fields of crude oil and natural gas exploration and production.
Triton Energy Limited (NYSE: OIL) was one of the largest independent oil and natural gas exploration and production companies in the United States. Triton was founded in Dallas, Texas by E.R. Wiley in 1962, and had total proved reserves of almost 300 million barrels of oil equivalent when Amerada Hess Corporation purchased it in 2001 for $3.2 billion. At the time, Triton had operations in North and South America, West Africa, Southeast Asia, Europe, Australia and New Zealand.
Coastal Corporation was a diversified energy and petroleum products company headquartered at 9 Greenway Plaza in Greenway Plaza, Houston, Texas. The company was founded in 1955 by Oscar Wyatt and incorporated in 1955 as Coastal States Gas Producing Company. It merged with the El Paso Corporation in 2001. As of 1999, Coastal was a Fortune 500 company with 13,300 employees and annual revenues of $8.2 billion.
Richard Frederick Paynter Hardman, CBE is a British geologist and the doyen of applied petroleum geologists. He remained the president of the Geological Society of London, 1996 – 1998 and Chairman of the Petroleum Society of Great Britain. In a career spanning over 40 years, he has worked in oil and gas exploration as a geologist in Libya, Kuwait, Colombia, Norway, and the North Sea with companies like BP, Amoco and Amerada Hess. Working as an Oil & Gas Drilling & Exploration consultant, he has remained Executive Director, Exploration at Regal Petroleum (2005–2006), Atlantic Petroleum UK, and has been Director FX Energy, Inc., based in Salt Lake City, US, since 2003.
The Rio Vista Gas Field is a large natural gas field in the Sacramento–San Joaquin River Delta in northern California, adjacent to Rio Vista, California. Discovered in 1936, and in continuous operation since, it has produced over 3.6 trillion cubic feet (100 km3) of gas in its lifetime, and retains an estimated reserve of approximately 330 billion cubic feet (9.3×109 m3). In 2008 alone, the most recent year for which data was available, it produced 18 billion cubic feet (510,000,000 m3) of gas. Spanning portions of three counties and covering over 29,000 acres (120 km2), it is the largest natural gas field in California, and one of the fifteen largest in the United States.
Bangladesh is the sixteenth-largest producer of natural gas in Asia. Gas supplies meet 56% of domestic energy demand. However, the country faces an acute energy crisis in meeting the demands of its vast and growing population. Bangladesh is a net importer of crude oil and petroleum products. The energy sector is dominated by state-owned companies, including Petrobangla and the Bangladesh Petroleum Corporation. Chevron, ConocoPhillips, Equinor, Gazprom and ONGC are major international companies engaged in Bangladesh's hydrocarbon industry, with Chevron's gas fields accounting for 50% of natural gas production.
Indian Oil Corporation Limited is an Indian government-owned oil and gas explorer and producer, headquartered in New Delhi. It is a public sector undertaking whose operations are overseen by the Ministry of Petroleum and Natural Gas. Indian Oil is ranked 212th on the Fortune Global 500 list of the world's biggest corporations as of 2021. It is the largest government owned oil corporation in the country, with a net profit of $6.1 billion for the financial year 2020-21. As of 31 March 2021, Indian Oil's employee strength is 31,648, out of which 17,762 are executives and 13,876 non-executives, while 2,775 are women, comprising 8.77% of the total workforce.