Hess Corporation
American global energy company
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| September 2024 | The Federal Trade Commission conditioned approval of the merger, prohibiting John B. Hess from serving on the company's board due to his past communications with OPEC. |
| May 2024 | Hess shareholders approved the Chevron acquisition. |
| March 2024 | Exxon and CNOOC filed arbitration cases with the International Chamber of Commerce to stop the Chevron-Hess acquisition deal. |
| January 2024 | A class action antitrust lawsuit was filed against Hess Corporation and seven other US oil and gas producers, alleging an illegal price-fixing scheme that artificially constrained shale oil production, resulting in higher gasoline prices for US consumers. |
| December 2023 | Hess Corporation was ordered to pay $150 million to hundreds of former St. Croix refinery workers and their families for asbestos exposure injuries. |
| October 2023 | Hess Corporation agrees to be acquired by rival oil company Chevron. |
| 2022 | Estimates of the Guyana oil reserve were increased to 11 billion barrels. |
| December 2022 | Hess Corporation was added to the Dow Jones Sustainability World Index, recognizing the company's commitment to environmental sustainability and corporate responsibility. |
| December 5 2022 | Over 7,800 gallons of propylene glycol and more than 4,400 gallons of produced water spilled from a Hess pipeline near Ray, North Dakota. |
| August 12 2022 | Hess reported a 200-barrel wastewater spill from a North Dakota pipeline, which investigations later revealed was actually a 34,000-barrel spill with evidence of groundwater contamination. |
| 2021 | 7-Eleven acquired Speedway from Marathon, bringing former Hess locations into its portfolio. The Federal Trade Commission mandated the divestiture of 291 Speedway locations, primarily former Hess locations in Florida and New York. |
| March 2021 | Hess paid a fine for the Clean Water Act violation from the October 2015 inspection at its Tioga gas plant. |
| 2018 | Hess began acquiring interest in the Guyana oil reserve. |
| November 2018 | Hess agreed to pay $8.7 million to settle a federal and state lawsuit over the 2005 oil spill, contributing to a $72 million plan to rebuild North Breton Island following the BP oil spill. |
| 2016 | Speedway and Pilot Flying J entered a joint venture called PFJ Southeast LLC to manage former WilcoHess truck stops, with locations rebranded as Pilot or Flying J. |
| July 2016 | Hess reported a 32,000-gallon spill of produced water north of Tioga, North Dakota. |
| 2015 | Conversion from Hess branding to Speedway branding was completed for all acquired retail locations, including WilcoHess truck stops. |
| 2015 | The U.S. Virgin Islands sued Hess for $1 billion for environmental damages. The Hovensa facility declared bankruptcy and only paid $4.7 million to settle four class-action suits. |
| October 2015 | Hess gas plant in Tioga, North Dakota was inspected, leading to a Clean Water Act violation. |
| April 2015 | ExxonMobil announced the discovery of a significant oil reserve off the coast of Guyana, initially estimated to contain more than 700 million barrels of oil. |
| February 2015 | Hess reported over 40,000 gallons of brine spill between two well sites in North Dakota, with the company attributing the spills to opened valves they claimed were acts of vandalism. |
| May 2014 | Speedway LLC, a subsidiary of Marathon Petroleum Company, purchased Hess Corporation's retail business for $2.6 billion, involving 1,342 locations across the Eastern United States. |
| March 4 2013 | Hess Corporation announced its withdrawal from refining and retail sales of petroleum products, marking a significant strategic shift in the company's business operations. |
| 2012 | Hess halted operations at the Virgin Islands refinery and converted the site into a storage facility. |
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