Category Archives: Industry News

Whiting Petroleum Corporation to acquire Kodiak Oil & Gas Corp. in all-stock transaction valued at $6 billion

Creates the number-one Bakken/Three Forks producer Whiting Petroleum Corporation (NYSE: WLL) and Kodiak Oil & Gas Corp. (NYSE: KOG) announced yesterday a definitive agreement pursuant to which Whiting will acquire Kodiak in an all-stock transaction valued at $6.0 billion, based on the closing price of Whiting on July 11, 2014,…

Hess tops the list of U.S. Energy Producers in 2014 Green Rankings

Hess Corporation (NYSE:HES) announced yesterday it has been ranked No. 1 among the greenest U.S. energy producers according to the just-released 2014 Newsweek Green Rankings of the largest 500 companies in the world. by

Hess announces sale of retail business to Marathon Petroleum Corporation for $2.6 billion

Hess Corporation (NYSE:HES) announced on May 22, 2014 that it has agreed to sell its retail business to Marathon Petroleum Corporation for a total cash consideration of $2.6 billion. Hess Retail is the largest chain of company-operated gas stations and convenience stores along the East Coast with 1,342 locations. by

Hess Corporation, North Dakota officials gather to celebrate expansion of Tioga Gas Plant

Hess Corporation (NYSE:HES) was joined on May 19, 2014 by Governor Jack Dalrymple, Senator John Hoeven and a host of other government officials to commemorate the recently completed expansion of the Tioga Gas Plant, which more than doubles the operational capacity of the facility. by

The top 50 most powerful women in oil and gas announced by the National Diversity Council

The 2014 Top 50 Most Powerful Women in Oil and Gas features the highest-ranking female executive leadership in America’s corporations. The National Diversity Council announces the 2014 Top 50 Most Powerful Women in Oil and Gas, a definitive list of female executives, influencers and achievers impacting the oil and gas…

Target Logistics wins nearly $30 million workforce housing contract

Large independent U.S. crude oil and natural gas company signs deal for lodging Target Logistics, a global provider of workforce housing and one of the largest operators of turnkey solutions in North America, announced today that it has been awarded a nearly $30 million contract over the next three years….