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Amerada Hess
Amerada Hess is one of the world's largest corporations. By blending an entrepreneurial spirit with an understanding of the markets we serve, the company has grown steadily to become a major force in the international petroleum industry.
We are an integrated petroleum company. At home and abroad, we explore millions of promising acres both onshore and offshore. Thousands of wells produce oil and natural gas from our substantial reserves. Most of our oil and gas reserves are in the United States, the United Kingdom, Norwegian and Danish sectors of the North Sea, North and West Africa and Southeast Asia. More than 70% of our capital employed is in exploration and production. About 90% of our capital expenditures goes into the search for, and the development and production of crude oil and natural gas.
The HOVENSA refinery (which we own jointly with Petroleos de Venezuela) is among the industry's most sophisticated and efficient. It produces high- quality, clean-burning fuel oils, gasoline and other petroleum products. We have extensive storage capacity, the largest on the East Coast of the United States, made up of strategically placed terminals distributing HESS products to customers from Boston to Florida. We market our high quality fuels to industry and consumers. Our HESS retail outlets provide both clean-burning gasoline and convenience store items through modern and sparkling clean HESS EXPRESS facilities. Our large HESS EXPRESS stores provide food service such as Godfathers Pizza, Blimpies and TCBY yogurt, as well as our proprietary Mountain Top coffee, fountain service and convenience items.
Hess.com (Opens New Window)
Source: Amerada Hess
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