Hess Corporation
American global energy companywww.hess.com
18
MENTIONS
12
EPISODES
12
PODCASTS
Search complete. 18 mentions across 12 episodes found for "Hess Corporation".
Sep 16, 2026
Sarah StamperGUEST
...
Sarah StamperGUEST
so, um, I had just thought, "Well, wow, that sounds like a great opportunity." And it was working for Hess Oil, which was actually a subsidiary of Hess, it was Hovensa, down in the Caribbean, and they gave me just this incredible job offer to come down there.
Stephen GloverHOST
Mm-hmm.
Sarah StamperGUEST
You know, paid for me to move down there.
Stephen GloverHOST
Okay
Sarah StamperGUEST
And actually, I, I wanted to quit.
Sarah StamperGUEST
I wanted to move back to New York, get a job working for Hess Oil in New York, and if it wasn't for the fact that I always had kind of the better job, I put the money down on the house that we were living in, I was not going to let him live in that house.
Sarah StamperGUEST
You know, I'd caught him cheating on me, so I was like, "You know, you leave." He had to leave.
Samir AliGUEST
Right.
Samir AliGUEST
And the, the perfect example of that is if you kind of saw what happened with Hess and Chevron, right.
Samir AliGUEST
They had parallel rig lines happening in the U S Gulf.
Samir AliGUEST
And, and, When that transaction closed, what ended up happening is the rig lines go from being parallel to becoming sequential.
Patrick BoyleHOST
While Chevron, the last US major on the ground, may expand at the margins, most executives are reluctant to commit fresh capital to a country where a presidential tweet can upend foreign policy overnight.
Patrick BoyleHOST
Chevron recently completed a $53 billion acquisition of Hess, which gives the US supermajor a 30% stake in Guyana's rapidly expanding offshore sector, where the break-even price of extraction is half what it is in Venezuela, and without the political risk.
Patrick BoyleHOST
The Venezuelan plan looks less like a strategic masterstroke and more like an expensive exercise in resource imperialism.
Patrick BoyleHOST
While the economic rationale of this incursion rests on questionable geology, the political plan for governing Venezuela appears even more tenuous.
Mark MeyerHOST
And now that you've kind of put a handcuffs on the Venezuelan regime, you're not as threatened by things like Venn's invading Esquibo and claiming two-thirds of Guyana is theirs and making harassment runs offshore to threaten Staybrook operations.
Mark MeyerHOST
Chevron through Hess has got a pretty big piece of that.
Mark MeyerHOST
I do think it has a lot to do with the fact that Chevron has always been there throughout all this, that we've got to try and make a go of it.
Mark MeyerHOST
What do you know about the infrastructure in Guyana versus Venezuela? Totally different.
Kevin SimpsonPANELIST
Chevron's production was up 20% last quarter.
Kevin SimpsonPANELIST
They've captured about $1.5 billion of Hess's synergy.
Kevin SimpsonPANELIST
I like Exxon.
Kevin SimpsonPANELIST
I like Chevron a little bit better.
Dagan McDowellSOUNDBITE_SPEAKER
Enough people working there?
Tom HayesHOST
This is the best thing that's happened to Chevron since the deal with Hess, okay? 600,000 barrels a day is half of the total production of Venezuela.
Tom HayesHOST
They are now an anchor tenant in the third largest heavy reserve in the world, 238 billion barrels.
Tom HayesHOST
This is monstrous.
Rich CiminiHOST
He was a real person.
Rich CiminiHOST
He was a self-made billionaire, I guess he was, with the Hess Oil Company from nothing, building it into an empire.
Rich CiminiHOST
And he just had a way about him.
Rich CiminiHOST
He just had a charisma that affected people, and that's why he hit it off.
Michelle GlogovacHOST
Chevron is expected to announce it will expand operations in Venezuela.
Michelle GlogovacHOST
Fun fact, Chevron donated $2 million to the presidential inaugural fund for the guy in the White House, and one of their board of directors, John Hess, and his wife donated $2 million to MAGA Inc. John is the former CEO of Hess Corporation, which Chevron acquired for $53 billion in 2025.
Michelle GlogovacHOST
The guy in the White House is named Pastor Darrell Scott to advise the administration on tobacco health issues on a committee that advises the CDC.
Michelle GlogovacHOST
And what experience does Pastor Scott bring? Well, he's a pastor, radio station owner, and host, and a former advisor to the guy in the White House.
Dwayne HenryHOST
And, and I agree with you completely.
Dwayne HenryHOST
I always tell the story of the third agreement with, um, with HOVIC, uh, Hess Oil Virgin Islands Corporation.
Dwayne HenryHOST
The governor, I think it was Juan Luis at the time, had presented a, a proposal that he had negotiated.
Dwayne HenryHOST
The legislature did not like it, so the legislature decided to table it, and they negotiated directly with Hess.
Dwayne HenryHOST
And I always make the joke and said Hess walked in with 15 senators and, or, or rather with 15 lawyers, and-
Malik SekouGUEST
That's right
Dwayne HenryHOST
... we, we walked in with 15 men off the street to- [laughs]
David BahnsenGUEST
Now, there's been plenty of good and healthy M&A.
David BahnsenGUEST
Exxon's deal with Pioneer, Chevron's deal with Hess, Exxon's deal with Mobil.
David BahnsenGUEST
They didn't cut the dividend during COVID, for God's sake, when oil was negative.
David BahnsenGUEST
They didn't cut the dividend during Valdez, during the financial crisis.
2 more episodes mention Hess Corporation.
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