U.S. oil producer Hess Corp has announced its decision to exit Suriname’s offshore Block?59, returning operations to the ...

Hess Corp, a U.S. oil company, has decided to withdraw its offshore Block 59 in Suriname, said the South American nation’s state oil firm Staatsolie on Tuesday.

There is some risk for ExxonMobil investors, as Q1 capital returns outpaced net income; however, the shortfall is offset by ...