Amerada Hess News

The Pier Shops at Caesars in Atlantic City, N.J., didn't sustain major damage in superstorm Sandy.

Realizing the importance of motivating the next generation of college graduates to consider technical studies related to the gas and oil industry, Harry Schurr, general manager of Utica Operations/Hess JV for Consol Energy , talked to freshmen enrolled in Zane State College's gas and oil engineering class about the future of gas and oil development ... (more)

Equatorial Guinea , sub-Saharan Africa's third-biggest oil producer, will hold legislative and municipal elections on May 26, according to the government's website.

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John Wood Group PLC , an international energy services company, Thursday said its Wood Group PSN unit has been selected by Hess Corp.

Apache Corp. isn't waiting for Carl Icahn to tell the energy company how to reverse a two-year decline that's erased $14 billion from its market value.

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Harvey Golub, chairman of Miller Buckfire & Co., talks about Jamie Dimon's dual roles as chairman and chief executive officer of JPMorgan Chase & Co., changes to Hess Corp.'s board and Golub's time at American International Group, Inc.

Elliott Management, a hedge fund managed by billionaire Paul Singer since its founding in 1977, has filed its 13F for the first quarter of 2013 .

Transocean Ltd shareholders voted out Chairman Michael Talbert at the annual meeting on Friday and backed a nominee of activist investor Carl Icahn to replace him on the board of the world's largest offshore drilling contractor.

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Energy stocks edged lower Thursday, with Hess Corp. among the top decliners as it ended a proxy fight with activist shareholder Elliott Management.

Under the terms of the agreement, Elliott will withdraw its slate of five director nominees and support the election of Hess' five new directors: John Krenicki Jr., Fredric Reynolds, William Schrader, Kevin Meyers and Mark Williams.

Hess and Elliott Capital Management say they have reached an agreement that gives board seats to three people nominated by the activist hedge fund.

As Anadarko Petroleum Corp. Chairman Jim Hackett steps down and heads off to Harvard Divinity School, Chief Executive Officer Al Walker's biggest challenge is convincing investors nothing will change at the $45 billion global oil explorer.

As part of a reorganization, Elliot wants five seats on the board, in addition to Hess' own picks.

's stock had its "buy" rating reaffirmed by research analysts at TheStreet in a report released on Tuesday, Analyst Ratings Network reports.

It is now Hess Corp.'s move in its chess game with investor Elliott Management Corp.

Several energy companies have come under the heavy scrutiny of activist investors over the past few months for a wide swath of reasons.

Shareholder activists are flexing their muscles with a new exuberance this proxy season, running more insurgent slates in proxy contests, stalking larger targets and enjoying a higher rate of success.