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How Everette DeGolyer Refined Dallas

Chevron buys Hess Corporation for $53 billion, another acquisition in oil, gas industry

The independent energy company Hess Corporation will be purchased by oil and gas giant Chevron for $53 billion, the companies announced Monday.

North Dakota s Future Is in Coal, but Not for the Usual Reason

North Dakota Strikes Oil

4/4/2012: North Dakota oil drilling was an oddity in the first half of the 20th century. Thirty years of wildcat drilling in the state’s northwest corner left nothing but dry holes. So, in 1950, when the Clarence Iverson farm outside the community of Tioga hosted an oil drill, it was a real oddity. There were no small number of skeptics. Oil wells in North Dakota? Gushers in wheat country? The idea seemed absurd to many.

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