HESS

(Reuters) - Oil and gas producer Hess Corp posted a better-than-expected quarterly profit on Wednesday as production jumped and costs fell in North Dakota's booming Bakken shale formation.

(Reuters) - Oil and gas producer Hess Corp posted a better-than-expected quarterly profit on Wednesday as production jumped in North Dakota's Bakken shale formation.

(Reuters) - Oil and gas producer Hess Corp said on Wednesday its quarterly net income more than doubled due in part to gains from recent asset sales and a production jump in North Dakota's Bakken shale formation.

(Reuters) - Hess Corp on Monday announced plans to sell its oil storage terminal network and exit the oil refining business, after activist hedge fund Elliott Associates said it was considering nominating directors to the Hess board.

FRANKFURT (Reuters) - German lighting designer Hess AG said it had sacked the two members that made up its management board after uncovering fraud that had been going on for a "remarkable period of time".