Hess plans to sell US terminal network, exit refining business, investor may seek board seats

  • by: Associated Press
  • Updated: January 28, 2013 - 5:39 PM

NEW YORK - Hess Corp. said Monday that it plans to sell its U.S. terminal network and shutter its New Jersey refinery, completing its exit from the refining business and continuing its shift in focus toward exploration and production.

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