| Amerada Hess Corporation and its subsidiaries engage in the exploration for, production, purchase, transportation, and sale of crude oil and natural gas. The company also manufactures, purchases, trades, and markets refined petroleum and other energy products. In addition, it provides distributed electricity generating equipment to industrial and commercial customers. Amerada markets refined petroleum products to the motoring public, wholesale distributors, industrial and commercial users, other petroleum companies, governmental agencies, and public utilities. It also markets natural gas to utilities, and other industrial and commercial customers. As of December 31, 2004, the company had 646 million barrels of proved crude oil and natural gas liquids reserves; operated 1,254 HESS gasoline stations; and had 22 terminals with an aggregate storage capacity of 21 million barrels. Amerada has operations in the United States, the United Kingdom, Norway, Denmark, Equatorial Guinea, Algeria, Gabon, Indonesia, Thailand, Azerbaijan, Malaysia, and other countries. The company was incorporated in 1920 and is headquartered in New York City. |