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Sachin Mehra Named Treasurer of Hess Corporation

NEW YORK--(BUSINESS WIRE)--Jan. 11, 2008--Hess Corporation (NYSE: HES) has named Sachin Mehra as Vice President and Treasurer of the Corporation effective March 1, 2008. Mr. Mehra replaces Robert J. Vogel, who will retire from Hess after 18 years of service.

Mr. Mehra joined Hess in April 2007 as Vice President and Deputy Treasurer. Previously, he worked for 10 years at General Motors Corp. in a variety of treasury-related functions in New York, Singapore, Brussels and Shanghai.

Hess Corporation, with headquarters in New York, is a global integrated energy company engaged in the exploration, production, purchase, transportation and sale of crude oil and natural gas, as well as the production and sale of refined petroleum products. More information on Hess Corporation is available at www.hess.com.

CONTACT: Hess Corporation
Jay Wilson, 212-536-8622
Jon Pepper, 212-536-8550

SOURCE: Hess Corporation