Nasdaq | Hess signals confidence in oil market with $1bn share buyback Financial Times Hess signalled growing confidence in the outlook for the global oil market on Thursday by announcing plans to buy back $1bn of its shares this year. The US oil producer said the new buyback programme was in addition to the $500m plan announced in late ... Oil producer Hess to buy back $1 billion shares Oil producer Hess to buy back $1 bln shares |