Hess slashes 2015 budget by 16 percent amidst cheap oil
January 26, 2015 at 17:49 PM EST
WILLISTON, N.D., Jan 26 (Reuters) - Oil and natural gas producer Hess Corp cut its 2015 capital budget by 16 percent from last year's levels on Monday, saying the cuts should help the company safeguard its growth projects amidst low commodity prices.
