Hess to proceed with $6 bln U.S. oil project despite price dip
October 28, 2014 at 19:03 PM EDT
HOUSTON, Oct 28 (Reuters) - U.S. independent oil company Hess Corp. said on Tuesday it would proceed with the development of the $6 billion Stampede project in the U.S. Gulf of Mexico, one of the biggest energy investments announced during the current oil price slump.