HETCO was established in 1997. HETCO operates solely in the energy space which gives it a piercing focus in this market. HETCO is jointly owned by Hess Corporation (www.hess.com) and the Founding Managing Directors of HETCO, each of whom have over 25 years of experience in trading and banking. HETCO’s offices are in New York, Boston, Houston, London, Dubai, Singapore and Geneva which gives the company a global and round-the-clock presence. HETCO’s professional trading team has worked at major oil firms and financial institutions, many of whom have been trading since energy markets were commoditized in the mid-1980’s. This diversity of background together with the backing and credit support of
Hess Corporation, a Fortune 100 integrated oil and gas company, gives HETCO the ability and comfort to operate across the energy space, from physical crude oil, refined products and natural gas, through sophisticated financial energy products including weather and energy equity related derivatives.

HETCo offers specialist energy advisory services to public, private, state-owned companies, sovereign entities and financial institutions through its subsidiary HETCO Advisory Services (UK) Ltd.