In Profile : Hess Corporation


In Profile : Hess Corporation 2

 

 

 

 

 

 

 

Hess says of itself :
A LEADING GLOBAL INDEPENDENT ENERGY COMPANY
Hess Corporation is a leading global independent energy company, engaged in the exploration and production of crude oil and natural gas, as well as in refining and in marketing refined petroleum products, natural gas, and electricity. Our vision is to maximise shareholder value by enhancing financial performance and providing long-term profitable growth. We are committed to meeting the highest standards of corporate citizenship by protecting the health and safety of our employees, safeguarding the environment and creating a long-lasting, positive impact on the communities in which we do business.

Our marketing and refining objective is to maximise financial returns from existing assets. The Company operates about 1,360 Hess branded sites in 16 states along the East Coast of the United States. We continue to selectively expand our HESS EXPRESS convenience store network. The HOVENSA refinery in the United States Virgin Islands, a joint venture between a subsidiary of Hess Corporation and a subsidiary of Petroleos de Venezuela, SA (PDVSA), is one of the largest crude oil refineries in the world. Refined petroleum products, as well as natural gas and electricity, are marketed to customers throughout the East Coast of the United States. This integrated approach to marketing allows the Company to meet the total energy needs of our customer base while maintaining a low-cost operating base. We have a strong leadership team and a global organisation, implementing a focused strategy that is positioning Hess Corporation for long-term financial performance.

Board of Directors :
John B. Hess
 : Chairman of the Board and Chief Executive Officer
Samuel W. Bodman : 
Former Secretary of the United States Department of Energy; Former Deputy Secretary of the United States Department of the Treasury

Nicholas F. Brady
 : Chairman, Choptank Partners, Inc.; former Secretary of the United States Department of the Treasury; former Chairman, Dillon, Read & Co. Inc.

J. Barclay Collins II
 : Executive Vice President
Gregory P. Hill
 : Executive Vice President and President, Worldwide Exploration and Production
Edith E. Holiday
 : Attorney; former Assistant to the President of the United States and Secretary of the Cabinet; former General Counsel, United States Department of the Treasury

Thomas H. Kean
 : President, THK Consulting, LLC; former Governor, State of New Jersey; former President, Drew University

Dr. Risa Lavizzo-Mourey
 : President and Chief Executive Officer, The Robert Wood Johnson Foundation
Craig G. Matthews
 : Former Vice Chairman and Chief Operating Officer, KeySpan Corporation; former Chief Executive Officer and President, NUI, Inc.

John H. Mullin III
 : Chairman, Ridgeway Farm LLC; former Managing Director, Dillon, Read & Co. Inc.
Frank A. Olson : 
Former Chairman of the Board and Chief Executive Officer, The Hertz Corporation
Ernst H. von Metzsch
 : Managing Member, Cambrian Capital, L.P.; former Senior Vice President and Partner, Wellington Management Co.

F. Borden Walker
 : Executive Vice President and President, Marketing and Refining
Robert N. Wilson
 : Chairman, Still River Systems; former Vice Chairman of the Board of Directors, Johnson & Johnson

From the board alone we can see this company is important enough to be an elite recycling of top level puppets.

Samuel Bodman at US Department Of Energy :

Hess : Samuel Bodman of Hess at US Dept. of Energy

025. Adelphi: Hess; Samuel Bodman of Hess at U.S. Dept. of Energy by John Adam St Gang: Crown Control

Exploration & Production : Asia and Europe 
Andy Mitchell 
Senior Manager, E&P Communications

Hess Exploration & Production

Level 9
The Adelphi Building

1-11 John Adam Street

London WC2N 6AG

England

+44 20 7331 3000

CorporateCommunications@hess.com

Hess Operations Worldwide :

AFRICA
 2006 NET DAILY PRODUCTION

Liquids (thousand barrels) 85
Natural Gas (million cubic feet) 0
Total (thousand barrels — oil equivalent) 85

ASIA
 2006 NET DAILY PRODUCTION

Liquids (thousand barrels) 12
Natural Gas (million cubic feet) 217
Total (thousand barrels – oil equivalent 48

EUROPE (North Sea)
 2006 NET DAILY PRODUCTION

Liquids (thousand barrels) 114
Natural Gas (million cubic feet) 283
Total (thousand barrels – oil equivalent) 161

UNITED STATES 
2006 NET DAILY PRODUCTION

Liquids (thousand barrels) 46
Natural Gas (million cubic feet) 110
Total (thousand barrels – oil equivalent) 64

2009 Budget For Hess :
NEW YORK — Hess Corporation (NYSE: HES) announced today a $3.2 billion capital and exploratory expenditure program for 2009. Approximately $3.1 billion is targeted for Exploration and Production, with $1.4 billion for production, $900 million for developments and $800 million for exploration.
John B. Hess, Chairman and CEO, stated, “Our company has excellent investment opportunities. However, the uncertain economic environment has prompted us to size our 2009 capital and exploratory program in a way that maintains our financial strength and protects our growth.
Source

This is a serious company pumping serious oil, yet certainly not the end of their ambitions :

Environment
Since 1933, Hess has been committed to delivering reliable energy supplies while forming long-standing relationships built on trust. Today, Hess is a provider of oil, natural gas, and electricity to commercial and industrial business customers. Hess is also proud to offer our green suite which includes products such as Demand Response, C-Neutral, and renewable energy certificates. Our customers have the confidence that Hess continues to be a strong energy company and is positioned to continue to satisfy their needs well into the future.

Issuing Carbon Certificates…for the environment…. That means carbon taxes thrust upon business in turn thrust upon every individual. Hess also promotes the very dangerous mercury filled energy lightbulbs recently made law in the EU as the only choice for consumers, the normal bulbs without mercury, banned for import. Big New World Order operation also donating to John McCain.  

Source

In The Schools :

  • • Primary Education :
    • In the United Kingdom, through Grounds for Learning, Hess has funded almost 50 awards to schools in Scotland for school facility improvements.
    • Charity fundraising :
    • Hess employees actively participate in the March of Dimes, an organisation that raises money to fund research, education, and public awareness programs to reduce premature birth and to develop medical advances that support premature babies. Our employees also contribute generously to other charities, and to numerous clothing, food, toy, and blood drives throughout the year.
    • Teacher fellowships in the U.K :
    • Partnering with Earthwatch in the UK, Hess created 30 fellowships to enable secondary school teachers to take part in environmental research projects and take they’re learning back into their class rooms and local communities.
    Source

911 Commission And Hess  :
The 911 Commission Chairman, Thomas Keane, was the chairman of the Amerada Hess, and as a board member involved in the Caspian Basin Investment Club would most likely have gladly ignored the truth, I base that on the fact the commission report was garbage, based on garbage.
Source

Equatorial Guinea :
Equatorial Guinea…[is] the fourth largest oil-producer in sub-Saharan Africa. ExxonMobil, Hess and Marathon are all there… Under [Teodoro Obiang Nguema], Equatorial Guinea basically has no free press, no independent judiciary, or independent civil society. And torture, arbitrary detentions, and corruption are rife… the US State Department, the International Monetary Fund, and others have repeatedly noted that the government of Equatorial Guinea doesn’t spend enough money on its own people. The people of the country have a per capita income comparable to Spain or Italy and development indicators more like Afghanistan.
ViewPoint: The Looting of Equatorial Guinea

Hess Scandals :
Bank, Big Oil Tied To African Payments
How The Pursuit Of Oil Is Propping Up The West African Dictatorship Of Teodoro Obiang
In re Amerada Hess Corporation Securities Litigation
Three Big Oil Companies Under Bribes Investigation

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