Hill, 47, joins Hess from Shell, where he has been Executive Vice President, Asia Pacific E&P, encompassing Malaysia, Brunei, Indonesia, the Philippines, China, Australia and New Zealand. He held numerous leadership positions during his 25-year career at Shell that included responsibilities for onshore production in parts of the United States and offshore production in Europe.
Posts on ‘January 8th, 2009’
FORMER SHELL EXEC GREG HILL NAMED PRESIDENT OF HESS CORPORATION WORLDWIDE EXPLORATION AND PRODUCTION
Posted by Chris Wilkinson: Thursday 8 January 2009 11.27 GMT Comments (3) Fuel pumps at a Shell petrol station. Photograph: Phil Noble/Reuters Last Sunday, as I entered the National Theatre to catch the final performance of Oedipus, a flyer was shoved into my hand. Usually these leaflets are simply plugging a show. Not this one. It was [...]
Royal Dutch Shell Plc resumed contracted deliveries of Nigerias Bonny, Bonga and Forcados crude-oil grades after production was cut by pipeline attacks.
The interview I conducted with its chief executive, Jeroen van der Veer, broadcast on the Guardians website today, contains what appears to be an interesting admission. I asked him whether Shell had now stopped producing ads extolling its investments in renewable energy. Mr van der Veer does not express himself clearly at this point, but he seems to admit that his companys previous advertising was not honest.
Over the past six months, as the world has plunged into recession and financial crisis, shares in big oil companies such as BP, Royal Dutch Shell and ExxonMobil of the US have outperformed market averages. However, analysts have begun to focus on the effect that a sustained period in which oil costs less than $50 per barrel will have on company profits and cash flows.
Serious Fraud Office may go farther in investigating BAE systems (*Oil-for-Arms corruption scandal involving Shell)
…the UK authorities are on the verge of starting to take bribery seriously. A bribery Bill is likely this year, he says, and there is even a chance that the Serious Fraud Office may go farther in investigating BAE systems.
It says the cuts will be made from joint ventures between Venezuela’s state oil company and foreign companies including Royal Dutch Shell, Chevron Corp. and France’s Total
Companies such as Exxon-Mobil Corp., Royal Dutch Shell Plc and Chevron Corp. are studying production through a process that involves heating rock to extract oil. Western states may hold as much as 800 billion barrels of oil, potentially enough to fuel the U.S. for a century. Environmental groups have opposed such oil-shale production, saying it destroys pristine lands and requires great quantities of energy and water.