• Amerada Hess specializes in oil exploration and production worldwide and sells gasoline from stations in the eastern United States.
• Amerada Hess plays a distinct role in the development of destructive projects, price gouging and community health threats.
• Amerada Hess is working with BP to build the Baku-Tblisi-Ceyhan oil pipeline through eastern and central Europe, which will passes through or nearby seven conflict areas, necessitating a militarized zone that will span 1,000 miles.
• Amerada Hess is accused of colluding with other oil companies to hide information about the dangers of MTBE contaminating municipal water supplies.
• Urge Amerada Hess to invest in renewable energy for the future and find strategies for living a greener, more socially responsible life with Go Green.
-- Profile Updated 04/04/2011
About Amerada Hess
Amerada Hess specializes in oil exploration and production worldwide. The company also sells gasoline from almost 2,000 Hess gas stations, chiefly in the eastern US. The New York-based company recorded $23.25 billion in sales and employed 11,610 people in 2005. CEO John Hess owns about 14% of the company.
The Baku-Ceyhan Campaign, an international coalition of groups, is working to raise public awareness of the social problems, human rights abuses and environmental damage that is being caused by the Baku-Tbilisi-Ceyhan oil pipeline, which runs through Azerbaijan, Georgia and Turkey. BTC Pipeline Company, a conglomeration of companies led and operated by BP, is the entity responsible for planning and constructing the pipeline. The Baku-Ceyhan Campaign criticizes the project for displacing residents, supporting oppressive regimes, and for endangering people and the environment by building in areas with frequent seismic activity.
Air Hangar Incorporated - Trenton, NJ
- Amerada Hess (Denmark) ApS - Copenhagen, Denmark
- Amerada Hess (Malaysia) Ltd - Kuala Lumpur, Malaysia
Amerada Hess (Malaysia) Ltd - Kuala Lumpur, Malaysia
- Amerada Hess (Thailand) Limited - Bang Rak, Thailand
- Amerada Hess Corp. - Houston, TX
- Amerada Hess Corp. - Woodbridge, NJ
- Amerada Hess Ltd. - London, United Kingdom
- Amerada Hess Norge A/S - Oslo, Norway
- Amerada Hess Production Gabon - Libreville, Gabon
- Hess Energy Services Company LLC - New York, NY
- Hess Energy Trading Co. LLC - New York, NY
- Hess Microgen LLC (Subsidiary) - Carson City, NV
- Hess Oil Virgin Islands Corp. - Saint Croix, VI
- Second Reserve Terminal - Woodbridge, NJ
- Triton Columbia, Inc. - Bogota, Colombia
- Triton Mediterranean Oil & Gas N.V. (Italy) - Rome, Italy
Contact Amerada Hess
New York, NY 10036 USA
Hess was ranked the third “greenest” oil company out of the top 10 leading US oil corporations by Greenopia in 2011. Greenopia commends Hess for its good sustainability reporting, efficient water usage and hazardous waste generation, improvements in energy efficiency and good recycling rate. Hess has a large number of oil spills compared to its smaller volume of production but not much oil is spilled in each event and the company has been known to immediately take responsibility and clean up. Greenopia acknowledges its investment in alternative fuels such as biofuels and clean diesel but recommends getting involved in technologies such as solar and wind which are greener and cleaner.
-- Greenopia, 03/01/2011
The State Department of Environmental Conservation fined Hess Corporation $1.1 million in February 2008 for petroleum storage violations. The agreement also entails $300,000 of funding for a wetlands restoration project and the clean up of 65 gas stations and oil storage facilities in New York City and the Hudson Valley. The violations, tracing back to the 1990s and early 2000s, concern noncompliance with storage regulations as well as the restoration of a bulkhead without proper permits.
-- New York Sun, 02/29/2008
Amerada Hess is planning to build a large liquefied natural gas terminal in Fall River, MA despite resident protests that the facility belongs in a less populated area of the state. The Federal Energy Regulatory Commission approved plans for the LNG terminal in June 2005, however citizens continue to express concerns over the danger posed by potential terrorist threats as well as the terminal's impact on the environment and local waterways.
-- Boston Globe, 07/01/2005
Source URL: none available
Ethics and Governance
Amerada Hess Corp. is among a group of oil industry companies who have allegedly conspired to mislead the public, municipal corporations and water suppliers, as well as the Environmental Protection Agency, about the dangers of adding MTBE to gasoline by downplaying the threat the chemical posed to groundwater. MTBE was added to gasoline to lessen air pollution impacts, but certain companies within the oil industry knew that MTBE would leak into groundwater and contaminate drinking water supplies. A New York judge ruled in April 2005 that plaintiffs including cities, municipalities, and private well owners in New York City and New Hampshire, can proceed with more than 80 lawsuits on behalf of about 190 municipalities and other water providers seeking to hold oil companies, including Amerada Hess, responsible for both the pollution of groundwater and for the significant costs of MTBE cleanup. A settlement was reached in May 2008 by the dozen oil companies to pay $423 million and clean up costs, with only Exxon-Mobil holding out who eventually was ordered to pay $104.7 million in damages in October 2009.
-- Reuters, 05/07/2008
In 2004, the Securities and Exchange Commission (SEC) announced that Marathon Oil, Amerada Hess and ChevronTexaco were under investigation by federal authorities for possible violations of securities laws prohibiting bribes to foreign government officials. The SEC notified the companies of the probe by letter, following the release of a Senate report describing transactions handled by Riggs Bank involving the companies and the dictator of Equatorial Guinea and his family. "Oil companies operating in Equatorial Guinea may have contributed to corrupt practices in that country by making substantial payments to, or entering into business ventures with, individual Equatorial Guinea officials, their family members, or entities they control, with minimal public disclosure of their actions," the Senate’s permanent subcommittee on investigations said.
A grand jury is investigating Riggs’ embassy banking division for violations of money-laundering laws in its handling of the Equatorial Guinea accounts.Riggs is accused of allowing Equatorial Guinea and its dictator, Teodoro Obiang Nguema, to siphon millions of dollars in oil revenue into his personal accounts.
-- Ethical Corporation, 08/10/2004
Health and Safety
US Labor Department’s Occupational Safety and Health Administration (OSHA) has fined Hess Corporation for more than $141,000 for workplace safety and health violations. The company has been cited for one “other-than-serious” violation and 31 “serious” violations, in which there is a substantial probability that death or serious physical harm could result and the employer was aware, or should have been aware, of the hazard. Hess’ serious violations include failure to “properly train employees, conduct maintenance on critical instruments, update operating procedures, regularly conduct incident investigations, resolve incident investigation findings in a timely manner, properly install metal stairs, maintain ladders in a safe condition, support piping systems” and more.
-- OSHA, 05/14/2009