Hess

Hess: the last oil baron

by Davis, Tina

Type Book
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Leon Hess' business acumen started with picking up oil waste products and delivering them for residential use and eventually to refiners and utilities in 1933. His single-truck business quickly grew to a fleet of 12 and after returning from the war, he branched out, building his own oil refineries first at home, and later offshore as he developed Hovensa, the largest refinery in the Western Hemisphere, which he ran jointly with the Venezuelan government. With his acquisition of Amerada in the 1…

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Title Statements

  • Full title :Hess : the last oil baron / Tina Davis, Jessica Resnick-Ault.

Summary

Leon Hess' business acumen started with picking up oil waste products and delivering them for residential use and eventually to refiners and utilities in 1933. His single-truck business quickly grew to a fleet of 12 and after returning from the war, he branched out, building his own oil refineries first at home, and later offshore as he developed Hovensa, the largest refinery in the Western Hemisphere, which he ran jointly with the Venezuelan government. With his acquisition of Amerada in the 1960s, he entered the high-stakes world of oil discovery and production, spreading his company's name -- and resources -- globally. Fourteen years after his death, his son John Hess faces what may be the end of the family era at Hess Corp., with a revolt from company shareholders who have accused him of mismanagement and attacks on a board stacked with his father's lifelong friends. Stripped of his chairmanship, John is shutting refineries that once were the company's major earners and seeking to sell the signature green-and-white gasoline stations that dot the Northeast and inspired the toy trucks that have become collectors' items. What will remain of the legacy of a man who was the last of the oil titans, creating a major integrated company in the mode of John D. Rockefeller?

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Edition Statements

  • Publication Date:2016

Publication Statements

  • Publisher(s):Wiley/Bloomberg Press
  • Place of Publication:Hoboken, New Jersey
  • Language:eng
  • Publication Date:2016

The Physical Object

  • Description:278 pages : : illustrations ; : 24 cm.

Edition Identifiers

  • ISBN:9781118923443, 1118923448
  • oclc:ocn922639524
  • LC Classification:HD9570.H47
  • Dewey Decimal:338.7/6655092

Table of Contents

Hess Family -- Hess at War -- After the War -- Amerada -- Hess Abroad -- Hess in DC -- Hess, Refined -- When You're a Jet -- The Hess Truck's Back -- Getting and Spending -- A New Hess -- Fight for Control -- The Last -- Notes -- References -- Acknowledgments -- About the Authors -- Index.

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