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John Hofmeister

Inaccurate predictions of when oil production won’t meet demand

Screen Shot 2016-05-20 at 13.11.39By John Donovan

Retired Shell Oil President John Hofmeister (right) will say practically anything to get quoted in the news media, presumably in the hope of raising his public profile. 

CNBC is today reporting his prediction that oil production won’t meet demand in 5 yearsFor some reason, he consistently tries to talk up the price of oil. 

Those of us with good memories may recall a similar reckless prediction made by his former Shell boss, Jeroen van der Veer. 

As reported in the Times newspaper article below (published in January 2008), Mr. van der Veer said that oil and gas demand would outstrip supply within 7 years. In other words, by 2015.  read more

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Former Shell exec Engelhardt Robbe now ruining Dutch rail

Screen Shot 2015-06-10 at 20.55.29

By John Donovan

Just over 9 years ago, a Shell insider sent us a Shell internal email circulated on behalf of a then senior finance man at Shell, Engelhardt Robbe.

The description given by the insider is self-explanatory.

From a Shell Insider

Dear Alfred

When I saw this one I thought this was a joke, trying to outdo Dogbert of Scott Adams Dilbert. But this is serious matter, sent from a very senior Finance manager. Scott Adams manages to get the message across in 3 pictures. But it now is clear that the top of the Finance community in Europe has gone stark raving mad. read more

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Ex-Shell Oil president: ‘I felt extorted’

Screen Shot 2013-10-01 at 07.56.54The former president of Shell Oil USA didn’t candy-coat it: America’s political fund-raising system, he said, amounts to legalized extortion. “I feel extorted,” John Hofmeister told CNN’s Drew Griffin. “Every time I wrote a check I felt that it was a form of extortion, the price of entry, because of the reception that you got when you contributed versus the reception when you did not contribute.” Hofmeister, who ran Shell Oil USA from 2005 through 2008, said he was constantly being asked for political donations, by members of both parties.

Screen Shot 2014-01-23 at 17.36.31 David Fitzpatrick and Drew Griffin, CNN Investigations: January 23, 2014 — Updated 1324 GMT (2124 HKT)

(CNN) — The former president of Shell Oil USA didn’t candy-coat it: America’s political fund-raising system, he said, amounts to legalized extortion.

“I feel extorted,” John Hofmeister told CNN’s Drew Griffin. “Every time I wrote a check I felt that it was a form of extortion, the price of entry, because of the reception that you got when you contributed versus the reception when you did not contribute.”

Hofmeister, who ran Shell Oil USA from 2005 through 2008, said he was constantly being asked for political donations, by members of both parties. It’s against Shell Oil policy, he said, for corporate contributions to be made. So any donations came out of his own pocket — something, he said, he felt forced to do. read more

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Marvin Odum, just another Shell snake oil salesman

Screen Shot 2013-03-26 at 23.26.03By John Donovan

Based on insider information, we beat Shell to the punch by announcing a day before Shell, that David Lawrence had left the company. We said that he had been fired after Shell’s Arctic plans fell apart.

When Shell was put under pressure to comment, the company claimed Lawrence was leaving by mutual consent. A fuelfix article published by The Houston Chronicle said in reference to this website “skeptics have fostered a different view:”

It wasn’t a case of being skeptical. We knew for certain that Shell was not being candid. Shell Oil Company president Marvin Odum apparently hoped we would all swallow the “mutual consent” hogwash. read more

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The BP disaster: Who said ‘this would be impossible in Shell?’

COMMENT RECEIVED FROM A SHELL RELATED SOURCE

Amidst all the news on Kulluk, let’s not forget about the other one

This is what you get if you use old stuff from the scrap yard…

Remember the hypocritical “blistering attack” by Shell CEO Peter Voser on BP over the devastating Gulf of Mexico oil spill:

Voser promised that Shell would never make the same mistakes as BP.

Since then, blunders and corner-cutting has led to the current debacle.

To me it is all about technical competence.

Many moons ago the Troll project was delivered on time and within budget. This was more innovative and challenging than drilling some wells in Alaska. But then we had the likes of Chapman in charge and not corner-cutting bean-counters like Voser and Henry. read more

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INSPECTOR GENERAL REPORT ON GALE NORTON, SHELL SCANDAL

By John Donovan

Although their names have been redacted, it appears from this report that John Hofmeister and Malcolm Brinded were both directly involved in negotiations/discussions with Gale Norton?

If the issue of Shell corruption is raised, based on our knowledge, there is always a good chance that Mr Big Brain, No Scruples  Brinded will be involved e.g. the “Touch F*** All” safety culture on North Sea Oil Rigs, his backing for a rigged Shell contract tender and now his interesting meeting in London with Gale Norton.
read more

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Shell Nigerian Exploration and Production Co. Ltd. to pay $30 million criminal fine

Posted on Shell Blog by “old nigeria hand” on Sunday Nov 14th, 2010 at 11:26 pm

RESPONSE TO: What did Shell Oil President John Hofmeister know about corruption in Nigeria?

Panalpina and Hofmeister, bribes in Nigeria. I am certain that the top management knew all about the goings on. About 5 years ago a scandal nearly erupted but was quenched. (Or as the say in Nigeria: ‘de disting was quench-oh by de Oga’.

SPDC had made around 500 million dollars disappear over the years to all kind of community projects. No trails could be found in the books. And this for a company that should be able to trace every dollar spent anywhere. Because it is shareholder’s or taxpayer’s money. So I am sure that Hofmeister et all just assumed the bribes via Panalpina would disappear in the great wash. I am not an accountant. But as an engineer I know we can and must and do certify for instance every weld on long pipelines. The exact location, date of weld, weldingrods used, name of welder, and an X-ray photo is included. If you can do that, you should be able to trace every dollar spent? Unless you don’t want to?!? read more

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What did Shell Oil President John Hofmeister know about corruption in Nigeria?

By a former employee of Shell Oil USA

The Panalpina investigation began in 2007. The investigation covers the time period of 2002 -2007. That means, of course, that Shell’s transgressions occurred during John Hofmeister’s term of service at Shell. One has to wonder what his involvement in the bribery schemes were. I am certain that he was fully aware of what was going on, given that he was President of Shell USA from 2005 -2008. Someone had to ‘sign for’ and approve the millions of dollars used for that purpose. read more

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John Hofmeister and alleged Shell espionage in the USA

Comment by a former employee of Shell Oil USA

John,

I have a comment about the comment for your ‘retiree’: He got his biology wrong. Toads are not slimy and do not turn into princess. Only frogs are slimy and Hofmeister has that personality trait in abundance.

I also have another observation for your readers about ‘Mr. Toad’:

With regard to your comments/observations about John Hofmeister: It is almost a certainty that Mr. Hofmeister (the alleged ‘pompous toad’) has initimate knowledge of Shell USA’s  (alleged) espionage plan that targeted their former employee’s IP and WMD technologies classified by the US Dept.’s of Defense and Energy, as well as current legal liabilities in that regard. Mr.Hofmeister’s term at Shell (1997 -2008) puts him at Shell during the time of Shell’s concerted effort to gain access to the classified material. It is also very possible that he was intimately involved in the decision/authorization process that led Shell to proceed ahead with, and/or continue with, that (alleged) illegal effort (if he was not directly responsible for any of the decisions or authorizations himself). read more

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Former Shell Oil President John Hofmeister pompous as ever

Posted on Shell Blog by “retired shellee” on Nov 10th, 2010 at 11:24 am

Hofmeister pompous as ever.

Last night I watched the BBC documentary on the Macondo blow-out. It was easy to relate with all that was said by the various participants. But two things stuck to my mind: the media and politicians (Obama included and leading the way) are like a troup of rabid dogs. The moment someone is down, they all attack in a feeding frenzy. All with hidden agendas, all completely oblivious of what their actions might cause. Presumably this is their job and I expect hardly anything else from these charlatans. read more

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Shell’s ex-president presses on

During an appearance on CNBC early in the summer, John Hofmeister made a startling statement: "Oil isn't a free market." Soon after he said it, the show cut to a commercial and someone handed Hofmeister, who was about to retire as president of Shell Oil Co., a piece of paper. It was a message from Shell's headquarters in the Netherlands telling him he could not say that.

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Former Shell president is the man with a plan

Everyone these days, from T. Boone Pickens to me, seems to have an energy plan, and Hofmeister is no different. His, though, has executive suite cred. He doesn't have an interest in any particular fuel source, as Pickens does, and, as he's quick to point out, he's not running for office.

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The Same Old Song on High Gas Prices

Ms. Wasserman Schultz, Democrat of Florida, channeled the rage of every parent in America who has pulled into a gas station recently on the way to ballet lessons or soccer practice, letting loose on the men from Exxon Mobil, Shell, Chevron, ConocoPhillips andBP America.

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Over a barrel: industry players predict future price movements

His latest prediction is for prices to hit $200 per barrel within two years because supplies will be unable to meet soaring global demand.

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Oil companies ask Congress to allow more US exploration, reduce supply

John Hofmeister, president of Shell Oil, said his company and others are prohibited from exploring for more energy resources in the majority of US lands and offshore, and prohibited from even analyzing potential resources in several areas. 'The cumulative effect of these policies has been to discourage US investment and send US companies outside the United States to produce new supplies,' Hofmeister said. 'As a result, US production has declined so much that nearly 60 percent of daily consumption comes from foreign sources.'

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Shell Oil boss calls for new energy policy

On a day that oil futures touched a record $123 a barrel, John Hofmeister, president of Shell Oil Co., the U.S. division of Royal Dutch Shell, said oil companies need to find “unconventional” sources of oil as existing sources dry up.

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Oil president wants more access to energy resources

COEUR D'ALENE, Idaho -- The United State's reliance on foreign oil is being increased because of limits placed on where companies can search for resources, the president of Shell Oil Co. says. "The U.S. prohibits access to its own natural resources," John Hofmeister said. "We need more oil and gas, whether it's onshore Alaska, or offshore Alaska."

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Montana’s Governor Eyes Coal to Solve U.S. Fuel Costs

THE NEW YORK TIMES: Montana’s Governor Eyes Coal to Solve U.S. Fuel Costs

“The Democratic governor of this Republican state said he had met with Shell president John Hofmeister… to discuss his proposals.”

Posted Friday 26 August 2005

By REUTERS

HELENA, Montana (Reuters) – Montana’s governor wants to solve America’s rising energy costs using a technology discovered in Germany 80 years ago that converts coal into gasoline, diesel and aviation fuel.

Skip to next paragraph The Fischer-Tropsch technology, discovered by German researchers in 1923 and later used by the Nazis to convert coal into wartime fuels, was not economical as long as oil cost less than $30 a barrel.

But with U.S. crude oil now hitting more than double that price, Gov. Brian Schweitzer’s plan is getting more attention across the country and some analysts are taking him very seriously. read more

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Financial Times: Shell ‘had systems in place’ to hear fears over reserves

Financial Times: Shell ‘had systems in place’ to hear fears over reserves

 By Carola Hoyos

Published: April 29 2004 5:00 | Last Updated: April 29 2004 5:00

A senior Royal Dutch/Shell executive has insisted that there were systems in place for any director to raise concerns over the oil group’s reserves position with the board.

John Hofmeister, Shell’s director of human resources, told the Financial Times that the issue could have been raised “through audit, human resources or the non-executive process” if it was not being addressed under normal reporting lines.
read more

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