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Newfield Exploration Co. President and COO David F. Schaible, 46, died Saturday following a brief battle with cancer. He leaves his wife Tina and four children. CEO David A. Trice, who will assume the role of president, said Schaible joined the company when it was founded in 1988, and he joined the board of directors in 2002. When he joined Newfield at the age of 28, Schaible was the youngest member of the founding group of employees. He served as executive vice president, Operations and Acquisitions from November 2004 through July. He also served as vice president, Acquisitions and Development from 1995-2004; manager, Acquisitions and Development from 1992-1995; coordinator, Acquisitions and Marketing from 1991-1992; and as petroleum engineer from 1989 to 1991. Before joining Newfield, Schaible was senior production engineer in the Eastern Gulf Division of Tenneco Oil Exploration and Production Co. He earned a degree in petroleum engineering from Marietta College, GA. He also was active in the Society of Petroleum Engineers.

In the back and forth battle occurring recently in natural gas futures the November contract logged a forth day on Wednesday as it gained 14.7 cents to close at $7.010. Despite signs that the 2007 Atlantic hurricane season is on course to be just as underwhelming as the previous year, some traders point to the market’s seasonal tendency to buy at this juncture.

While all sides say details like rates and schedules remain negotiable, it appears industry rapidly lost the battle to enlist the hearts and minds of Albertans for its war against an overhaul of provincial royalties. Within two weeks of a stunning report advocating $2 billion in annual royalty increases by a provincially appointed review panel, polls showed opinion swung overwhelmingly in favor of change — including in the Calgary capital of Canada’s natural gas industry.

While all sides say details like rates and schedules remain negotiable, it appears industry rapidly lost the battle to enlist the hearts and minds of Albertans for its war against an overhaul of provincial royalties. Within two weeks of a stunning report advocating $2 billion in annual royalty increases by a provincially appointed review panel, polls showed opinion swung overwhelmingly in favor of change — including in the Calgary capital of Canada’s natural gas industry.

Chesapeake Energy Corp. and a group of utility customers vowed to continue their legal battle to prevent pre-approval hearings for a proposed $1.8 billion 950 MW coal-fired power plant after the Oklahoma Corporation Commission (OCC) Thursday said it will begin pre-approval hearings on Monday.

Chesapeake Energy Corp. and a group of utility customers vowed to continue their legal battle to prevent pre-approval hearings for a proposed $1.8 billion 950 MW coal-fired power plant after the Oklahoma Corporation Commission (OCC) Thursday said it will begin pre-approval hearings on Monday.

Continuing their neck-and-neck battle for trading exchange market supremacy, Atlanta-based IntercontinentalExchange (ICE) and the New York Mercantile Exchange (Nymex) both announced new trading volume records during January 2007. Nymex also noted that its electronic trading endeavor through the Chicago Mercantile Exchange’s (CME) Globex platform is now regularly outpacing Nymex open outcry floor-traded volumes.

Continuing their neck-and-neck battle for trading exchange market supremacy, Atlanta-based IntercontinentalExchange (ICE) and the New York Mercantile Exchange (Nymex) have both announced new trading volume records during January 2007. Nymex also noted that its electronic trading endeavor through the Chicago Mercantile Exchange’s (CME) Globex platform is now regularly outpacing Nymex open outcry floor-traded volumes.

Bringing to a close a long consumer battle that spawned unrest and stirred state lawmakers, the Oregon Public Utility Commission (PUC) issued a final order Sept. 15 for implementing a new state law that limits the amount of utility rates covering federal, state and local taxes to the actual amounts of taxes paid. The change will start with 2006 tax year payments, and a consumer activist group immediately criticized the PUC’s action as insufficient.