BP plc CEO Bob Dudley last week said the beleaguered oil major will become a “simpler,” more oily company over the next few years.
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BP Taking ‘Simpler,’ More Oily Path
BP plc CEO Bob Dudley on Monday said the beleaguered oil major will become a “simpler,” more oily company over the next few years.
PG&E Exec: Gas System Better; New Tech ‘Revolutionary’
Beleaguered Pacific Gas and Electric Co. (PG&E), whose natural gas pipeline system and management have gone through regulatory hell since the fatal San Bruno transmission pipeline rupture and explosion in 2010, is in the early stages of a “long journey” to become the nation’s premier gas operator, and has some technology changes in the offing that could accelerate its transformation, according to executive vice president Nick Stavropoulos.
PG&E Seeks Replacement After CEO Suddenly Resigns
PG&E Corp. and its beleaguered combination utility, Pacific Gas and Electric Co. (PG&E), were rocked by a sudden setback when its CEO for the past six years, Peter Darbee, announced on Thursday that he was retiring early and the PG&E board accepted his resignation. Lead outside Director Lee Cox, a former telecommunications CEO, will assume Darbee’s chairman/CEO/President role on an interim basis effective April 30.
MMS Splits into Three Bureaus Under Interior Plan
Interior Secretary Ken Salazar last Wednesday inked a secretarial order that will lead to splitting the beleaguered Minerals Management Service (MMS) into three separate entities — not into two as originally expected — to avoid future conflicts of interest between the agency and oil and natural gas producers (see NGI, May 17).
Salazar Proposes to Break MMS into Three Bureaus
Interior Secretary Ken Salazar Wednesday signed a secretarial order that will lead to splitting the beleaguered Minerals Management Service (MMS) into three separate entities — not into two as originally expected — to avoid future conflicts of interest between the agency and oil and natural gas producers (see Daily GPI, May 12).
Weaver’s Cove Study Says New England Needs the Project’s Gas
Backers of the beleaguered Weaver’s Cove liquefied natural gas (LNG) terminal proposed for Fall River, MA, recently released an economic analysis of the region’s gas supply and demand outlook. The analysis says the project would lead to lower gas prices, as well as lower power prices since much of New England’s power comes from gas-fired generators.
Weaver’s Cove Study Says New England Needs the Project’s Gas
Backers of the beleaguered Weaver’s Cove liquefied natural gas (LNG) terminal proposed for Fall River, MA, recently released an economic analysis of the region’s gas supply and demand outlook. The analysis says the project would lead to lower gas prices, as well as lower power prices since much of New England’s power comes from gas-fired generators.
Islander East to Appeal Lower Court Ruling That Dealt Blow to Pipe
Sponsors of the beleaguered Islander East pipeline project apparently have not given up on the proposed Connecticut-to-Long Island pipeline. In a letter to FERC last Monday, Islander East said it plans to appeal within 40 days a recent federal court decision that many thought was a potentially fatal blow to the project.
Islander East to Appeal Lower Court Ruling That Dealt Blow to Pipe
Sponsors of the beleaguered Islander East pipeline project apparently have not given up on the proposed Connecticut-to-Long Island pipeline. In a letter to FERC Monday, Islander East said it plans to appeal within 40 days a federal court decision last month that many thought was a potentially fatal blow to the project.