David

Claiborne P. Deming, president and CEO of Murphy Oil Corp. since 1994, will retire at the end of the year and will be succeeded by David M. Wood, the company said. Wood currently is executive vice president of Murphy’s worldwide exploration and production (E&P) operations. Deming plans to continue as a member of Murphy’s board of directors, and would succeed William Nolan as chairman of the board’s executive committee. Nolan would remain chairman of the board. Wood joined the El Dorado, AR-based company in 1994, and he was put in charge of E&P operations in January 2007. Deming said Wood “has the leadership ability and skill to grow the company’s business well into the future, and I wholeheartedly commend him to shareholders.” Deming said he would continue to follow “industry developments, particularly at this pivotal time,” and said he plans to remain involved with Murphy at all levels.

New York Gov. David A. Paterson signed into law last Wednesday a measure that extends the state’s uniform well spacing system to include additional wells and drilling activity, including horizontal well drilling, which he said would lead to greater efficiency in processing well permits, notably aimed at drilling for natural gas in the Marcellus Shale formation.

New York Gov. David A. Paterson signed into law Wednesday a measure that extends the state’s uniform well spacing system to include additional wells and drilling activity, including horizontal well drilling, which he said would lead to greater efficiency in processing well permits, notably aimed at drilling for natural gas in the Marcellus Shale formation.

Rapid City, SD-based Black Hills Corp. CEO David Emery’s grin was wide enough to show through his company’s first-quarter earnings conference call last Thursday, not because of the quarterly results, which were off compared to the same quarter in 2007, but because of the pending sale of seven independent natural gas-fired generation plants in four western states that collectively fetched $840 million from a joint venture of two asset management firms.

New York Gov. David Paterson said Thursday that he opposes construction of Broadwater Energy LLC’s controversial floating liquefied natural gas (LNG) project and associated pipeline in the middle of Long Island Sound, saying “privatizing open water would be fundamentally wrong,” and issuing an executive order to establish a planning board to find alternatives.

New York Gov. David Paterson said Thursday that he opposes construction of Broadwater Energy LLC’s controversial floating liquefied natural gas (LNG) project and associated pipeline in the middle of Long Island Sound, saying “privatizing open water would be fundamentally wrong,” and issuing an executive order for a planning board to find alternatives.

With the resignation of disgraced New York Gov. Eliot Spitzer effective Monday, the Connecticut Senate president said his state should reach out to New York Lt. Gov. David Paterson in an effort to secure New York’s opposition to the Broadwater offshore liquefied natural gas (LNG) terminal, according to press reports.

Contrary to what some of his colleagues might believe, NRG Energy Inc. CEO David Crane says that carbon — its presence in the environment and what that means for global warming — is of preeminent importance to the power industry.

David Delainey, a former Enron Corp. executive who testified for the prosecution in the trial of former Enron chiefs Jeffrey Skilling and the late Kenneth Lay earlier this year, was sentenced to two-and-a-half years in prison on Monday.