James C. Yardley has been promoted to executive vice president of El Paso Corp. and president of the company’s pipeline group. Yardley is currently president of Southern Natural Gas Co. He will retain that role as well as assume responsibility for the management of all of El Paso’s pipeline and related activities. “Jim is an outstanding leader who brings broad experience and sound judgment, both strategic and operating, to this position,” said CEO Doug Foshee. “I am confident Jim will further our pipeline group’s strong performance and growth.” Yardley has a 28-year career with El Paso, which includes various corporate, marketing and pipeline responsibilities.
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Spitzer, Moeller Sworn in at FERC
Former Arizona regulator Marc Spitzer and ex-Alliant Energy executive Philip Moeller have been sworn in as commissioners at the Federal Energy Regulatory Commission.
Spitzer, Moeller Sworn in at FERC
Former Arizona regulator Marc Spitzer was sworn in as a new FERC commissioner on Friday, and ex-Alliant Energy executive Philip Moeller was sworn in Monday, according to an agency spokesman.
Enron Defense Questions Veracity of Witness
Challenged by the defense team on Monday, a former Enron Broadband Services (EBS) executive acknowledged that he, too, lied to employees, investors and investigators with the Securities and Exchange Commission (SEC) before making a deal to cooperate in the trial of Enron founder Kenneth Lay and ex-CEO Jeffrey Skilling.
To-Do List for New Rhode Island Energy Czar Includes Boosting LNG Availability
Rhode Island Gov. Donald. Carcieri on Thursday signed an executive order creating Rhode Island’s first chief energy advisor to the governor, who will be in charge of coordinating state energy policy and overseeing the state energy office.
Former Dynegy Exec May Be Resentenced to 15 Years in Prison
Federal prosecutors in Houston are recommending that former Dynegy Corp. executive Jamie Olis receive 15 years in prison for his role in the company’s Project Alpha transaction, according to court briefs filed on Tuesday. Olis’ original 24-year sentence was overturned in November by the Fifth Circuit Court of Appeals in New Orleans (see Daily GPI, Nov. 2).
Correction:
Doug Krenz, vice president of transportation for Enbridge, was misidentified as an Enterprise Products Partners executive in an article that ran in NGI’s Daily Gas Price Index on Oct. 13 (see Daily GPI, Oct. 13). NGI regrets the mistake and will run a corrected and updated version of the story in Natural Gas Intelligence, the weekly newsletter.
Illinois Governor Names Consumer Advocate Group Chief as Chair of ICC
Illinois Gov. Rod Blagojevich has appointed Martin Cohen, who has served as executive director of the state’s Citizens Utility Board (CUB) for the last 12 years, as chairman of the Illinois Commerce Commission (ICC). Cohen will be the first consumer advocate ever to lead the ICC.
Former Westar Execs Found Guilty of Corporate Fraud
Westar Energy’s former CEO, David C. Wittig, and former executive vice president, Douglas T. Lake, were convicted of corporate fraud Monday in a federal court in Kansas.
Kerr-McGee Expects to Hit Quarterly, Year-End Production Targets
A Kerr-McGee Corp. executive said Wednesday the company will hit its third quarter oil and natural gas production target of 321,000-347,000 boe/d, as well as the full-year target of 360,000 boe/d before divestments.