Outgoing Anadarko Petroleum Corp. Executive Chairman Jim Hackett plans to begin attending Harvard Divinity School in the fall. Hackett, 59, who served as CEO of The Woodlands, TX-based operator until last May, long has been interested in learning to write, speak and teach about faith and leadership, which were key reasons he retired from the company, according to a spokesman. The Harvard University program offers four degree programs: master of theological studies, master of divinity, master of theology and doctor of theology. Hackett’s retirement is to take effect after Anadarko’s annual meeting in May (see Daily GPI, Feb. 20). He previously worked at Devon Energy Corp., as well as NGC Corp., Burlington Resources (acquired by Anadarko in 2006), and Amoco Oil Co. Hackett is a board member and adjunct professor at Rice University.
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NW Natural promoted CFO David Anderson to executive vice president for operations and regulation. Anderson was a senior vice president/CFO with TXU Gas prior to joining NW Natural as its CFO in 2004. Also, Stephen Feltz was promoted to senior vice president and CFO, and C. Alex Miller was promoted to treasurer.
Ohio Governor Proposes Two-Tier Severance Tax Structure
Ohio Gov. John Kasich unveiled his proposed biennial executive budget on Monday, which includes a two-tier severance tax structure that would, for the first time, differentiate between horizontal and vertical wells drilled into the emerging Utica Shale.
Black Hills Sees Mancos Shale as Low-Cost Gas Source
The Mancos Shale plays in the Piceance and San Juan basins in Colorado and New Mexico are a potential gold mine of low-cost natural gas supplies, according to an executive from Rapid City, SD-based Black Hills Corp., who spoke Wednesday to Wall Street analysts at the J.P. Morgan SMid Cap Conference.
Range COO Predicts LNG Exports
A Range Resources Corp. executive said last week he believes the federal government will eventually allow liquefied natural gas (LNG) to be exported but cautioned that the industry shouldn’t be complacent and assume it will be so.
Dow Exec Sees 90 Projects Planned Using 7 Bcf/d
A Dow Chemical Co. executive said he believes the chemical industry will need several additional billion cubic feet per day of natural gas in as little as two-years’ time, when a long list of petrochemical plant projects begin to come online. It’s a demand that should be easy to meet, he said, as long as the United States hasn’t given away its competitive advantage in the marketplace — a gift from shale gas — through the undisciplined export of liquefied natural gas (LNG).
Dow Exec Sees Significant Gas Demand Increase Over Next Two Years
A Dow Chemical Co. executive said he believes the chemical industry will need several additional Bcf/d of natural gas in as little as two-years’ time, when a long list of petrochemical plant projects begin to come online. It’s a demand that should be easy to meet, he said, as long as the United States hasn’t given away its competitive advantage in the marketplace — a gift from shale gas — through the undisciplined export of liquefied natural gas (LNG).
Sabine Pass Could Expand by 50%, Cheniere Exec Says
Cheniere Energy’s Sabine Pass liquefied natural gas (LNG) export project in Louisiana could be expanded by 50% as global demand for U.S. LNG increases, a Cheniere executive said.
Dow Exec Sees 90 Manufacturing Projects Planned Using 7 Bcf/d
A Dow Chemical Co. executive said he believes the chemical industry will need several additional billion cubic feet per day of natural gas in as little as two-years’ time, when a long list of petrochemical plant projects begin to come online. It’s a demand that should be easy to meet, he said, as long as the United States hasn’t given away its competitive advantage in the marketplace — a gift from shale gas — through the undisciplined export of liquefied natural gas (LNG).
Shale Lone Bright Spot in Otherwise Bleak Energy Security Analysis
America’s energy security risk is bad and getting worse under current policy and regulatory framework, according to a report by the U.S. Chamber of Commerce’s Institute for 21st Century Energy.