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Former Anadarko Petroleum Corp. chief Jim Hackett was appointed to co-lead the Houston office of private energy investment giant Riverstone Holdings LLC. Hackett stepped down as Anadarko CEO in 2012 and retired as executive chairman in May; he still plans to pursue a master’s degree in theological studies at Harvard Divinity School, completing a two-year program over the next four years (see Daily GPI, March 12). Working at Riverstone is “a way to still stay in touch with a business I love as a principal, but to do it very much in light of my primary duty, which is to go back to school.” Riverstone, founded in 2000, has nearly $24 billion in seven investment funds, with equity invested in operators that include deepwater explorer Cobalt International Energy Inc., midstreamer Magellan Midstream Partners LP and UK shale explorer Cuadrilla Resources Ltd.

June 17, 2013

Sabine Pass Possible Domestic Fuel Source

If Houston-based LNG Central has its way, not all of the liquefied natural gas (LNG) output of Cheniere Energy’s Sabine Pass liquefaction and export project on the Gulf Coast will be shipped overseas. Some will be used to fuel the domestic marine market as well as transportation on land and the high-horsepower engine market.

June 17, 2013

LNG Venture Would Fuel Vessels, Trucks with Sabine Output

If Houston-based LNG Central has its way, not all of the liquefied natural gas (LNG) output of Cheniere Energy’s Sabine Pass liquefaction and export project on the Gulf Coast will be shipped overseas. Some will be used to fuel the domestic marine market as well as transportation on land and the high-horsepower engine market.

June 13, 2013
Halcon Spending More on East Texas Eagle Ford

Halcon Spending More on East Texas Eagle Ford

Halcon Resources Corp. said Monday it will be spending more on its East Texas Eagle Ford Shale play, known as El Halcon.

June 11, 2013

CenterPoint Adds CNG Vehicles Amid Recall of Vans

Following similar initiatives around the nation, Houston-based CenterPoint Energy on Thursday said it will add 35 natural gas vehicles (NGV) to its fleet across Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma and Texas. It also is planning to supply compressed natural gas (CNG) to 17 new fueling stations built in its multi-state territory.

June 10, 2013

Houston Firm Seeks OK For Mexico Gas Exports

Houston-based NET Mexico Pipeline Partners LLC has asked FERC for the green light to build border-crossing facilities to export natural gas from the United States to Mexico.

June 10, 2013

Houston Firm Seeks Authorization to Export Gas to Mexico

Houston-based NET Mexico Pipeline Partners LLC has asked FERC for the green light to build border-crossing facilities to export natural gas from the United States to Mexico. The company requested that the Federal Energy Regulatory Commission issue a presidential permit for the connection by October.

June 4, 2013

Safety Still Top E&P Priority, Says Former Shell Chief

Safety remains the top concern for any energy company’s success, the former chief of Royal Dutch Shell plc told a Houston audience last month.

June 3, 2013

Safety Top Concern for Every E&P, Says Former Shell Chief

Safety remains the top concern for any energy company’s success, the former chief of Royal Dutch Shell plc told a Houston audience last week.

May 30, 2013

Plains OKs $6.6B Freeport Merger

Houston-based Plains Exploration & Production Co. will become part of mining conglomerate Freeport-McMoRan Copper & Gold Inc. after a majority of shareholders voted to approve the $6.6 billion merger.

May 21, 2013