Texaco named John E. Bethancourt president-production operationsyesterday. Bethancourt, whose appointment is effective immediately,was most recently vice president – upstream corporate development.In his new role, Bethancourt will relocate to Texaco’s CorporateCenter in White Plains, NY. After joining Texaco upon the company’sacquisition of Getty Oil in 1984, Bethancourt was appointed areamanager-South Texas in Texaco U.S.A. producing operations. In 1996he was appointed vice president of international businessdevelopment in Texaco International Marketing and Manufacturing,and was named to his most recent assignment in November 1997.
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Piedmont CEO Steps Down, Remains Chairman
As Piedmont Natural Gas Co. reported record net income Friday atits annual shareholders meeting in Charlotte, NC, Chairman and CEOJohn H. Maxheim announced his retirement from active operation ofthe company after 22 years. Maxheim said the company’s board hasnamed former Piedmont Natural Gas President and COO Ware F.Schiefer to succeed him as president and CEO.
BP Amoco Touts 4Q Results
BP Amoco released what it called strong fourth quarter 1999results, and CEO John Browne had favorable remarks regarding futurenatural gas prices.
BP Amoco Touts 4Q Results
BP Amoco released what it called strong fourth quarter 1999results, and CEO John Browne had favorable remarks regarding futurenatural gas prices.
Unicom Hires Moler To Head D.C. Office
John W. Rowe, Chairman, President and CEO of Unicom, announcedthe appointment of Elizabeth Anne (“Betsy”) Moler, 50, as thecompany’s senior vice president for federal government affairs.Moler, currently an attorney in private practice in Washington,D.C. is a former chair of the Federal Energy Regulatory Commission(“FERC”). Upon completion of Unicom’s merger with PECO Energy, shewill head the combined company’s Washington office.
Unicom Hires Moler to Head D.C. Office
John W. Rowe, Chairman, President and CEO of Unicom, announcedthe appointment of Elizabeth Anne (“Betsy”) Moler, 50, as thecompany’s senior vice president for federal government affairs.Moler, currently an attorney in private practice in Washington,D.C. is a former chair of the Federal Energy Regulatory Commission(“FERC”). Upon completion of Unicom’s merger with PECO Energy, shewill head the combined company’s Washington office.
People
Southern Company Energy Marketing’s new president, GaryMorsches, shifted some personnel around yesterday to optimizeperformance. John Ragan, formerly west regional vice president,becomes east regional vice president. He also will oversee SCEM’scommodities group, which handles trading in coal, emissionscredits, weather derivatives and pulp/paper markets. Bill Orr,formerly northeast regional vice president, becomes west regionalvice president. Jay Catasein, project development vice president,becomes northeast regional vice president. Ron Erd is promoted fromdirector to vice president of market development. In addition toresponsibility for market development and structuring, Erd willassume responsibility for the project development group. SCEM is ajoint venture between Southern Energy Inc. and Vastar ResourcesInc.
People
PP&L Inc. named John Cotter vice president-energy marketing& trading. Cotter, who has more than 20 years of experience inthe marketing and trading of electricity, gas and oil, has servedas senior vice president-marketing for PP&L EnergyPlus,PP&L Inc.’s electricity sales subsidiary. He replaces MichaelT. Steffes, who last week resigned from PP&L, Inc. to pursueother interests. Cotter has been serving in the PP&L EnergyPlussenior vice president position since October.
People
Cinergy’s PSI Energy subsidiary is looking for a new presidentfollowing the retirement of John M. Mutz, who had been president ofthe electric utility since 1993.
Producers Advised to Reinvent the Business
The only thing John Olson, senior energy analyst for SandersMorris and Mundy, needed last week following his speech at aproducers’ conference on gas supply and demand at the Canadianembassy in Washington, D.C., was a producer to volunteer to step upon stage and be slapped around.