Leader

Oil, NatGas Prices Top Energy Concern as Disruptive Technologies Upend Outlook, Says World Energy Council

Shifting priorities of energy executives worldwide are putting more impetus on a lower-carbon future, while oil and natural gas price volatility remains the No. 1 “critical” uncertainty, according to the World Energy Council.

April 6, 2017

U.S. Deals, Values Decline, Still Lead Global Activity

North America’s $15.9 billion in oil and natural gas merger and acquisition activity led the global markets during the third quarter with a 38% share, but overall U.S. activity and deal values declined year/year, according to PLS Inc. and Derrick Petroleum Services.

October 14, 2013

Marcellus Shale Coalition CEO Klaber Resigning

Kathryn Klaber, who has helmed the industry-led Marcellus Shale Coalition (MSC) as CEO for almost four years, is stepping down, she said Friday.

July 29, 2013

CNG ‘Moving on Up’ with Westport/Clean Energy Deal

A global leader in natural gas engines, Vancouver, BC-based Westport Innovations Inc. on Friday said it has acquired a leading conversion company, BAF Technologies Inc., from Clean Energy Fuels Corp., the California-based natural gas vehicle (NGV) fueling company. Westport secured the deal with $25 million worth of its stock.

July 1, 2013

NGVs Revved Up with Westport/Clean Energy Deal

A global leader in natural gas engines, Vancouver, BC-based Westport Innovations Inc. last Friday said it has acquired a leading conversion company, BAF Technologies Inc., from Clean Energy Fuels Corp., the California-based natural gas vehicle (NGV) fueling company. Westport secured the deal with $25 million worth of its stock.

July 1, 2013
Most U.S. NatGas Plays Make Money at $4.00-Plus, Says Raymond James

Most U.S. NatGas Plays Make Money at $4.00-Plus, Says Raymond James

Nearly every major natural gas play in the United States makes money at prices above $4.00/Mcf, and more important, can generate a “decent rate of return” at prices above $4.25, according to an analysis by Raymond James & Associates Inc.

June 11, 2013
Eagle Ford Oil Production Poised to Be a Bakken Beater

Eagle Ford Oil Production Poised to Be a Bakken Beater

As oil production continues its steep climb in the Eagle Ford Shale, the South Texas play is on track to surpass the Bakken, the shale oil production leader, in the near term, an RBC Capital Markets analyst said Wednesday.

May 31, 2013

People

John H. Williams, 94, a founding leader of natural gas midstream and pipeline giant Williams, died Wednesday at his home in Linville, NC. He had worked for Williams Brothers founders Dave and Miller beginning in 1938, and 11 years later he, his brother Charlie and cousin David bought the company. John Williams served as president and CEO until 1971 and as chairman and CEO from 1971 to 1979. One of his signature achievements was the 1966 purchase of Great Lakes Pipe Line, which at the time was substantially larger than his company. In his tenure as CEO, Williams’ market value increased from $25,000 in 1949 to $406.5 million in 1978. From 1964 to 1974, the average combined return to investors ranked No. 1 among Fortune 500 companies. John Williams is survived by his wife, Joanne, and three sons. “This is a huge loss to many of us personally and certainly for our great company,” said Williams CEO Alan Armstrong. “He has been an inspiration to all who have been lucky enough to know him.”

May 3, 2013

Ohio Energy Regime Overhaul Begins

When it goes into effect next month, Ohio’s SB 315 will bring regulatory change to the Ohio Department of Natural Resources (DNR) and four other state agencies, but that’s just the beginning of the changes the oil and gas industry can expect from the legislation, according to Craig Kasper, CEO of project development and engineering company Hull & Associates Inc.

August 30, 2012

Florida Eyeing Legislation to Expand NGVs

State legislation is likely next year in Florida to help boost the use of natural gas vehicles (NGV), according to a state House representative who is a leader on energy issues. The comments by state Rep. Lake Ray (R-Jacksonville) came as a Florida NGV organization was formed and an economic impact study released.

August 17, 2012
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