Pete

National Oilwell Varco Inc. (NOV) CEO Pete Miller believes a slump in North American onshore drilling will continue through this year, but the international energy equipment business is high on his radar, particularly in China.

In the story published Wednesday, “IHS: Technology to Push Domestic Reserves ‘Well Over’ 3,000 Tcf” (see Daily GPI, Aug. 15), IHS Inc.’s Pete Stark was misquoted. He said the United States today was “talking about launching U.S. exports,” not imports. NGI regrets the error.

Chesapeake Energy Corp. CEO Aubrey McClendon and National Oilwell Varco CEO Pete Miller, the lead independent director of the board, late Tuesday sent a letter to shareholders addressing”certain issues” raised last week by John Liu, the City of New York’s comptroller, who oversees the city’s pension funds.

Chesapeake Energy Corp. CEO Aubrey McClendon and National Oilwell Varco CEO Pete Miller, the lead independent director of the board, late Tuesday sent a letter to shareholders addressing “certain issues” raised last week by John Liu, the City of New York’s comptroller, who oversees the city’s pension funds.

With crude oil now topping $115/bbl and natural gas prices pressing $11/Mcf, U.S. Sen. Pete Domenici (R-NM) and 19 Republican cosponsors are backing legislation to dramatically increase domestic production of oil and natural gas through the unlocking of restricted territories for exploration.

With crude oil now topping $115/bbl and natural gas prices pressing $11/Mcf, U.S. Sen. Pete Domenici (R-NM) and 19 Republican cosponsors are backing legislation to dramatically increase domestic production of oil and natural gas through the unlocking of restricted territories for exploration.

Sen. Pete Domenici (R-NM) and House Democrats are pressing the Bush administration and Congress to extend renewable energy tax credits in the economic stimulus package that is currently being considered. The effort could gain more steam on Capitol Hill because, by including the energy tax credits in the stimulus plan, it would rule out the need to “pay for” the measure with offsetting tax hikes on the traditional oil and natural gas industries.

Expressing concern over the future of the energy bill (HR 6) pending in the Senate, Sen. Pete Domenici (R-NM) Monday offered an amendment to the $286 billion farm bill (HR 2419) that seeks to increase the nation’s use of renewable fuels over the next decade and a half.

Sen. Pete Domenici (R-NM) Tuesday criticized a subcommittee panel’s approval of an appropriations measure that would prohibit producers from bidding on future offshore leases unless they agree to renegotiate the flawed 1998 and 1999 leases they currently hold.