Remain

Polls Show New Yorkers Split on Fracking; DEC May Miss Deadline

Two polls show New Yorkers remain evenly split on the issue of hydraulic fracturing (fracking), but one poll shows opponents of the practice could cause more political damage to Gov. Andrew Cuomo if it ultimately is approved.

February 5, 2013

People

DCP Midstream LLC and DCP Midstream Partners LP made several management and board changes effective Jan. 1. Tom O’Connor will retire as CEO of DCP Midstream but will remain chairman of the board for both DCP Midstream and DCP Midstream GP LLC, the general partner of DCP Midstream Partners, “until an appointed time in 2013.” Wouter van Kempen, formerly COO and president of DCP Midstream, will become CEO and president of DCP Midstream and CEO of the general partner. William Waldheim, president of the general partner, will join the general partner’s board. And, as had previously been announced, Mark Borer retired as CEO of the general partner on Dec. 31.

January 7, 2013

People

DCP Midstream LLC and DCP Midstream Partners LP made several management and board changes effective Jan. 1. Tom O’Connor will retire as CEO of DCP Midstream but will remain chairman of the board for both DCP Midstream and DCP Midstream GP LLC, the general partner of DCP Midstream Partners, “until an appointed time in 2013.” Wouter van Kempen, formerly COO and president of DCP Midstream, will become CEO and president of DCP Midstream and CEO of the general partner. William Waldheim, president of the general partner, will join the general partner’s board. And, as had previously been announced, Mark Borer retired as CEO of the general partner on Dec. 31.

January 7, 2013

Morningstar Cuts Natural Gas Price Forecast

Morningstar Inc. has revised its marginal cost estimate for U.S. natural gas down to $5.40/Mcf from a prior projection of $6.50, but analysts said they remain bullish about prices over the long term.

January 7, 2013

People

DCP Midstream LLC and DCP Midstream Partners LP made several management and board changes effective Jan. 1. Tom O’Connor will retire as CEO of DCP Midstream but will remain chairman of the board for both DCP Midstream and DCP Midstream GP LLC, the general partner of DCP Midstream Partners, “until an appointed time in 2013.” Wouter van Kempen, formerly COO and president of DCP Midstream, will become CEO and president of DCP Midstream and CEO of the general partner. William Waldheim, president of the general partner, will join the general partner’s board. And, as had previously been announced, Mark Borer retired as CEO of the general partner on Dec. 31.

January 4, 2013

Morningstar Cuts U.S. Natural Gas Price Forecast

Morningstar Inc. on Thursday revised its marginal cost estimate for domestic natural gas down to $5.40/Mcf from a prior projection of $6.50, but analysts said they remain bullish about prices over the long term.

December 28, 2012

Permian Lifts Devon’s Output; Drilling Oil-Focused

Onshore unconventional powerhouse Devon Energy Corp. plans to spend “significantly less” on exploration in 2013, but exploration activity still will remain at 2012 levels, CEO John Richels said last week.

November 12, 2012

Permian Lifts Devon’s Production Numbers

Onshore unconventional powerhouse Devon Energy Corp. plans to spend “significantly less” on exploration in 2013, but exploration activity still will remain at 2012 levels, CEO John Richels said Wednesday.

November 9, 2012

Oregon LNG Undeterred by Court Ruling

Developers of a proposed liquefied natural gas (LNG) import-export project at the mouth of Oregon’s Columbia River remain undaunted by a court ruling last month that upheld reversing county permitting approval.

November 5, 2012
Chesapeake Still ‘Battling Natural Gas Headwinds,’ Says McClendon

Chesapeake Still ‘Battling Natural Gas Headwinds,’ Says McClendon

Chesapeake Energy Corp. can see some daylight following the deluge of U.S. natural gas, but it won’t be until the end of the year that the producer is able to report a decline in domestic output, CEO Aubrey McClendon said Friday.

November 5, 2012