Lisa Stewart, who has served as president of El Paso Corp.’s exploration and production (E&P) unit for two and a half years, announced her resignation on Wednesday. Stewart, who will join private equity firm Warburg Pincus later this year, was instrumental in helping turn around the once-ailing E&P unit.
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Stone Energy Review Triggers Board Resignation, New Inquiry by Philadelphia Stock Exchange
An independent review of the oil and natural gas reserves booking system used by Stone Energy Corp. has triggered the resignation of board member and former CEO D. Peter Canty and directed management to request the resignations of an unnamed officer and senior manager associated with the reserve estimation process.
Energy Secretary Spencer Abraham Resigns
Energy Secretary Spencer Abraham last week turned in his resignation to President Bush, saying he will stay on until his successor has been installed.
Energy Secretary Spencer Abraham Resigns
Energy Secretary Spencer Abraham has tendered his resignation to President Bush, saying he will stay on until his successor has been installed.
Energy Secretary Spencer Abraham Resigns
Energy Secretary Spencer Abraham has tendered his resignation to President Bush, saying he will stay on until his successor has been installed.
Semco CEO Steps Down After Board Decision
Semco Energy announced the resignation of its chairman, president and CEO, Marcus Jackson, Wednesday, after its board determined that new leadership is needed because the company has not reached certain financial goals. Semco shares rose 2.4% to $5.03 on the news.
Semco CEO Steps Down After Board Decision
Semco Energy announced the resignation of its chairman, president and CEO, Marcus Jackson, Wednesday, after its board determined that new leadership is needed because the company has not reached certain financial goals. Semco shares rose 2.4% to $5.03 on the news.
Arizona Regulator Resigns; Governor Names Aide to Fill Vacancy
With the resignation of a regulator facing possible impeachment, Arizona Gov. Janet Napolitano last Thursday named one of her aides to the five-member, elected Arizona Corporation Commission (ACC) to fill out the term of the departed commissioner. Kristin Mayes, the governor’s press aide, assumed a seat on the ACC, for which she will have to campaign in the November 2004 election for a full term.
People
Glen L. Kettering, president of Columbia Gas, is assuming the additional responsibilities of heading up Columbia Gulf, due to the resignation of Terrance L. McGill. Columbia Gulf said McGill voluntarily left the company to pursue other activities in the Houston area. Promoted to senior vice president positions in the recent restructuring of the NiSource subsidiaries are James W. Hart Jr., who heads Columbia Gulf’s marketing and business development activities, and Rene P. Dartez, who directs the company’s financial planning and budgeting functions.
Andersen No Longer Wants to Be Auditor for EOTT, Northern Border
EOTT Energy Partners LP and Northern Border Pipeline said Arthur Andersen LLP no longer wants to be their auditor. The two companies said Andersen indicated its resignation was due to “concerns about its ability, under professional standards regarding independence, to continue to act as auditor…in light of recent events involving Enron Corp.”