ChevronTexaco Corp. announced Friday that Vice Chairman Richard Matzke will retire early next year after more than 40 years of service. Matzke will be succeeded by Peter Robertson, currently vice president of ChevronTexaco and president of ChevronTexaco Overseas Petroleum (CTOP). Additionally, George Kirkland, currently vice president of ChevronTexaco and president of ChevronTexaco North America Exploration and Production (CTNAEP), will succeed Robertson as president of CTOP. Ray Wilcox, currently managing director of ChevronTexaco’s Nigeria/Mid-Africa Strategic Business Unit, will succeed Kirkland as president of CTNAEP. Wilcox will also become a vice president of ChevronTexaco. Matzke joined Chevron in 1961 as a geologist in Louisiana and over the years advanced through a number of executive positions. He was elected a director of Chevron in 1997, and vice chairman of the board in January 2000. Robertson, who joined Chevron in 1973, became a vice president of Chevron Corp., responsible for strategic planning, in 1994. He became president of Chevron U.S.A. Production Co. from 1997 until assuming his current position.
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House Dems Urge Abraham To Re-impose Service Prices
A number of top House Democrats, including Minority Leader Richard Gephardt (D-MO), recently urged Secretary of Energy Spencer Abraham to initiate a rulemaking at the Federal Energy Regulatory Commission to re-impose cost of service prices for all wholesale power sales in California and the other 12 states in the Western Systems Coordinating Council, including full refunds back to October of last year.
House Dems Urge Abraham To Re-impose Service Prices
A number of top House Democrats, including Minority Leader Richard Gephardt (D-MO), last week urged Secretary of Energy Spencer Abraham to initiate a rulemaking at the Federal Energy Regulatory Commission to re-impose cost of service prices for all wholesale power sales in California and the other 12 states in the Western Systems Coordinating Council, including full refunds back to October of last year.
Cheney Talks Energy on Capitol Hill
Sen. Frank Murkowski (R-AK) emerged from a 45-minute meetingwith Vice President Richard Cheney yesterday to announce that theRepublican leaders in the Senate will introduce their wide-rangingenergy bill “early next week.”
Cheney to Head Up Energy Task Force
President Bush announced yesterday he is setting up aCabinet-level task force that will be led by Vice President RichardCheney to tackle the worsening energy problems facing the nation.
El Paso Rejects Bids on California Capacity
El Paso Natural Gas President Richard Baish said the pipelinerejected all of the bids for available California-bound capacity onits system during the second open season, which ended yesterday.
Interim Restructuring Proposal Floated in Southern CA
The possibility of a quick-fix, interim settlement that wouldopen up receipt points on the Southern California Gas Co.transmission system emerged as the only positive development fromanother round of all-party talks last week, according to one of themajor shippers attending the session. It came at the conclusion ofthe all-day session in a downtown LA hotel. Talks are expected toresume Sept. 23, with a counter-proposal from Enron being offeredfor discussion prior to a SoCalGas all-parties meeting. Othermeetings among some of the parties will be held Sept. 15.
Peoples Energy Eyes Alternative Project to Wisconsin
Peoples Energy Chairman Richard E. Terry indicated last week hiscompany was talking with potential partners about building analternative pipeline project that would extend from the Chicago hubto serve the southern Wisconsin market.
Peoples Mulls New Wisconsin Pipeline
Peoples Energy Chairman Richard E. Terry indicated Tuesday thathis company is talking with potential partners about building analternative pipeline project that would extend from the Chicago hubto serve the southern Wisconsin market.