Nymex President J. Robert “Bo” Collins has turned down a new contract with the exchange, possibly in response to a request to take a pay cut following a rumored disagreement with the board over whether to accept an offer by Boston-based equity firm Parthenon Capital LLC to buy a majority stake in the exchange.
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Articles from Robert
Byrd Presses President about Promised Benefits in His National Energy Plan
Sen. Robert C. Byrd (D-WV) has accused President Bush of failing to deliver on any of the promised benefits in his national energy plan, which marked its three-year anniversary last week.
KeySpan Reports Higher Earnings, Plans to Sell Remaining Houston Exploration Stake
KeySpan Corp. plans to sell or spin off its remaining 55% stake in The Houston Exploration Co. this year, said Robert Catell, CEO of KeySpan, the largest gas distributor in the Northeast. The company has been reducing its stakes in various non-core businesses, with an eye toward cutting debt to 50% of its market capitalization by the end of the year and acquiring power and gas assets.
AGA Chairman Sees Lofty Gas Prices as Permanent Fixture This Winter
American Gas Association (AGA) Chairman Robert Best told security analysts last week that they should get used to the higher natural gas prices because they were going to be around for the entire winter season.
AGA Chairman Sees Lofty Gas Prices as Permanent Fixture This Winter
American Gas Association (AGA) Chairman Robert Best told security analysts earlier this week that they should get used to the higher natural gas prices because they were going to be around for the entire winter season.
AL Governor Wants Safety Study Before ExxonMobil Builds LNG Plant
Alabama Gov. Robert Riley last week warned FERC and the state port authority that he would block the sale of state-owned land outside of Mobile, AL, to ExxonMobil Corp. to site a liquefied natural gas (LNG) import terminal unless the agency first conducts an independent, site-specific study of the potential hazards facing the public.
AL Governor Wants Safety Study Before ExxonMobil Builds LNG Plant
Alabama Gov. Robert Riley this week warned FERC and a state port authority that he would block the sale of state-owned land outside of Mobile, AL, to ExxonMobil Corp. to site a liquefied natural gas (LNG) import terminal unless the agency first conducts an independent, site-specific study of the potential hazards facing the public.
Christmas Spirit: Company Morality Pays Off for KeySpan
Standing out as a bright spot of corporate morality, the team formed at KeySpan Corp. of CEO Robert Catell and Corporate Ombudsman Kenny Moore show how a company can be successful by operating the right way. The story of the unlikely duo, which pairs a large company CEO with a former monk, is told in a new book: “The CEO & The Monk, One Company’s Journey to Profit and Purpose.”
El Paso Price Reporting Case Continues
Responding to an inter-office email in October 2000, J. Robert (Bo) Collins the current head of the New York Mercantile Exchange (Nymex), then employed by El Paso Corp., advised El Paso traders to report only verifiable price information to index developers rather than El Paso’s own “book bias,” according to documents filed in a Houston court case.
Anadarko’s Allison Steps Aside, Devon COO Hackett Takes Over
Anadarko Petroleum Corp.’s Robert J. Allison stepped down last week as the company’s president and CEO to make room for James T. Hackett, 49, who had been president and COO of Devon Energy Corp. Allison will continue as chairman until Jan. 1, then will serve as the non-executive chairman.