Steven

Transocean Ltd. CEO Steven Newman said the company’s management is confident that BP plc will honor the indemnification clause of its contract for the doomed Deepwater Horizon rig, whose sinking following an April 20 well blowout led to what is now considered the world’s largest unintentional oil spill.

The United States has the opportunity to lead the world in a new industrial energy revolution, but it has to begin today, Secretary of Energy Steven Chu said last week.

Apache Corp. is off to “fast start” in 2010 with eight consecutive successful wells in the Gulf of Mexico, CEO G. Steven Farris said Thursday.

Apache Corp. is off to “fast start” in 2010 with eight consecutive successful wells in the Gulf of Mexico, CEO G. Steven Farris said Thursday.

Steven Schoenfeld, a long-time futures trader, has been named director of the Commodity Futures Trading Commission’s Division of Market Oversight (DMO), succeeding Richard Shilts. Shilts, who has been DMO director since February 2006 and at the CFTC since 1974, will now become deputy director. Schoenfeld currently is president of consulting firm Global Index Strategies. Prior to Global Index, Schoenfeld was chief investment officer of Global Quantitative Management at Northern Trust; managing director at Barclays Global Investors; investment officer at the International Finance Corp./World Bank; and a futures trader at the Singapore Exchange. He has worked with futures and stock exchanges worldwide, including Tokyo, Paris, London, Hong Kong, Tel Aviv, Bangkok and Budapest. He will be moving to Washington, DC, from New York. The DMO handles the designation of new markets, the review of new futures and option products, the monitoring for and detection of market manipulation, and the protection of customers from market abuses.

Alaska’s new governor, Sean Parnell, has told U.S. Secretary of Energy Steven Chu his state is seeking federal stimulus funds for energy efficiency “in the least restrictive manner possible” now that Alaska lawmakers overrode his predecessor’s veto of the funds.

Alaska’s new governor, Sean Parnell, has told U.S. Secretary of Energy Steven Chu his state is seeking federal stimulus funds for energy efficiency “in the least restrictive manner possible” now that Alaska lawmakers overrode his predecessor’s veto of the funds.

In a forum stressing renewables at the Western Governors’ Association (WGA) annual meeting last Monday in Park City, UT, U.S. Department of Energy (DOE) Secretary Steven Chu said the view of natural gas in the energy mix is becoming more bullish for the next 10 years, given the breakthrough in obtaining economic supplies from shale. North American power generators are rethinking the role of gas over the next decade, Chu told the governors group, which issued a new policy resolution on renewable development in the West.

In a forum stressing renewables at the Western Governors’ Association (WGA) annual meeting Monday in Park City, UT, U.S. Department of Energy (DOE) Secretary Steven Chu said the view of natural gas in the energy mix is becoming more bullish for the next 10 years, given the breakthrough in obtaining economic supplies from shale. North American power generators are rethinking gas’s role over the next decade, Chu told the governors group, which issued a new policy resolution on renewable development in the West.