Steven

FERC: Economic Downturn, Lower Prices Not Slowing Demand

Despite the economic downturn and a drop in natural gas prices there has not been much of a decline in demand, according to Steven Reich, deputy director of the Division of Market Oversight in FERC’s Office of Enforcement.

May 25, 2009

FERC: Economic Downturn, Lower Prices Not Slowing Demand

Despite the economic downturn and a drop in natural gas prices there has not been much of a decline in demand, according to Steven Reich, acting director of FERC’s Office of Enforcement.

May 22, 2009

People

Steven L. Mueller has been promoted to CEO of Southwestern Energy Co. Mueller joined Southwestern in June 2008 as president and COO. A graduate of the Colorado School of Mines, Mueller previously worked for Tenneco Oil Co., Fina Oil Co., American Exploration Co., Belco Oil & Gas Co., The Houston Exploration Co. and CDX Gas LLC. Harold M. Korell, who is stepping down as Southwestern’s CEO, was appointed to serve as executive chairman until his retirement in early 2010, after which he would become the nonexecutive chairman.

May 21, 2009

Chu Earmarks $2.4B for Clean Coal

Breathing fresh life into the possibility of new coal-fired power plant development, U.S. Secretary of Energy Steven Chu late last week pledged that $2.4 billion from the American Recovery and Reinvestment Act will be used to expand and accelerate commercial deployment of carbon capture and storage (CCS) technology.

May 18, 2009

Energy Secretary Chu Says Transformation Under Way

U.S. Secretary of Energy Steven Chu said last Wednesday that while the country faces a number of challenges with electricity infrastructure in an ever-changing environment, the new administration is ready to promote a new, more intelligent system through green-lighting loan guarantees for new projects and investing in the nation’s smart grid and in new sources of renewable energy.

February 23, 2009

People

Apache Corp. CEO G. Steven Farris has formed an office of the chief executive, which will include CFO Roger B. Plank, Co-COO John A. Crum and Co-COO Rodney J. Eichler. Plank, Crum and Eichler have separate functional responsibilities, but “they will have joint and equal roles in the daily decision making and direction of the company,” Farris said. In addition to his current responsibilities, Plank will lead the business development, internal audit and policy and governance groups. Crum will lead the Gulf Coast, central and Canada regions, as well as the worldwide drilling, corporate environmental health and safety and purchasing groups. Eichler will lead the North Sea, Egypt, Australia and Argentina regions.

February 18, 2009

Interior, Energy Secretaries Sworn in at White House

Sen. Ken Salazar (D-CO) and Nobel Prize-winning physicist Steven Chu were sworn in Wednesday at the White House as secretaries of the departments of Interior and Energy, respectively.

January 22, 2009

Oil and Gas Get Short Shrift at Confirmation Hearing for DOE Secretary

The Energy Department secretary nominee, eminent physicist Steven Chu, sailed unscathed last week through an extensive round of questions from Senate Energy and Natural Resources Committee members, who generally indicated their respect and support for the Nobel laureate and director of the Lawrence Berkeley National Laboratory. Members then launched into their pet projects, spanning a wide range of energy options for the new administration to pursue.

January 19, 2009

Oil and Gas Get Short Shrift at Confirmation Hearing for DOE Secretary

The Energy Department secretary nominee, eminent physicist Steven Chu, sailed unscathed Tuesday through an extensive round of questions from Senate Energy and Natural Resources Committee members, who generally indicated their respect and support for the Nobel laureate and director of the Lawrence Berkeley National Laboratory. Members then launched into their pet projects, spanning a wide range of energy options for the new administration to pursue.

January 14, 2009

Obama Picks Nobel Prize-Winning Physicist to Head DOE

President-elect Barack Obama has picked Nobel Prize-winning physicist Steven Chu, who runs the Lawrence Berkeley National Laboratory at the University of California, to be secretary of the Department of Energy (DOE) in his administration, and has selected experienced regulators to oversee three other offices dealing with energy, environmental and climate-change issues, Washington sources said. No formal announcement had been issued Thursday morning.

December 12, 2008