Ben van Beurden, 55, who was appointed downstream director and a member of the executive committee for Royal Dutch Shell plc in January, was named to succeed Peter Voser as CEO on Jan. 1 (see NGI, May 6). Van Beurden has been responsible for refining and marketing businesses, as well as overseeing the trading companies. He also is responsible for the petrochemicals manufacturing and marketing business, which has been eyeing expansions in the United States because of increased natural gas activity, as well as the gas-to-liquids business. He joined Shell in 1983 and has worked in Houston, the Netherlands, Africa, Malaysia and most recently, the UK. He is credited with helping to turn the petrochemicals operations to profitability after several quarters of big losses. The Dutch national earned a master’s degree in chemical engineering from Delft University of Technology in the Netherlands.
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Interior Deputy Secretary David Hayes, who many speculated was on the short list to succeed former Interior Secretary Ken Salazar, has said that he expects to leave the department at the end of June. After serving more than four years in the Obama administration, he plans to serve as senior fellow at the Hewlett Foundation and teach at Stanford Law School in the fall. “I am grateful for his wisdom and guidance to me throughout this transition, and I wish him the best as he heads out to California for this next chapter,” said newly appointed Interior Secretary Sally Jewell.
Obama Taps Charlotte Mayor to Head DOT
President Obama Monday tapped Anthony Foxx, the mayor of Charlotte, NC, to succeed Ray LaHood as secretary of the Department of Transportation (DOT), which oversees the safety of the nation’s natural gas and hazardous pipeline infrastructure, as well as roads, airports and railways.
REI CEO Tapped as Interior Secretary
President Obama Wednesday named Recreational Equipment Inc. (REI) CEO Sally Jewell as his nominee for secretary of the Department of Interior, to succeed Ken Salazar, who is departing at the end of March.
REI CEO Jewell Tapped as Interior Secretary
President Obama Wednesday named Recreational Equipment Inc. (REI) CEO Sally Jewell as his nominee for secretary of the Department of Interior, to succeed Ken Salazar, who is departing at the end of March.
UGI Pipeline, Compressor Station Subject to Public Hearing
In a bid to succeed in a part of Pennsylvania’s Marcellus Shale where two other companies have failed, officials with a midstream subsidiary of UGI Corp. will attend Tuesday night’s public hearing before the Luzerne County Planning Commission to field questions about the company’s proposal to build a natural gas pipeline and compressor station.
Pay Attention to the States, Shale Contractor Says
If operators and service companies want to succeed in shale plays, they should keep an eye on state regulators, even in states far from where they plan to operate, “simply because those regulations tend to get passed around,” said a contractor active in shale.
Pay Attention to the States, Shale Contractor Says
If operators and service companies want to succeed in shale plays, they should keep an eye on state regulators, even in states far from where they plan to operate, “simply because those regulations tend to get passed around,” said a contractor active in shale plays.
Shale, Midstream Deals Drive 2Q2011 Merger Activity
The desire to acquire shale acreage and midstream assets in the United States continues to be strong, with domestic natural gas and oil mergers and acquisitions (M&A) values reaching $39 billion in the second quarter, according to an analysis by PwC US.
CFTC Nominee Says He’s Up to the Task
Mark P. Wetjen, President Obama’s nominee to succeed the departing Commissioner Michael Dunn at the Commodity Futures Trading Commission (CFTC), assured a Senate panel Thursday that he will be able to make informed and reasoned rulemaking decisions to implement the Dodd-Frank Wall Street Reform Act, although he will be late to the game.
