New York State Comptroller Thomas DiNapoli is urging the Department of Environmental Conservation (DEC) to adopt his proposal for an industry-funded program that would help pay for possible damages attributed to development in the Marcellus Shale.
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Southern Sees Upsurge in Gas-Fired Generation
In the heart of coal-fired and nuclear generation, the southeastern United States, natural gas is moving up fast in the power generation fuel mix, according to Southern Cos. CEO Thomas Fanning, who heads one of the region’s largest utilities.
New York Assembly Once Again Pushes Fracking Ban
The New York Assembly has overwhelmingly approved legislation to limit hydraulic fracturing (fracking) in the state’s portion of the Marcellus Shale, but whether the latest attempt to limit drilling will be approved in the state Senate remained a question on Tuesday.
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Thomas S. Liberatore has joined Eclipse Resources as a partner, executive vice president and COO, the State College, PA-based oil and gas company said. Liberatore, who resigned as vice president of Cabot Oil & Gas Corp.’s East region following a restructuring there two years ago (see Daily GPI, June 1, 2009), is a member of the American Association of Petroleum Geologists and the Appalachian Geological Society, has served on the board of directors of the West Virginia Oil and Natural Gas Association and is a past president of the Independent Oil & Gas Association of West Virginia. Additionally, Brian Panetta, who was previously a geologist with Waco Oil & Gas and a senior geologist for Chesapeake Energy Corp., has joined Eclipse as vice president of geology. Eclipse focuses on the acquisition, exploration and development of unconventional oil and natural gas properties in the Appalachian Basin, including the Marcellus Shale, Utica Shale and Upper Devonian shales.
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Thomas S. Liberatore has joined Eclipse Resources as a partner, executive vice president and COO, the State College, PA-based oil and gas company said. Liberatore, who resigned as vice president of Cabot Oil & Gas Corp.’s East region following a restructuring there two years ago (see Daily GPI, June 1, 2009), is a member of the American Association of Petroleum Geologists and the Appalachian Geological Society, has served on the board of directors of the West Virginia Oil and Natural Gas Association and is a past president of the Independent Oil & Gas Association of West Virginia. Additionally, Brian Panetta, who was previously a geologist with Waco Oil & Gas and a senior geologist for Chesapeake Energy Corp., has joined Eclipse as vice president of geology. Eclipse focuses on the acquisition, exploration and development of unconventional oil and natural gas properties in the Appalachian Basin, including the Marcellus Shale, Utica Shale and Upper Devonian shales.
Dardens Drop Bid for Quicksilver
Quicksilver Energy LP of Fort Worth, TX, and the members of the Darden family — including CEO Glenn Darden and Chairman Thomas Darden — have scrapped talks of a buyout that would have taken the company private, they said Thursday.
Dominion Mulls LNG Exports From Cove Point
With Marcellus Shale natural gas as its supply backbone, Dominion Cove Point LNG could be reconfigured to export liquefied natural gas (LNG) to overseas markets, Dominion CEO Thomas Farrell said last week.
CERAWeek: Dominion Mulls LNG Exports From Cove Point
With Marcellus Shale natural gas as its supply backbone, Dominion Cove Point LNG could be reconfigured to export liquefied natural gas (LNG) to overseas markets, Dominion CEO Thomas Farrell said Wednesday.
People
FERC Chairman Jon Wellinghoff has tapped Thomas R. Sheets, a partner in the Las Vegas law firm of McDonald Carano Wilson, to be general counsel of the Federal Energy Regulatory Commission, succeeding Cynthia Marlette. Sheets has more than 32 years of energy industry, administrative practice and regulatory hearing experience. He has served as chairman of the Nevada Tax Commission for the past four years and was senior vice president and general counsel of Southwest Gas Corp. As FERC general counsel, Sheets will represent the Commission before the courts and Congress and will be responsible for the legal aspects of the agency’s activities.
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Thomas Myers “Tom” Hunt, who went to work for his uncle, the legendary wildcatter H.L. Hunt, before World War II and eventually chaired privately held Hunt Petroleum, died Tuesday in Dallas at the age of 85. Tom Hunt was working in the oilfields in the 1930s and was said to have impressed his uncle, who hired him as an adviser. The younger Hunt eventually rose to manage all of the family’s operations, and he negotiated some of the oil company’s most important transactions. Earlier this year he negotiated the company’s acquisition by XTO Energy Corp. for nearly $4.2 billion (see Daily GPI, June 11). A life-long bachelor, Hunt was said to avoid publicity, and he preferred answering his own phone, associates said.