Marathon Oil Corp. CEO Charles Cazalot will be required to step down in three years when he turns age 65, but the company has a succession planning process in place, Cazalot said during an earnings conference call. Last December COO David Roberts left the company with less than a week’s notice “to pursue other interests.” Cazalot said Marathon has a “very strong team and the company is in very good hands, and succession planning for the leadership team is a critical priority.” Roberts had been viewed by some as a successor to Cazalot.
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NGSA: Colder Winter Means ‘Soft’ Upward Price Pressure
In the fall, a natural gas producer’s heart turns to selling more gas at higher prices. This winter should be somewhat colder — and more rewarding to producers — than last, according to the Natural Gas Supply Association’s (NGSA) Winter Outlook, released last Wednesday.
NGSA: Colder Winter Means ‘Soft’ Upward Price Pressure
In the fall, a natural gas producer’s heart turns to selling more gas at higher prices. This winter should be somewhat colder — and more rewarding to producers — than last, according to the Natural Gas Supply Association’s (NGSA) Winter Outlook, released Wednesday.
Tuscaloosa Trending — Check Back in Six Months
Whether the Tuscaloosa Marine Shale turns out to be the kind of prospect that ranks among energy industry biggies is still a waiting game, one of the trend’s followers said last week.
Tuscaloosa Trending — Check Back in Six Months
Whether the Tuscaloosa Marine Shale turns out to be the kind of prospect that ranks among energy industry biggies is still a waiting game, one of the trend’s followers said Tuesday.
Senate Committee Urged to Keep Tax Breaks for IDCs
Energy industry experts on Tuesday urged the U.S. Senate Finance Committee to keep federal tax deductions for intangible drilling costs (IDC) and consider a uniform corporate rate as it considers comprehensive tax reform.
New North American LNG Export Project ‘Mobile’
If the burst of shale gas supplies in British Columbia (BC) turns into a source of liquefied natural gas (LNG) for the Far East, the $300-400 million Kitimat export facility being conceived by engineering consultants is likely to be a moveable feast.
Analyst Sees Shale Gas ‘Learning Curve’ Unfolding in California
There is no doubt that shale gas will be a factor in future natural gas supply forecasts, but how big the role that turns out to be is still uncertain as a “huge learning curve” accelerates, a lead gas analyst at the California Energy Commission (CEC) told NGI last Friday.
Hydrofracking Debated in Ohio Newspaper
Supporters and opponents of hydraulic fracturing (hydrofracking) have taken turns voicing their opinions in an Ohio newspaper in Marcellus territory this month, just days after a nonprofit organization declared the state’s program regulating the practice to be well managed.
Letter Writers Spar Over Hydrofracking in Ohio
Supporters and opponents of hydraulic fracturing (hydrofracking) have taken turns voicing their opinions in an Ohio newspaper in Marcellus territory this month, just days after a nonprofit organization declared the state’s program regulating the practice to be well managed.