Veteran

El Paso Corp. has appointed Lisa A. Stewart, an Apache Corp. veteran, as president, Production and Non-regulated Operations. Stewart will oversee all of the Houston-based company’s production, midstream, power, marketing and petroleum businesses. Stewart, who will assume her position on Feb. 1, 2004, is currently executive vice president, Business Development and E&P Services for Apache Corp. Stewart earned a degree in petroleum engineering from the University of Tulsa in 1981 and went to work for Cities Service Co. Since 1984 she has worked for Apache and has steadily progressed through various management positions. In her current role, she is responsible for strategic business activities, including acquisitions.

A 32-year veteran of efforts to build an Arctic natural gas pipeline is betting against one being constructed from either Alaska or the Mackenzie Delta. Harvie Andre, chairman of Arctigas Resources Corp., said “it’s just a small bet (C$100, US$66). I hope I’m wrong. But it smells like the 1970s all over again.”

A 32-year veteran of efforts to build an Arctic natural gas pipeline is betting against one being constructed from either Alaska or the Mackenzie Delta. Harvie Andre, chairman of Arctigas Resources Corp., said “it’s just a small bet (C$100, US$66). I hope I’m wrong. But it smells like the 1970s all over again.”

Energy trading and marketing will come back, veteran energy analyst John Olson believes, and “I think E&P will be the sector driving the train.”

Energy trading and marketing will come back, veteran energy analyst John Olson believes, and “I think E&P will be the sector driving the train.”

Reversing the old saying, “if it ain’t broke, don’t fix it,” Ben Schlesinger of Benjamin Schlesinger and Associates said last week that unfortunately the energy market is broken and desperately needs to be fixed soon.

The current commissioners on the Federal Energy Regulatory Commission “may be planting the seeds for a massive failure of the energy infrastructure,” a veteran market analyst said on Wednesday, citing “the most unprecedented and blatantly political decision” made by FERC’s chief law judge against El Paso Corp.

The current commissioners on the Federal Energy Regulatory Commission “may be planting the seeds for a massive failure of the energy infrastructure,” a veteran market analyst said on Wednesday, citing “the most unprecedented and blatantly political decision” made by FERC’s chief law judge against El Paso Corp.

A veteran analyst of natural gas fundamentals sees a very tight balance between supply and demand with prices rising to well over $4.00 by February.