SandRidge Energy Inc. Tom Ward, who founded the company in 2006 and has been its only chairman and CEO, was ousted by the board on Wednesday and replaced by current President James Bennett.
Wednesday
Articles from Wednesday
First Reserve, Midstream Veterans Launch North American Venture
Century Midstream LLC, whose focus primarily will be to develop and expand emerging liquids plays across North America, was launched Wednesday by private equity energy firm First Reserve Corp. and a team of seasoned midstream veterans.
California Directs $44M to Alternative Transportation
Under its statewide program dispersing more than $100 million annually, the California Energy Commission (CEC) Wednesday directed more than $44 million to boost the alternative transportation fuel sector. It included $18 million to expand hydrogen fueling for future fuel cell transportation and another $4.8 million for 19 natural gas and propane transportation projects.
House Panel Passes Offshore Bill Over Democrats’ Objections
Republicans on the House Natural Resources Committee Wednesday approved legislation that would expand offshore energy production to include the East and West Coasts, and would extend revenue-sharing to all coastal states.
Portland Mayor Urges Oregon to Drop Fossil Fuel Investments
In the context of opening a United Nations (UN) environmental event in his city Wednesday, Portland, OR, Mayor Charlie Hales called for several Oregon state investment funds to purge themselves of holdings in fossil fuel companies. The state’s largest city already has taken that step, Hales said.
CPUC Staff Insists that PG&E Deserves $2.25B Pipeline Fine
Safety staff at the California Public Utilities Commission (CPUC) on Wednesday reiterated their rationale for a proposed $2.25 billion penalty against Pacific Gas and Electric Co. (PG&E) in a reply to the utility’s recent filing in the CPUC penalty consideration cases arising out of a natural gas transmission pipeline rupture and explosion in San Bruno, south of San Francisco (see Daily GPI, May 7).
Canadian Pipelines Renew Vows to Safety
The chief executives of Canada’s five biggest pipeline companies lined up Wednesday to vow to elevate safety to a top priority.
San Bruno Mayor Calls for Probe of CPUC Legal Team Change
The mayor of San Bruno, CA — where a natural gas transmission pipeline rupture and explosion killed eight nearly three years ago — on Wednesday called for the California Attorney General’s Office and state lawmakers to investigate replacement of the state regulatory legal team investigating the event.
Wellinghoff to Step Down as FERC Chairman
Jon Wellinghoff, whose term as FERC Chairman is due to expire June 30, has submitted a letter of resignation to President Obama, a spokesman said Wednesday.
Wellinghoff to Step Down as FERC Chairman
Jon Wellinghoff, whose term as FERC Chairman is due to expire June 30, has submitted a letter of resignation to President Obama, a spokesman said Wednesday.