Genesis Energy operates this crude oil pipeline in Texas City. (J. Patric Schneider/For the Chronicle)

Energy Transfer shares fall after CFO swap

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The Dallas-based pipeline company said Thomas Long would succeed Jamie Welch as CFO.
The West Texas sky silhouettes a Linn Energy pumpjack in the Permian basin. (Linn Energy)

Linn Energy stock plummets as it weighs potential bankruptcy

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Linn’s stock value dropped Friday from $1.20 a unit at Thursday’s close down to about 50 cents per unit after the struggling, heavily-indebted business said Thursday it is considering all strategic options, including a bankruptcy filing.
Linn Energy CFO Kolja Rockov (far left) and and then-Senior Vice President of Business Development David Rottino (far right) pictured with other Linn executives in front of the NASDAQ exchange in New York City in 2011. (Linn Energy handout)

Linn Energy considers filing for bankruptcy amid financial strain

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Linn, which borrowed billions of dollars to expand during the height of the shale oil boom, saw its stock value sink below $1 a unit for the first time in January.
Frank's International CEO Donald Mosing.

Former Frank’s International boss steps down from board chairman role

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Keith Mosing will move into a new role as a board director, and his day-to-day activities as an employee of Frank’s will cease, a company release said.
Southwestern Energy Co.'s corporate headquarters near The Woodlands. (Southwestern Energy)

Southwestern names new CEO

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Southwestern Energy Co. has picked top lieutenant Bill Way to be its new chief executive, as outgoing CEO Steven Mueller prepares to retire later this year.
Richard D. Kinder Chairman of the Board and CEO of Kinder Morgan, Inc. during the luncheon keynote IHS Energy CERAWeek Wednesday April 22, 2015 at the Hilton Americas-Houston. (Billy Smith II / Houston Chronicle)

In 2015, more than a dozen new faces stepped into energy CEO roles

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Some of the most notable changes were at Houston-based companies.
James R. "Jim Bob" Moffett, chairman of McMoRan Oil and Gas, speaks during the Society of Independent Professional Earth Scientists luncheon at the Petroleum Club Thursday, Feb. 18, 2010, Houston. (Brett Coomer/Chronicle)

Freeport-McMoRan chair and co-founder Moffett resigns

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The company is one of the world’s biggest producers of gold and copper, both of which have tumbled in value this year.
Fuel prices are displayed at an Exxon Mobil Corp. gas station in Richmond, Kentucky, U.S., on Wednesday, April 29, 2015. Exxon Mobil Corp. is scheduled to release earnings data on April 30. Photographer: Luke Sharrett/Bloomberg

Look who’s hiring a climate researcher (it’s Exxon)

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Job ads can offer a useful peek into what companies actually want to do, and corporate watchdogs routinely comb them for clues.
Charif Souki, chairman and chief executive officer of Cheniere Energy Inc., speaks during the 2015 IHS CERAWeek conference in Houston, Texas, U.S., on Wednesday, April 22, 2015. CERAWeek 2015, in its 34th year, will provide new insights and critically-important dialogue with decision-makers in the oil and gas, electric power, coal, renewables, and nuclear sectors from around the world. Photographer: Aaron M. Sprecher/Bloomberg *** Local Caption *** Charif Souki

Investors, Icahn react to Cheniere’s CEO departure

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The change comes after clashes between Cheniere’s leadership and some investors over their vision for the company’s future.
Charif Souki, former CEO of Cheniere Energy speaks during an interview. (James Nielsen/Houston Chronicle)

Cheniere replaces CEO Charif Souki

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Souki’s departure comes after a long-running clash with activist investor Carl Icahn.