Category: People

They just don’t write songs about the oil patch… or do they?

Did you hear the Lady Gaga song about drilling mud and well completions? No? That’s because there isn’t one. But there are other tunes out there that glorify, vilify and lament work in the oil patch.  More »

Fastow could be home in June

The former Enron finance chief may stay only a month at the Houston halfway house where he arrived this week. Fastow is eligible for in-home confinement — under which he can live at home with his wife and two sons under some restrictions – on June 17.  More »

Fastow could be back in his own home next month

Former Enron CFO Andrew Fastow is eligible to move from a Houston halfway house such as the one pictured here to in-home confinement as early as June 17. Fastow’s former Enron colleague, Richard Causey, is already finishing his sentence at home.  More »

Enron’s Andy Fastow returns to Houston

Former Enron CFO Andrew Fastow was moved to a halfway house in Houston to serve out the rest of his sentence for pleading guilty to conspiracy.  More »

Who are the new Rockefellers?

On the 100th anniversary of the ruling that broke up the Standard Oil monopoly, Loren Steffy ponders who would be considered the great oil visionaries of the post-Rockefeller era. Or put another way, who’s the Steve Jobs or Bill Gates of energy?  More »

Report: Libyan oil minister defects to Tunisia

He is one of the the highest profile figures to abandon Moammar Gadhafi’s government amid fighting between the military and rebels.  More »

Woodside names Coleman as CEO

Woodside Petroleum selected Peter Coleman, a 27-year veteran with Exxon Mobil, as its new chief executive, showing how energy companies increasingly prize expertise in major natural-gas developments. (Via WSJ)  More »

ConocoPhillips CEO calls tax proposal unfair

ConocoPhillips CEO James Mulva said Wednesday that major oil companies are being unfairly targeted by proposals to cut tax breaks that backers say could raise billions to help reduce the U.S. deficit. Mulva and the CEOs of Exxon Mobil and Chevron are scheduled to testify against the tax proposals today in Washington.  More »

Energy execs among the ranks of well-paid CEOs

Oxy’s Ray Irani makes the Top 50 list at No. 2. Find out where the leaders of Exxon, Apache, Chesapeake and others landed.  More »

In the dark, death traveled one mile in 20 seconds

A random event set off the Alaska avalanche that ended the life of Houston energy-company manager and mountain climber Chris Lackey.  More »

Gasoline Prices Weigh on Americans’ View of Economy

This post was written by James Coan, Research Associate at the Baker Institute Energy Forum. Oil prices nosedived by the largest amount in two years on increasing concerns about the U.S. economy. Slower U.S. recovery means lower oil demand and with no additional negative news coming from the Middle East, oil traders have begun to […]  More »

OTC 2011 party circuit: Dockwise does it up at ZaZa

Guests were treated to decadent hors d’oeuvres, cocktails and live jazz in Hotel ZaZa’s Hemingway and Deja Vu rooms to celebrate news that the company was awarded some $34 million in contracts.  More »

Dynegy’s Williamson lands a new CEO gig

Bruce Williamson, whose severance pay at Houston-based Dynegy became a roadblock to a private equity buyout, has landed a new job as chief executive of Cleco Corp., a power company based in Pineville, La., Loren Steffy writes.  More »

Oil settles lower on bin Laden’s death, stronger dollar *updated*

“It’s kind of a see-saw effect,” said Michael Lynch, president of Strategic Energy & Economic Research. “There will be a fear, I think, in the short-term in the markets that something might happen in the next week or two. I do think in the longer term, it suggests likely more stability in the Middle East.”  More »

Houston energy analyst killed in Alaska avalanche

GenOn Energy’s Chris Lackey, 39, was among two guided groups buried by ice and snow while camping near Alaska’s Mount McKinley. The cascade threw climbers from their tents around 1 a.m. Thursday.  More »