Chesapeake cuts natural gas vehicle team
By JAY F. MARKS NewsOK.com on Sep 17, 2013, at 8:56 AM Updated on 9/17/13 at 10:49 AM
Energy
Chesapeake Energy Corp. CEO Doug Lawler on Tuesday acknowledged what many employees have feared.
The company said it will immediately start the process to find a replacement to ensure a smooth transition.
OKLAHOMA CITY - Chesapeake Energy Corp. has eliminated its natural gas vehicle team as part of its ongoing corporate reorganization.
The seven-member team had been responsible for part of the Oklahoma City-based oil and natural gas company's efforts to develop additional markets for gas usage.
Chesapeake has declined to address specifics of its restructuring, but natural gas vehicle advocates don't expect to lose much momentum.
Rich Kolodziej, president of advocacy group Natural Gas Vehicles for America, said Chesapeake has been an important player in growing the natural gas vehicle market, but other companies and organizations have taken on that role now.
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Energy
Chesapeake Energy Corp. CEO Doug Lawler on Tuesday acknowledged what many employees have feared.
The company said it will immediately start the process to find a replacement to ensure a smooth transition.
