BUSINESS FEED

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

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President Barack Obama's nominee to be the nation's top energy regulator came under sharp questioning Tuesday from lawmakers concerned that he may be opposed to coal and natural gas.

Chesapeake Energy CEO tells employees 'staffing adjustments' likely to follow review process

Chesapeake Energy Corp. CEO Doug Lawler acknowledged Tuesday what many employees have feared.

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.

Click here to read the complete article at NewsOK.com

Energy

Ron Binz draws Republican fire as nominee to lead energy agency

President Barack Obama's nominee to be the nation's top energy regulator came under sharp questioning Tuesday from lawmakers concerned that he may be opposed to coal and natural gas.

Chesapeake Energy CEO tells employees 'staffing adjustments' likely to follow review process

Chesapeake Energy Corp. CEO Doug Lawler acknowledged Tuesday what many employees have feared.

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