Tuesday, December 23, 2025

Williams Names Head of Engineering & Construction

Williams (WMB) today announced that John Seldenrust has been appointed Senior Vice President of Engineering & Construction, effective Jan. 1. Seldenrust will report directly to Williams President and Chief Executive Officer Alan Armstrong. Seldenrust has more than 25 years industry experience and is responsible for ensuring the delivery of best-in-class engineering, design, and project and construction management activities and processes

Stone Energy Corporation Provides 2016 Capital Expenditure Budget, Operational and Production Guidance Update

Stone Energy Corporation (SGY) today provided an update on its 2016 capital expenditure budget, drilling and production operations and updated fourth quarter and annual 2015 production guidance. 2016 Capital Expenditure Budget Stone’s Board of Directors has authorized an initial 2016 capital expenditure budget of $200 million, subject to further Board review. The proposed expenditures are primarily focused on the Pompano platform

Scotiabank Report: Oil Near Term Could Hit $30

Bank Looks for Commodities Prices to Rebound on “Broad Front” by 2017, Examines 2015 OPEC/Saudi Actions Scotiabank Economics released its annual commodities outlook today, saying near term WTI could be US$30, based on post-Dec. 4 OPEC oil trading below US$35 already, “and could drop to US$30 near-term.” Scotiabank reviewed Saudi Arabia’s Fall 2015 actions as “apparently willing to implement a series of output