All Energy & Utilities articles – Page 2
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Blog
MDU Resources appoints Avista GC to board
MDU Resources Group announced that Marian Durkin, who was previously senior vice president, general counsel, secretary and chief compliance officer for Avista Corporation, has been appointed to the company’s board of directors.
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Blog
Golden State Clean Energy announces GC
Golden State Clean Energy announced the hiring of Erica von Pechmann as general counsel.
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News Brief
Nasdaq unit reaches $22M settlement with CFTC over supervision failures
The Commodity Futures Trading Commission fined a Nasdaq subsidiary $22 million over allegedly misleading the public, regulators, and its own compliance staff about the details of a trader incentive program.
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News Brief
Pham cries CFTC overreach against compliance officer in $48M fine of TOTSA
The Commodities Futures Trading Commission fined TOTSA TotalEnergies Trading $48 million for allegedly engaging in price manipulation, with Commissioner Carolyn Pham defending a compliance officer at the Swiss energy company accused of making false statements.
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News Brief
Ex-trader at Vitol latest to plead guilty in alleged PEMEX bribery scheme
A former trader at the U.S. affiliate of energy giant Vitol pleaded guilty to bribing officials at Petroleos Mexicanos in an effort to secure contracts.
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News Brief
CFTC, ICE Futures fine Brazil-based Raizen Energia $850K over wash trading
Brazilian energy and sugar company Raizen Energia SA and its Swiss trading subsidiary will pay $850,000 in fines to settle charges that they engaged in illegal noncompetitive transactions.
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Blog
Cepsa names chief legal officer
Petroleum business company Cepsa appointed Virginia Beltramini as the new director of the company’s legal counsel and assurance area and secretary of the board of directors, effective Sep. 16.
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Blog
National Renewable Solutions promotes GC to legal chief
National Renewable Solutions announced that Ben Klassen, who has served as general counsel since February 2022, will be promoted to chief legal officer.
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Premium
Compensation survey pegs annual pay at $419K for public company CCOs
Annual pay and bonus compensation for chief compliance officers at public companies jumped to $419,000 since 2023, while CCOs at private companies saw a slight decrease to nearly $300,000, according to a new compensation survey.
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Blog
Bioenergy Devco appoints legal chief
Bioenergy Devco announced the appointment of Richard Gognat as chief legal officer.
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Blog
HF Sinclair Corporation appoints general counsel
Energy company HF Sinclair Corporation announced that Eric Nitcher has been appointed as executive vice president and general counsel of the company.
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News Brief
Marathon Oil inks $242M settlement with DOJ, EPA over N. Dakota air pollution
Marathon Oil Company agreed to pay $241.5 million and bring the company into compliance with federal emissions rules in the vicinity of North Dakota’s Fort Berthold Indian Reservation after years of violations, the Department of Justice said.
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News Brief
DOE offers supply chain cybersecurity guidance for energy, oil, gas industries
The U.S. Department of Energy released supply chain cybersecurity principles meant to help strengthen key technologies used to manage and operate electricity, oil, and natural gas systems.
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News Brief
SEC orders Meta Materials to pay $1M over market manipulation, fraud
A Nevada energy and manufacturing company headquartered in Nova Scotia agreed to pay $1 million to settle charges levied by the Securities and Exchange Commission for alleged market manipulation and fraud, while the agency further investigates its former chief executives.
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Blog
American Water names general counsel
American Water announced Stacy Mitchell was named executive vice president and general counsel.
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Blog
Xcel Energy names legal, compliance chief
Utilities company Xcel Energy named Rob Berntsen as executive vice president and chief legal and compliance officer.
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Blog
FirstEnergy names chief privacy officer
Electric utility company FirstEnergy Corp. named Deandra Williams-Lewis as chief privacy officer, in addition to her current role as director, ethics and compliance.
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News Brief
EPA warns of increased cybersecurity scrutiny toward water systems
The Environmental Protection Agency is increasing its inspections of public drinking water systems after finding a majority of those reviewed were vulnerable to cyberattacks and related threats.
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News Brief
DOJ orders Evoqua to pay $8.5M over admitted securities fraud
Evoqua Water Technologies agreed to pay $8.5 million as part of a nonprosecution agreement with the Department of Justice to settle admitted criminal charges related to fraudulent revenue recognition.
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Blog
NextEra Energy announces chief risk officer
NextEra Energy announced Kirk Crews was appointed as executive vice president and chief risk officer.