(Source: Shutterstock.com)
APA Corp. has promoted CFO Stephen J. Riney to president, according to a Jan. 9 press release. Riney will remain the company’s CFO.
Riney joined APA in 2015 and served as the company’s executive vice president and CFO. Previously, Riney was the CFO for BP Exploration and Production overseeing accounting, business development, planning and commercial operations for BP’s upstream segment.
During his 16 years at BP, he also served as the global head for mergers and acquisitions and held several management positions in treasury, the release stated.
Riney “has helped us refine APA’s strategic direction while also successfully navigating some of the most financially challenging times in our industry’s history,” said APA CEO John J. Christmann IV. “His leadership and influence have extended beyond our financial operations, and this promotion formalizes the significant role that Steve plays in helping guide the company’s strategy, goals and execution.”
Recommended Reading
Treasury’s New Hydrogen Tax Credit Regs Open Door to NatGas Producers
2025-01-05 - The U.S. Treasury Department’s long awaited 45V hydrogen tax credit will enable “pathways for hydrogen produced using both electricity and methane” as well as nuclear, the department said Jan. 3.
US Hydrogen Concerns Linger as Next Administration Nears White House
2024-12-11 - BP, EDP Renewables, Inpex and Plug Power executives discuss the state of hydrogen and the hydrogen production tax credit.
Air Liquide, TotalEnergies Partner to Produce Hydrogen
2024-11-25 - The hydrogen will be produced and used at Air Liquide and TotalEnergies' La Mède biorefinery in France to produce biodiesel and sustainable aviation fuel.
First Ammonia Awards FEED Contract to Worley for Gulf Coast Facility
2025-01-27 - First Ammonia awarded a FEED contract to Worley for its electric ammonia facility in Victoria, Texas, along the Gulf Coast.
E&Ps’ Subsurface Wizardry Transforming Geothermal, Lithium, Hydrogen
2025-02-12 - Exploration, drilling and other synergies have brought together the worlds of subsurface oil drilling and renewable energies.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.