PE-backed Mountaineer Keystone taps Wood as new CEO

By Iris Dorbian — 1 week ago

First Reserve portfolio company Mountaineer Keystone Energy LLC has named David Wood as its new CEO. Wood wil be succeeding Rob Kozel. A former CEO and president of Murphy Oil Corp, Wood is currently the chairman of Mountaineer’s board and will remain in that role. Headquartered in Pittsburgh, Mountaineer is an Appalachian Basin oil and gas company.


First Reserve expands team with new hire

By Iris Dorbian — 6 months ago

First Reserve has added Luke O’Keefe to its energy infrastructure team. Previously, O’Keefe worked at General Electric‘s energy financial services business where he served as vice president of technical risk.


BlackRock, First Reserve partner on Mexican natural gas pipeline deal

By Chris Witkowsky — 8 months ago

BlackRock and First Reserve have partnered with a subsidiary of Petroleos Mexicanos to buy about 45 percent of the equity interest in two natural gas pipelines — Los Ramones Phase II North and Los Ramones Phase II South. The pipelines are part of a project to build and operate natural gas pipelines to serve as energy infrastructure to transport natural gas from the Eagle Ford shale region in Texas to meet Mexican demand.


Krueger named Co-CEO of First Reserve

By Luisa Beltran — 9 months ago

First Reserve said Monday that it named Alex Krueger as Co-Chief Executive Officer and President of the firm. William Macaulay becomes Chairman and now Co-CEO of First Reserve. Krueger has been with First Reserve for 16 years, most recently in a leadership role for the private equity portfolio. PeHUB reported news of the promotion on Friday.


First Reserve promotes two to MD

By Iris Dorbian — 11 months ago

First Reserve has promoted Eduard Ruijs and Mark Saxe to managing directors. The appointments become effective January 1, 2015. Prior to joining the firm, Ruijs worked at NIBC Infrastructure Partners where he served as a investment director and partner while Saxe was a director in Loews Corp’s corporate development department.


First Reserve invests in Hoover

By Iris Dorbian — 12 months ago

Hoover Container Solutions has received an undisclosed investment from First Reserve. Headquartered in Houston, Hoover is a provider of chemical tanks, cargo carrying units and related products and services to the global energy, petrochemical and related industrial sectors.