onboarding

Global consulting firm names new Houston energy practice leader​

Alvarez & Marsal announced the appointment of Jay Johnson as senior adviser to its energy practice. Photo via alvarezandmarsal.com

A top global professional services firm named a Houston-based energy leader amid industry evolution and regulatory changes.

Alvarez & Marsal, or A&M, announced the appointment of Jay Johnson as senior adviser to its energy practice.

“I enjoy bringing together teams of people to solve the complex challenges facing companies today,” Johnson says in a news release. “I’m looking forward to working with A&M’s energy team to build leadership and capabilities to address industry challenges.”

The firm has over 500 energy consultants in over 30 countries.

According to A&M, Johnson’s joining represents the “next phase of A&M’s strategic plan to help energy clients maximize value and drive change amidst industry challenges, regulatory changes and economic volatility.”

“The firm’s focus on operational improvements lines up well with my own,” Johnson said.

The move complements last year's integration with The Carnrite Group, according to A&M's news release.

Johnson spent 40 years at Chevron in a variety of roles that took him from London and Kazakhstan to Papua New Guinea and the United States. He earned a bachelor’s degree in electrical engineering from the University of Illinois, as well as an MBA from Louisiana State University.

“Jay’s background leading the upstream business for one of the largest energy companies and his industry perspectives will help A&M shape its future growth,” A&M Managing Director and Energy Practice Leader Lee Maginniss says in a news release. “Jay’s leadership experience combined with his operational mindset will be instrumental to developing firm-wide talent that can best advise clients.”

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A View From HETI

A rendering of the Stardust Power's planned lithium refinery in Muskogee, Oklahoma. Image via stardust-power.com

Battery-grade lithium carbonate manufacturer Stardust Power has expanded into Houston’s Energy Corridor, the company tells Energy Capital.

The company’s new office will serve as a project execution hub to support operations and planning for the company’s forthcoming lithium refinery in Muskogee, Oklahoma, according to a news release. The Greenwich, Connecticut-based, publicly traded company says the facility will be one of the largest lithium refining operations in the United States. The refinery is expected to have production capacity of up to 50,000 metric tons per year and seeks to address the critical shortage of U.S. lithium refining capacity.

Battery-grade lithium carbonate is commonly used in electric vehicle batteries and energy storage systems.

The company says it chose Houston as the location for its new execution hub for its rich history of expertise in engineering, a robust energy infrastructure ecosystem, and access to a leading talent pool for engineering, procurement and construction professionals. The Houston project hub will work closely with the company’s existing office in Oklahoma City.

“The Houston office strengthens our operational footprint at a critical phase of development,” Chris Celano, COO of Stardust Power, said in the release. “By building out a dedicated project management hub in one of the most experienced energy markets in the world, we are positioning the Company for execution as we advance the Muskogee refinery.”

Currently, the Houston office plans to accommodate a workforce of about 20 people with the possibility to add staff upon reaching project milestones, according to a representative from the company.

“This expansion reflects our commitment to deliver domestic, battery-grade lithium that supports U.S. energy security and industrial growth,” Celano added in the release.

In August, Stardust Power secured an offtake agreement to supply up to 20,000 metric tons of battery-grade lithium carbonate by 2030 from the Muskogee, Oklahoma, refinery to New York-based battery technology company Charge CCCV. Stardust reports that the deal adds to a separate non-binding agreement for up to 25,000 metric tons annually for 10 years with an undisclosed global trading company.

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