Ben Heinzelmann, president of Energy Domain, is today’s featured Forty Under 40 honoree.
As a third-generation businessman, Heinzelmann said he got his passion for oil and gas from his grandfather. However, the success he has found in the field since then has been self-made.
It was in college though where he said he first fell in love with the business and has worked hard to ensure he stands apart from other industry titans.
“I was fortunate to have family roots at the University of Oklahoma where I had the opportunity to study within the best Energy Management program in the country,” he said. “I immediately fell in love with the business, and I’m not sure I would ever want to do anything else.”
Since then, Heinzelmann has worked to grow his MineralWare business and its sister company, Energy Domain, the latter of which he is president.
“In 2019 we decided to branch off and start Energy Domain (our online marketplace) as a sister company to MineralWare,” he said. “This was a risky move because MineralWare was very self-sustaining, and we could have comfortably continued to run that business and been stable long term.”
Still, Heinzelmann said the team he assembled for Energy Domain was unbelievably resilient and essentially built a brand new product from the ground up all during the incredible uncertainty that resulted from COVID-19.
“We have a long way to go, but I think it is important to look back and appreciate the resiliency and fortitude that we showed to get where we are today,” he added.
2022-11-29 - In response to a G7 proposal to cap Russian oil prices, the Kremlin has promised to re-route supplies to countries that do not support the idea, with both China and India increasing oil purchases from Moscow.
2022-11-04 - Gas production in Western Canada this year neared record levels of 18 Bcf/d. Enbridge CEO Al Monaco said that supply growth coupled with future demand from planned LNG export projects was underpinning the expansions.
2022-10-06 - Washington accused OPEC of siding with Russia and called the decision short-sighted saying the world was already suffering from high energy costs due to Russia’s invasion of Ukraine.
2022-09-27 - Upon closing, Kinder Morgan and an undisclosed financial buyer will each hold a 25.5% interest in the Elba Island LNG facility in Chatham County, Georgia. Blackstone Credit will continue to hold a 49% interest.
2022-11-07 - If approved, the gas from a project operated by Venezuelan state-run oil company PDVSA could restart an idled liquefaction train with a 500 MMcf/d capacity at Trinidad's flagship Atlantic LNG project.