Matthew R. Simmons, an energy investment banker and author of the book "Twilight in the Desert" that Suggested Earth's supply of oil is dwindling, at last yesterday. He was 67
Simmons' Passed away suddenly, "According to an e-mailed statement today from the Ocean Energy Institute, Founded by Simmons in 2007 to explore Opportunities for harvesting energy from the seas. Simmons is an SURVIVED at his wife, Ellen, and Their five daughters.
Simmons is the Founder and former Chairman of the investment banking Firm, Simmons & Co.. International, based in Houston. They started the company in May 1974 with a focus on the oil-services industry, According to the ITS website. By the end of 1981, Simmons & Co.. had a staff of 13 About 17 years later, the company opened ITS first office outside Houston, in Aberdeen, Scotland. It has expanded Thurs offer research, Institutional sales and investment banking in the energy industry.
"We are Deeply saddened by the unexpected loss of a true Visionary and friend," Michael E. Frazier, chief executive officer of Simmons & Co.., Said today in a statement. "As a Pivotal figure in the lives of Many of our employees, and count less others across the energy industry, Matt will be sorely missed. Our thoughts and Prayers are with family at his During this Difficult Time. "
Simmons Founded the Ocean Energy Institute in 2007 as a think tank and venture-capital fund for U.S. Offshore Renewable Energy, Including wind-powered energy, According to that group's website.
On June 16, Simmons announced at his Retirement as Chairman Emeritus from Simmons & Co.. Zapraszamy so they focus on the Institute of Ocean Energy. He was a frequent Critic of BP Plc's Efforts Thurs ITS stanch oil spill in the Gulf of Mexico, suggesting at one point the best option That'll be the Thurs detonate a small nuclear bomb to kill the Undersea well.
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