Industry Summits
Boost in oil spending not seen as magic wand
NEW YORK (Reuters) - Pressuring oil companies to invest more has become a popular refrain among activists and lawmakers seeking to ease the burden of rising energy prices. Full Article
Utilities come to terms with less coal
NEW YORK (Reuters) - As they have for almost a year, electric utilities continue to complain that they are not getting enough coal -- but now, they seem to be accepting that lower supplies and smaller inventories are the new normal and will be for the foreseeable future. Full Article
Oil boom has a few years to run: experts
NEW YORK (Reuters) - The current oil industry boom will almost certainly eventually turn to a bust, but it may be a few years away, analysts and government officials said this week at the Reuters Global Energy Summit in New York. Full Article
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Brain drain a problem for power build
NEW YORK (Reuters) - A dearth of engineers and building contractors could hamper what is expected to be a major build-up of the U.S. power industry's infrastructure, according to executives and regulators speaking at the Reuters Global Energy Summit this week. Full Article
Foreign firms expected Chavez moves: Statoil
LONDON (Reuters) - Venezuela's drive to gain more control of its oil and gas resources had not caught foreign firms unawares, and was consistent with its long-held policies, the head of Norway's Statoil said on Wednesday. Full Article
Oil's growth hurt by staff shortage: Statoil
LONDON (Reuters) - A shortage of specialist personnel is hampering the expansion of the oil and gas industry as it strains to meet rapidly growing global fuel demand, the head of Norwegian oil and gas producer Statoil ASA said on Wednesday. Full Article
US needs both Alaska pipeline, LNG terminals: FERC
New York (Reuters) - U.S. demand for natural gas will be strong enough in the future to support both a planned pipeline to bring Alaskan gas to the lower 48 states and the many liquefied natural gas import terminals that will be built, a top federal energy regulator said on Wednesday. Full Article
EnCana CEO says Ecuador approved block sale
NEW YORK (Reuters) - EnCana Corp. had the blessing of Ecuador's government when it bought an interest in an oil-producing property there owned by Occidental Petroleum Corp. , EnCana's chief executive said on Wednesday. Full Article
FERC member troubled by state merger regulation
NEW YORK (Reuters) - U.S. Federal Energy Regulatory Commissioner Nora Brownell on Wednesday said that difficulties utility mergers have encountered at the state level will cause them to think twice about further consolidation. Full Article
Statoil still eyes Angola despite being outbid
LONDON (Reuters) - Norwegian oil and gas producer Statoil is still looking for new assets in Angola despite losing out to massive bids for exploration blocks from competing producers, Statoil's CEO said on Wednesday. Full Article
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