Industry Summits
Old power plant values soar in supply squeeze
NEW YORK (Reuters) - The North Lake power station, its stacks merely landscape for the Texas vista as it sat idle for a number of years, now churns natural gas to power for homes in Dallas County. Full Article
U.S. needs all fuel sources to meet electric use
NEW YORK (Reuters) - Concern over soaring electricity prices and a deteriorating environment mean no single fuel, whether natural gas, coal or wind, can satisfy the growing U.S. appetite for electricity, industry executives agreed this week at the Reuters Global Energy Summit. Full Article
Devon sees enough oil sands refining capacity
NEW YORK (Reuters) - Devon Energy Corp. is satisfied there's enough available processing capacity for its oil sands-derived crude, so it has no need to seek a corporate transaction with a U.S. refiner, its president said on Thursday. Full Article
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U.S. CEOs want leadership on carbon from Washington
NEW YORK (Reuters) - Some U.S. energy executives say Washington is merely paying lip service to growing public pressure to cut greenhouse gas emissions. Full Article | Video
Power cos. navigate divergent market regulation
NEW YORK (Reuters) - U.S. electric executives, who once dreaded the patchwork of regulated and unregulated power markets left by the 2001 collapse of Enron Corp., have learned to navigate the industry's turbulent waters, executives said at the Reuters Global Energy Summit in New York. Full Article
Parker Drilling not for sale: CEO
NEW YORK (Reuters) - Parker Drilling Co. , whose stock has risen with other oil and gas drillers amid sector-wide takeover speculation, is not positioning itself to be sold, Chief Executive Robert Parker said on Thursday. Full Article
NuStar's Greehey looks to niche markets
NEW YORK (Reuters) - Bill Greehey is looking at the bottom of the crude oil barrel to make NuStar Energy as successful in the master limited partnership universe as he made Valero Energy Corp. in refining. Full Article
Parker Drilling CEO says not for sale
NEW YORK (Reuters) - Parker Drilling Co. , the subject of takeover speculation, is not positioning itself to be sold, Chief Executive Robert Parker said on Thursday. Full Article
Devon sees natural gas prices staying high
NEW YORK (Reuters) - Independent oil and gas producer Devon Energy Corp. expects natural gas prices to remain high in the next couple of years as little new supply will reach the market, the company's president said on Thursday. Full Article
India's IOC seeks exploration firm
NEW DELHI (Reuters) - State-run Indian Oil Corp. (IOC) is looking to buy an exploration firm to feed its refining capacity as it expects strong refining margins and domestic fuel demand growth this year, its chairman said on Thursday. Full Article
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