U.S. Sens. Pete Domenici (R-NM), Jeff Bingaman (D-NM), Jim Talent (R-MO) and Byron Dorgan (D-ND) have launched a counterattack on the issue of drilling in the eastern Gulf of Mexico, introducing legislation Tuesday instructing the Secretary of the Interior to develop an oil and gas leasing program for Lease Area 181 that can extend up to a line 100 miles off the Florida Coast and west of the Military Mission Line.
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Microsoft CEO Touts Innovation, IT to Grow a Smaller Energy Workforce
The oil and natural gas industry faces a huge talent crunch in the next five years, with 50% of the industry workforce eligible to retire coupled with dwindling enrollment in undergraduate petroleum engineering programs. However, Microsoft Corp. CEO Steve Ballmer said that savvy companies should use growing energy information technology to bridge the generation gap and to secure an ample Web-based global workforce.
Microsoft CEO Touts Innovation, IT to Grow a Smaller Energy Workforce
The oil and natural gas industry faces a huge talent crunch in the next five years, with 50% of the industry workforce eligible to retire coupled with dwindling enrollment in undergraduate petroleum engineering programs. However, the CEO of Microsoft Corp. said that savvy companies should use growing energy information technology to bridge the generation gap and to secure an ample Web-based global workforce.
Energy Hedge Funds Booming in Merchant Sector
Price volatility and an abundance of energy trading talent — available since the collapse of Enron Corp., et al, — have revitalized the merchant energy sector and created a booming opportunity for speculative hedge fund trading, several financial consultants said Thursday.
Energy Hedge Funds Booming in Merchant Sector
Price volatility and an abundance of energy trading talent — available since the collapse of Enron Corp., et al, — have revitalized the merchant energy sector and created a booming opportunity for speculative hedge fund trading, several financial consultants said Thursday.