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Over the next five years, West Africa is expected to become the leading hub for floating production, storage and off-loading (FPSO) systems, but North America “likely” will be in second place, according to a new report by UK-based energy analysts Douglas-Westwood.

Nearly all points continued to climb Wednesday as winter weather began to pay a return visit to northern market areas and parts of the West. However, widespread late price retreats and expectations of the demand slump that typically accompanies a long weekend had sources anticipating softness Thursday.

The energy merchant sector could see several more years of low wholesale prices, which in turn will complicate their ability to refinance upcoming debt maturities at their regulated utilities, according to a new report by Standard & Poor’s Ratings Services (S&P).

The energy merchant sector could see several more years of low wholesale prices, which in turn will complicate their ability to refinance upcoming debt maturities at their regulated utilities, according to a new report by Standard & Poor’s Ratings Services (S&P).

On the eve of President Bush’s campaign visit to Los Angeles last Monday, internal documents from Enron to a California state legislative investigative committee have revealed that the two leading Republican state legislators last year sought campaign donations from the Houston-based energy company as it was beginning to spin out of control toward its eventual bankruptcy filing, according to a front-page report in last Monday’s Los Angeles Times.

If you’re planning to come to Washington, DC to visit the Enron exhibit at the Smithsonian Institution, you might want to re-think that trip. There’s not going to be any Enron display, says a museum official, who noted that news stories about an Enron display were, to put it mildly, greatly exaggerated.

Canada’s National Energy Board (NEB) said in a report released last week that Canadian provincial electricity markets are adequately supplied. In Alberta, where supply has been relatively tight, the NEB noted that new generation capacity is being built.

Texas regulator Pat H. Wood III and Pennsylvania regulator Nora M. Brownell made their first public appearances in Washington, D.C. last week since being nominated by the White House as FERC commissioners. But mindful of their pending Senate confirmation hearings, the two were mum on the critical issues that will confront them when they assume office.

Texas regulator Pat H. Wood III and Pennsylvania regulator Nora M. Brownell made their first public appearances in Washington, D.C. Tuesday since being nominated by the White House as FERC commissioners. Mindful of their pending Senate confirmation hearings, the two were mum on the critical issues that will confront them when they assume office.