Energy Update

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KRASNAYA POLYANA, Russia, Oct 27 (Reuters) - Russian
President Vladimir Putin said on Thursday Russia was ready to
resume gas supplies to Ukraine at "any second" if Kiev agreed to
pre-pay for supplies.

CALGARY, Alberta, Oct 27 (Reuters) - Suncor Energy Inc
, Canada's largest oil and gas producer, said on Thursday
that higher oil prices mean the window for mergers and
acquisitions is closing and the company is unlikely to do major
deals in the near future.

For all the problems and challenges this country has, others want to be here. Austrian steelmaker Voestalpine highlights the US' manufacturing appeal.

TORONTO, Oct 27 (Reuters) - Canada's main stock index rose
in morning trading on Thursday, with the energy sector up
decently as oil prices rebounded and as a slew of oil and gas
companies reported quarterly earnings.

ABUJA, Oct 27 (Reuters) - Ending the insurgency in Nigeria's
Delta region that has hobbled oil production is the first goal
of a seven-point plan for the petroleum industry, the country's
oil minister said on Thursday.

DUBAI, Oct 27 (Reuters) - Tough negotiations await a group
of OPEC experts as they meet their counterparts from other oil
producers such as Russia on Oct. 28-29 to hammer out details of
an output-capping agreement, with disagreements threatening to
scupper the deal.

LAGOS/LONDON, Nigeria, Oct 27 (Reuters) - An angry crowd
blocks access to a Chevron facility in Nigeria's
oil-producing south to demand jobs and housing, a common refrain
from poor communities in the Niger Delta swamps.

MOSCOW, Oct 27 (Reuters) - Russia's government wants to sell
a state stake in oil giant Rosneft to "real investors"
but may force the company to buy its own shares to prop up the
country's budget, First Deputy Prime Minister Igor Shuvalov said
on Thursday.

U.S. homeowners, businesses and institutions alike rely on utilities to provide consistent, affordable electricity. These consumers increasingly want renewable power, but our current markets prevent many of them from getting it.

Oct 27 (Reuters) - Marathon Petroleum Corp reported
a smaller-than-expected quarterly profit as lower margins and
realized prices continued to hurt its earnings.

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