By Liz Hampton (Reuters) – Spending in the global oil exploration and production industry is “poised to accelerate broadly” and drive an increase in output, Olivier Le Peuch, chief executive of top oilfield firm Schlumberger , said at a conference on Wednesday. “The need for reliable energy supply and reinvestment in our industry remain very compelling, and will ultimately extend the growth cycle, both in terms of duration and magnitude,” he said at the JP Morgan Energy Conference in New York. Oil prices have climbed to their highest level in years following sanctions on Russia’s oil industry …