Friday, 21 February 2025
Home Author Scott Disavino

Scott Disavino

Miniatures of oil barrels and a rising stock graph are seen in this illustration taken January 15, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessEconomyNewsOilPoliticsRegulationsTrade

Oil hits more than 3-month high as US sanctions hit Russia exports

By Scott DiSavino NEW YORK (Reuters) – Oil prices climbed about 2% to a four-month high on Monday on expectations that wider U.S....

FILE PHOTO: A drone view of cars driving along a road near snow on the ground in Twin Bridges, California, U.S. January 2, 2025.  REUTERS/Fred Greaves/File Photo
BusinessClimateElectricityEnvironmentInfrastructureNatural GasNewsOilResiliencyTransmissionUtilitiesWeather

US winter storms could cause power outages, cut natgas supplies

Freezing weather may cause power outages and peak natural gas demand, with supply drops expected due to freeze-offs.

FILE PHOTO: An LNG tanker is guided by tug boats at the Cheniere Sabine Pass LNG export unit in Cameron Parish, Louisiana, U.S., April 14, 2022. REUTERS/Marcy de Luna/File Photo
FuelLiquefied Natural GasNatural GasNewsPoliticsTrade

Natural gas demand from US LNG export plants heads for first decline in 8 years

The U.S. is the world's largest exporter of the superchilled gas and a key provider of gas to Europe.

FILE PHOTO: A drilling rig on a lease owned by Oasis Petroleum performs logging operations in the Permian Basin oil and natural gas producing area near Wink, Texas U.S. August 22, 2018. Picture taken August 22, 2018. REUTERS/Nick Oxford/File Photo
FuelNatural GasNews

US natural gas drillers to lift 2025 output, reversing year of cuts

Rising demand for natural gas exports should boost average annual gas prices next year by more than 40%.

FILE PHOTO: An LNG tanker is guided by tug boats at the Cheniere Sabine Pass LNG export unit in Cameron Parish, Louisiana, U.S., April 14, 2022. REUTERS/Marcy de Luna/File Photo
BusinessFuelLiquefied Natural GasNewsTrade

US LNG exports to rise at smallest pace since 2016

The dollar value of U.S. LNG exports peaked at $47.33 billion in 2022, when prices skyrocketed after Russia's invasion of Ukraine.

Utility companies work to restore power in the wake of Hurricane Helene in Perry, Florida, U.S., September 29, 2024.   REUTERS/Kathleen Flynn
BusinessLiquefied Natural GasNatural GasNewsWeather

US natural gas prices ease, power outages from Hurricane Helene reduce demand

A small output increase came as some drillers restarted their Gulf of Mexico production now that Hurricane Helene passed through the area.

FILE PHOTO: An LNG tanker is guided by tug boats at the Cheniere Sabine Pass LNG export unit in Cameron Parish, Louisiana, U.S., April 14, 2022. REUTERS/Marcy de Luna/File Photo
BusinessFuelLiquefied Natural GasNatural GasNews

Low gas prices, LNG demand in spotlight at Gastech conference

Energy executives, experts and politicians to meet in Houston for Gastech conference as US surpasses Qatar as world's largest exporter of LNG.

A general view of electric lines as demand for power surges during a period of hot weather in Houston, Texas, U.S. June 27, 2023. REUTERS/Callaghan O’Hare/ File Photo
ElectricityNewsTransmissionUtilitiesWeather

Texas power demand set to break record during heat wave, grid operator says

The grid operator also said the power network was operating normally, with enough supply available to meet expected demand.

FILE PHOTO: Storage tanks and gas-chilling units are seen at Freeport LNG, the second largest exporter of U.S. liquified natural gas, near Freeport, Texas, U.S., February 11, 2023. Reuters/Arathy Somasekhar/File Photo
Natural GasNews

US natural gas producers eye more output cuts as prices sink

Major producers are preparing to curtail natural gas production after prices sank nearly 40% over the past two months.

FILE PHOTO: A person uses a fan to cool themselves on a subway platform as high temperatures continue to affect the region in Brooklyn, New York City, U.S., July 10, 2024. REUTERS/Andrew Kelly/File Photo
ClimateEmissionsEnvironmentFuelNatural GasNewsUtilities

US power generators burn record amounts of natgas on hottest day of summer so far

U.S. power generators burned a record 54.2 billion cubic feet of natural gas on Tuesday, the hottest day this summer.

Login into your Account

Please login to like, dislike or bookmark this article.