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Scott Disavino

FILE PHOTO: Drilling rigs operate at sunset in Midland, Texas, U.S., February 13, 2019. Picture taken February 13, 2019. REUTERS/Nick Oxford/File Photo
BusinessClimateFuelLiquefied Natural GasMaritimeNewsOilResiliencyWeather

Oil slips as Gaza talks ease supply fears; Hurricane Beryl in focus

Brent crude futures inched up 11 cents, or 0.1%, to $86.65 a barrel as at 0042 GMT after closing down 89 cents on...

FILE PHOTO: 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
ClimateElectricityInfrastructureNewsTransmissionWeather

Texas power demand to break June, July records in heat wave, grid operator says

The Texas power grid is expected to shatter peak demand records this week due to a severe heat wave, with temperatures in Houston...

FILE PHOTO: The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020.  REUTERS/Adrees Latif/File Photo
BusinessFuelNewsOilPoliticsTrade

Oil prices slip as rate hike worries come into focus

By Scott DiSavino (Reuters) -Crude prices eased about 1% on Friday on worries that global oil demand growth could be hit by a...

FILE PHOTO: FILE PHOTO: 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/File Photo
ElectricityInfrastructureNewsUtilities

Texas power prices soar ahead of Memorial Day weekend

Electric demand in Texas is expected to break the record for the month of May for a second time, ahead of the US...

FILE PHOTO: CenterPoint Energy crew members work to repair damaged lines as residents remained without power after a severe storm caused widespread damage in Houston, Texas, U.S., May 18, 2024.   REUTERS/Kaylee Greenlee Beal
ElectricityNewsUtilitiesWeather

Texas power demand to break May record in heat wave on Friday

Texas heat wave causes huge demand for electricity, reaching a record for the second time in a week — with increases still to...

FILE PHOTO: CenterPoint Energy crew members work to repair damaged lines as residents remained without power after a severe storm caused widespread damage in Houston, Texas, U.S., May 18, 2024.   REUTERS/Kaylee Greenlee Beal
ElectricityInfrastructureNewsUtilities

Texas heat wave sends power demand to all-time high for May

Texas power demand reaches a record for May – but supplier projects demand will rise even higher before the month is over.

The skyline is shown at sunset in Austin, Texas, U.S., October 25, 2021.  Picture taken with a drone.  REUTERS/Brian Snyder/File Photo
ElectricityInfrastructureNews

Texas power demand to hit record high for month of May next week

Power use in Texas will likely break records for the month of May as homes and businesses crank up the air conditioning to...

FILE PHOTO: An oil pump is seen operating in the Permian Basin near Midland, Texas, U.S. on May 3, 2017. Picture taken May 3, 2017. REUTERS/Ernest Scheyder/File Photo
BusinessElectricityFinanceHydropowerNatural GasNewsOilTransmission

US power and natgas prices turn negative in Texas, California and Arizona

US spot power and natgas prices turned negative in Texas, California and Arizona as pipeline maintenance trapped gas in the Permian Shale

FILE PHOTO: The marine offloading facility at the LNG Canada site is pictured, in Kitimat, Canada, September 2022. LNG Canada/Handout/ File Photo
Liquefied Natural GasNewsTransmission

US stands to lose Canadian gas after LNG Canada terminal starts up

The start-up of LNG Canada is likely to strain its natural gas supplies and force producers to reduce US exports

ElectricityFuelNewsUtilities

Short Term Energy Outlook: US power use to reach record highs in 2024 and 2025

U.S. power consumption will rise to record highs in 2024 and 2025, the U.S. Energy Information Administration (EIA) said in its Short Term...

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