Edition:
International

Scott DiSavino

U.S. drillers add oil and gas rigs for record 16th month -Baker Hughes

Nov 24 2021

U.S. energy firms added oil and natural gas rigs for a record 16 months in a row as crude prices in recent weeks rose to a seven-year high, prompting some drillers to return to the wellpad.

Oil rises 3% to one-week high after U.S. taps emergency reserves

Nov 23 2021

NEW YORK Oil prices rose to a one-week high on Tuesday after a move by the United States and other consumer nations to release tens of millions of barrels of oil from reserves to try to cool the market fell short of some expectations.

Oil dives 3% to below $80/bbl on resurgent pandemic in Europe

Nov 19 2021

NEW YORK Oil prices fell about 3% to below $80 a barrel on Friday as surging COVID-19 cases in Europe threatened to slow the economic recovery while investors also weighed a potential release of crude reserves by major economies to cool prices.

U.S. drillers add oil and gas rigs for fourth week in a row -Baker Hughes

Nov 19 2021

U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row as crude prices rose to a seven-year high last week, prompting some drillers to return to the wellpad.

Pennsylvania fines Energy Transfer $2 million for 2018 natgas pipe blast

Nov 19 2021

The Pennsylvania Public Utility Commission (PUC) approved a nearly $2 million settlement with a unit of Energy Transfer LP for a pipeline explosion and fire at its Revolution natural gas pipe in Western Pennsylvania in 2018.

Oil rises on higher demand forecasts, tight supplies

Nov 09 2021

NEW YORK Oil prices rose to a two-week high on Tuesday after the United States lifted travel restrictions and other signs of a global post-pandemic recovery boosted the demand outlook, while supply remained tight.

Factbox-U.S. infrastructure bill spending on power grid and electrification

Nov 08 2021

President Joe Biden is expected soon to sign a $1 trillion bipartisan infrastructure bill passed by the U.S. House of Representatives on Friday.

As LNG prices surge, North American project development languishes

Nov 08 2021

Demand for liquefied natural gas (LNG) has never been higher, but developers in North America are headed into the final weeks of the year without having approved one new project yet.

U.S. drillers add oil and gas rigs for second week in a row -Baker Hughes

Nov 05 2021

U.S. energy firms this week added oil and natural gas rigs for a second week in a row as oil prices held near seven-year highs, prompting some drillers to return to the wellpad.

World News