Edition:
United States

Scott DiSavino

U.S. shale output forecast to hit record 8.46 million bpd in May: EIA

Apr 15 2019

NEW YORK U.S. crude oil output from seven major shale formations is expected to rise by about 80,000 barrels per day (bpd) in May to a record 8.46 million bpd, the U.S. Energy Information Administration said in its monthly drilling productivity report on Monday.

U.S. LNG shipments on track for slowest month since October

Apr 11 2019

NEW YORK, April 11 U.S. shipments of liquefied natural gas are expected to fall to their lowest level in six months in April, after a leading U.S. supplier shut units for maintenance at a time when a glut of supply has driven some worldwide prices to near three-year lows.

Explainer: Why are U.S. natural gas prices in Texas below zero?

Apr 09 2019

In an unusual event, U.S. natural gas prices in West Texas have been trading in negative territory for more than two weeks, largely due to a lack of pipeline space, forcing some drillers to pay those with spare pipeline capacity to take unwanted gas.

U.S. crude output growth could slow as shale revolution loses momentum

Apr 05 2019

NEW YORK After Texas pushed the United States over the last decade to become the world's biggest oil producer last year, the heart of the shale revolution is starting to show fatigue.

U.S. crude output growth to slow as shale revolution loses momentum

Apr 05 2019

NEW YORK, April 5 After Texas pushed the United States over the last decade to become the world's biggest oil producer last year, the heart of the shale revolution is starting to show fatigue.

They can't give it away: Texas natural gas at all-time negative lows

Apr 03 2019

Next-day natural gas prices for Wednesday at the Waha hub in West Texas plunged to record negative levels - meaning some drillers are paying those with spare pipeline capacity to take the unwanted gas and are getting nothing for it.

TVA to get 60 percent of energy from non-carbon sources by 2020: CEO

Apr 03 2019

The chief executive of the Tennessee Valley Authority said on Tuesday the U.S.-owned power generator expects to get more than 60 percent of its energy from non-carbon-emitting sources by 2020, compared with over 50 percent in 2018.

U.S. drillers cut most oil rigs in a quarter in three years -Baker Hughes

Mar 29 2019

U.S. energy firms this week reduced the number of oil rigs operating to their lowest in nearly a year, cutting the most rigs in a quarter in three years despite a 30 percent hike in crude prices so far in 2019.

RPT-INTERVIEW-Sempra wants to become one of North America's biggest LNG exporters

Mar 28 2019

March 27 Sempra Energy is working aggressively to become one of the biggest liquefied natural gas (LNG) exporters in North America, the California energy company's Chief Executive Jeff Martin told Reuters on Wednesday.

Sempra wants to become one of North America's biggest LNG exporters

Mar 27 2019

Sempra Energy is working aggressively to become one of the biggest liquefied natural gas (LNG) exporters in North America, the California energy company's Chief Executive Jeff Martin told Reuters on Wednesday.

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