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Scott DiSavino

Saudi Aramco inks 20-year deal with Sempra for LNG supply

22 May 2019

DUBAI/NEW YORK Saudi Aramco signed a 20-year agreement to buy liquefied natural gas (LNG) from a forthcoming export terminal in Texas that U.S.-based Sempra Energy is developing, the two companies said on Wednesday.

UPDATE 3-Saudi Aramco inks 20-year deal with Sempra for LNG supply

22 May 2019

DUBAI/NEW YORK, May 22 Saudi Aramco signed a 20-year agreement to buy liquefied natural gas (LNG) from a forthcoming export terminal in Texas that U.S.-based Sempra Energy is developing, the two companies said on Wednesday.

U.S. natural gas prices turn negative in Texas Permian shale again

22 May 2019

Next-day natural gas prices at the Waha hub in the Permian basin in West Texas fell below zero for the first time since early April.

U.S. natural gas prices turn negative in Texas Permian shale again

22 May 2019

May 22 Next-day natural gas prices at the Waha hub in the Permian basin in West Texas fell below zero for the first time since early April.

U.S. oil drillers cut rigs to lowest count since March 2018: Baker Hughes

17 May 2019

U.S. energy firms this week reduced the number of oil rigs operating for the second week in a row, with the rig count at its lowest since March 2018, as some drillers follow through on plans to cut spending.

UPDATE 1-U.S. oil drillers cut rigs to lowest count since March 2018 -Baker Hughes

17 May 2019

May 17 U.S. energy firms this week reduced the number of oil rigs operating for the second week in a row, with the rig count at its lowest since March 2018, as some drillers follow through on plans to cut spending.

U.S. oil drillers cut rigs for second straight week -Baker Hughes

17 May 2019

May 17 U.S. energy firms this week reduced the number of oil rigs operating for the second week in a row, with the rig count at its lowest since March 2018, as some drillers follow through on plans to cut spending.

U.S. LNG exporters face headwinds due to trade war with China

16 May 2019

The U.S. trade war with China has dozens of developers of liquefied natural gas export terminals scrambling to find other buyers, now that the fastest-growing market for the fuel is out of reach.

U.S. natgas drops as demand falls, big storage build seen

15 May 2019

U.S. natural gas futures on Wednesday fell from a four-week high in the previous session on forecasts for heating demand to decline over the next two weeks and expectations that a federal report will show a much bigger-than-usual storage build on Thursday.

Oil prices rise over 1% on drone attack on Saudi Aramco facilities

14 May 2019

NEW YORK Oil prices rose over 1% on Tuesday after top exporter Saudi Arabia said explosive-laden drones launched by a Yemeni-armed movement aligned to Iran had attacked facilities belonging to state oil company Aramco.

World News

Why U.S.-Iran tensions could quickly escalate into a crisis

Three years ago, when Iran's military captured 10 U.S. sailors after they mistakenly strayed into Iranian waters, U.S. Secretary of State John Kerry and Iranian Foreign Minister Mohammad Javad Zarif jumped on the phone in minutes and worked out the sailors' release in hours.