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Scott DiSavino

U.S. oil drillers cut rigs to lowest since May 2017 -Baker Hughes

20 Sep 2019

Sept 20 U.S. energy firms this week reduced the number of oil rigs operating for a fifth week in a row to the lowest since May 2017, even as crude prices jumped more than 7% this week after an attack halved output in the world's top oil exporter Saudi Arabia.

UPDATE 1-U.S. oil drillers cut rigs for fourth week in a row -Baker Hughes

13 Sep 2019

Sept 13 U.S. energy firms this week reduced the number of oil rigs operating for a fourth week in a row as producers cut spending, leading to slower growth in crude output.

New Jersey wins legal challenge to PennEast natgas pipeline

11 Sep 2019

A U.S. appeals court on Tuesday barred PennEast Pipeline Co from using a federal law to seize properties controlled by the state of New Jersey in order to build a proposed $1 billion natural gas pipeline.

UPDATE 1-New Jersey wins legal challenge to PennEast natgas pipeline

10 Sep 2019

Sept 10 A U.S. appeals court on Tuesday barred PennEast Pipeline Co from using a federal law to seize properties controlled by the state of New Jersey in order to build a proposed $1 billion natural gas pipeline.

U.S. court says PennEast cannot condemn NJ state lands for pipeline

10 Sep 2019

Sept 10 A U.S. appeals court on Tuesday barred PennEast Pipeline Co from using a federal law to seize properties controlled by the state of New Jersey in order to build a proposed $1 billion natural gas pipeline from Pennsylvania to New Jersey.

Oil prices rise over 4% on positive economic data from China

04 Sep 2019

NEW YORK Oil prices rose more than 4% on Wednesday, boosted by a wider market pickup on positive news from China, after three days of losses due to fears about a weakening global economy.

U.S. drillers add oil rigs for first week since June: Baker Hughes

16 Aug 2019

U.S. energy firms this week increased the number of oil rigs operating for the first time in seven weeks despite plans by most producers to cut spending on new drilling this year.

Oil soars near 5% as U.S. delays tariffs on some Chinese goods

13 Aug 2019

NEW YORK Oil prices on Tuesday jumped by the most so far this year after the United States said it would delay imposing a 10% tariff on certain Chinese products, easing concerns over a global trade war that has pummeled the market in recent months.

UPDATE 3-U.S. shale oil output to rise to record 8.77 mln bpd in Sept -EIA

12 Aug 2019

NEW YORK, Aug 12 U.S. oil output from seven major shale formations is expected to rise by 85,000 barrels per day (bpd) in September, to a record 8.77 million bpd, the U.S. Energy Information Administration forecast in its monthly drilling productivity report on Monday.

U.S. oil drillers cut rigs for sixth week in a row: Baker Hughes

09 Aug 2019

U.S. energy firms this week reduced the number of oil rigs operating for a sixth week in a row as producers cut spending on new drilling and completions leading to lower production growth forecasts.

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