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Hurricane Ida Cuts Deep into US Oil Production, Gasoline Supplies

2021-08-30 11:05:00| OGI

Ida made landfall on Aug. 29 near Port Fourchon, the land base for the Louisiana Offshore Oil Port (LOOP), the largest privately-owned crude terminal in the U.S.

Tags: production supplies deep oil

 

Lordstown Motors cuts 2021 production estimate for electric pickup to at best 50% of prior expectations

2021-05-26 13:55:41| Green Car Congress

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Report: Russian Oil Bosses Debate Extending Production Cuts into 2021

2020-11-02 21:40:00| OGI

OPEC and Russia imposed a record oil output cut in April to support prices as the COVID-19 pandemic shrank demand. They are considering further steps as the global number of coronavirus cases is rising sharply.

Tags: report production oil russian

 

Hess Posts Wider-than-expected Q3 Loss, Cuts Annual Production Forecast

2020-10-28 14:01:23| OGI

U.S. oil and gas producer Hess Corp. reported a wider-than-expected loss on Oct. 28 and slightly lowered its full year production forecast, as its operations were affected by hurricanes in the Gulf of Mexico and lower production in South East Asia.

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Shale Producer Cabot Cuts Production Outlook on Weak Gas Prices

2020-10-08 01:44:22| OGI

"We remain optimistic about the improving natural gas supply and demand outlook heading into 2021," Cabot Oil & Gas CEO Dan Dinges says.

Tags: prices production gas weak

 

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