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Chip-shortage 'crisis' halts car-company output

2021-01-18 15:49:01| BBC News | Business | UK Edition

A shortage of computer chips is leading to car factories shutting down for days at a time.

Tags: output crisis halts

 

OPEC Sees US Shale Output Recovering Further on Oil Rally

2021-01-15 15:56:19| OGI

The outlook for U.S. shale oil is slightly more optimistic due to rising prices and output will recover further in the second half of 2021, OPEC said on Jan.14, in a sign its policy of cutting output is helping rivals pump more.

Tags: oil output sees rally

 
 

Azerbaijans Absheron Gas Field Output Start-up Pushed to 2022

2021-01-13 15:27:16| OGI

The site is being developed by SOCAR and Frances Total and is part of Azeri plans to become a major gas exporter.

Tags: field gas output startup

 

EIA: US Natural Gas Output, Demand to Fall for Second Year in 2021

2021-01-13 11:05:00| OGI

If the EIA outlook is correct, 2021 would be the first time U.S. natural gas output falls for two years in a row since 2005, and 2022 would be the first time consumption falls for three consecutive years since 1983.

Tags: year natural fall gas

 

OPEC Output Cuts Should Help US Shale Profits in 2021

2021-01-11 11:05:00| OGI

Higher oil prices will fall directly to U.S. shale producers' bottom lines given recent cost cuts and commitments to keeping output flat.

Tags: output cuts profits opec

 

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