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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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