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Saudi Arabia Chafes at False Promises on Oil Cuts from OPEC Partners

2020-09-17 18:30:00| OGI

Moves to flout deal terms on oil cuts damage reputation of OPEC+, Saudi Arabias energy minister says.

Tags: partners oil false arabia

 

John Lewis cuts bonus as losses slump to GBP635m

2020-09-17 11:52:00| Daily apparel & textile news and comment - from just-style.com

John Lewis & Partners has said it will not pay a staff bonus next year as it revealed a loss before tax in the first half of GBP635m (US$822m).

Tags: john bonus lewis losses

 
 

OPEC+ Meeting Unlikely to Advocate Deeper Oil Production Cuts, Sources Say

2020-09-14 20:20:00| OGI

Five OPEC+ sources said a virtual meeting on Sept. 17, known as the joint ministerial monitoring committee, was also unlikely to recommend changing oil output targets despite Brent prices falling.

Tags: production meeting sources oil

 

Shale Producer EQT Cuts Natural Gas Production in September

2020-09-10 21:30:00| OGI

The production curtailment was smaller than EQT's last reduction of about 1.4 Bcfe/d of gross production on May 16 as demand destruction from the coronavirus cut prices for the fuel to a near 25-year low.

Tags: september natural production gas

 

Philippines garment supplier cuts over 4,000 jobs

2020-09-08 16:29:00| Daily apparel & textile news and comment - from just-style.com

Philippines labour groups Partido Manggagawa (PM) and the MEPZ Workers Alliance have appealed for government assistance for the lay-off of around 4,000 garment workers at the Sports City group of companies, said to supply Adidas.

Tags: jobs philippines supplier cuts

 

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