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US Army Corps of Engineers to Appeal DAPL Shutdown

2020-07-14 11:10:00| OGI

Attorneys for the Corps filed a notice of appeal with the U.S. Court of Appeals for the District of Columbia, a week after a lower court said the 570,000-bbl/d Dakota Access oil pipeline needed to be shut and emptied.

Tags: army appeal corps engineers

 

Dakota Access Seeks Stay of Pipeline Shutdown Order Pending Appeal

2020-07-09 20:05:00| OGI

Dakota Access said shutting the line would cost companies and state economies billions of dollars and result in the loss of thousands of jobs.

Tags: order access stay appeal

 
 

DAPL Shutdown May Revive Oil-By-Rail Industry

2020-07-07 17:23:09| OGI

Those with tank cars may feel fortunate, but bringing back furloughed workers may depend on the length of the shutdown.

Tags: industry shutdown revive dapl

 

Libyas Sharara Oil Field Declares Force Majeure after New Shutdown

2020-06-09 16:00:00| OGI

The Sharara Oil Field, one of Libya's largest production areas, is run by a joint venture between the country's National Oil Corp. and Spain's Repsol, France's Total, Austria's OMV and Norway's Equinor.

Tags: field force oil shutdown

 

Lenovo Q4 results hit by Wuhan production shutdown, product shortages

2020-05-20 09:15:00| Telecompaper Headlines

(Telecompaper) Lenovo reported revenue for its fiscal fourth quarter down 9.7 percent year-on-year to USD 10.6 billion. The company was hurt by the shutdown of its main smartphone production site in Wuhan due to the covid-19 pandemic as well as slower sales at its main PC business. Operating profit fell 39 percent to USD 166 million, and the net profit was down 64 percent to USD 43 million. 

Tags: results product hit production

 

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