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OPEC+ Lowers Oil Demand Growth Forecast Ahead of Meeting

2021-03-31 11:15:00| OGI

The Joint Technical Committee of OPEC+, which advises the group of oil-producing nations that includes Saudi Arabia and Russia, met on March 30 ahead of a ministerial meeting on April 1 to decide output policy.

Tags: meeting growth oil demand

 

Telstra's half-year revenue, profit decline, lowers FY sales guidance

2021-02-11 10:21:00| Telecompaper Headlines

(Telecompaper) Australian operator Telstra posted total income of AUD 12 billion for the half-year ended 31 December 2020, which represents a decline of 10.4 percent year-on-year...

Tags: sales profit revenue guidance

 
 

UK government lowers gigabit target to 85%: What do the experts think?

2020-11-26 01:00:00| Total Telecom industry news

Yesterday, as part of a broader spending review, Chancellor Rishi Sunak announced that the plans for 100% coverage of gigabit broadband by 2025 have been reduced to just 85%. While the £5 billion promised for the project remains the same, these funds will be released more slowly than previously planned, with just £1.2 billion to be made available until 2024.   At this year’s Connected Britain conference, the topic of achieving the government’s gigabit targets were addressed by numerous panels, which overall displayed a sense of optimism – provided that regulations were adjusted to facilitate the operators as much as possible.   Organising this regulation is itself huge challenge, a constant back-and-forth between the operators and the regulator. However…read more on TotalTele.com »

Tags: what think government target

 

Devon Energy Lowers Full-year Capex Forecast

2020-10-29 21:35:00| OGI

Devon Energy said it now expects exploration and production capex to be between $950 million and $990 million, $10 million lower at the top end of an earlier forecast, its third reduction to the budget since March.

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Lightning Systems lowers prices of electric powertrains while adding and enhancing features

2020-08-27 12:55:36| Green Car Congress

Tags: features systems prices adding

 

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