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Hurricane Ida Cuts Deep into US Oil Production, Gasoline Supplies

2021-08-30 11:05:00| OGI

Ida made landfall on Aug. 29 near Port Fourchon, the land base for the Louisiana Offshore Oil Port (LOOP), the largest privately-owned crude terminal in the U.S.

Tags: production supplies deep oil

 

Lordstown Motors cuts 2021 production estimate for electric pickup to at best 50% of prior expectations

2021-05-26 13:55:41| Green Car Congress

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Report: Russian Oil Bosses Debate Extending Production Cuts into 2021

2020-11-02 21:40:00| OGI

OPEC and Russia imposed a record oil output cut in April to support prices as the COVID-19 pandemic shrank demand. They are considering further steps as the global number of coronavirus cases is rising sharply.

Tags: report production oil russian

 

Hess Posts Wider-than-expected Q3 Loss, Cuts Annual Production Forecast

2020-10-28 14:01:23| OGI

U.S. oil and gas producer�Hess�Corp. reported a�wider-than-expected�loss�on Oct. 28 and slightly lowered its full year�production�forecast, as its operations were affected by hurricanes in the Gulf of Mexico and lower�production�in South East Asia.

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Shale Producer Cabot Cuts Production Outlook on Weak Gas Prices

2020-10-08 01:44:22| OGI

"We remain optimistic about the improving natural gas supply and demand outlook heading into 2021," Cabot Oil & Gas CEO Dan Dinges says.

Tags: prices production gas weak

 

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