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Tag: cuts outlook
IEA Cuts Oil Demand Outlook Due to COVID-19 Resurgence
2021-01-19 17:05:00| OGI
The emergence of new strains of the virus, renewed lockdowns in China and logistical hurdles facing vaccine roll-outs contributed to the gloomier oil demand outlook by the IEA.
OPEC Cuts 2021 Oil Demand Outlook Again Citing Pandemic Impact
2020-12-14 19:00:00| OGI
The prospect of a weaker demand recovery has already prompted OPEC and its allies, a group known as OPEC+, to slow the pace of its scheduled oil-output boost in 2021.
Tags: impact
oil
demand
outlook
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
Telenor cuts FY outlook as underlying revenues turn lower in Q2
2020-07-16 09:19:00| Telecompaper Headlines
(Telecompaper) Telenor has lowered its outlook for full-year results, after the Covid-19 outbreak led to a slowdown in the second quarter. Organic growth in subscription and traffic revenues turned negative in the quarter, down 3.6 percent, and Telenor now expects a low single-digit decline over the full year. Cost reductions helped the company lift EBITDA in the quarter, and Telenor targets a stable result in the full year.
Tags: in
turn
lower
underlying
Colombia Cuts National Oil Production Outlook for 2020
2020-04-30 19:54:16| OGI
If Brent oil prices hit about $35 per barrel national, oil output could average around 850,000 barrels per day, down from a previous forecast of 900,000 barrels, Colombia's energy leaders said.
Tags: national
production
oil
colombia