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Tag: production

Divided Libya to restart oil production after six-month shutdown

2020-07-10 16:03:53| Guardian Unlimited Business - more business news

National Oil Company move could be a sign of progress in UN-led talksThe Libyan National Oil Company has announced the resumption of oil production and exports after a nearly six-month shutdown that has cost the country $6bn (4.7bn) in lost revenues and deepened the countrys civil war.The NOC has lifted force majeure on all oil exports from Libya, the company said in a statement, adding that production would take time to return to previous levels. A first ship was due to start loading crude from the oil port al-Sidra in the east of the country, the statement said. Continue reading...

Tags production oil divided libya

Meatpacking production returns to near normal, but workers still paying the price of COVID-19

2020-07-07 20:33:17| Chicago Tribune news - Business

Millions of dollars have been spent on COVID-19 safety measures at meat plants, but testing has been uneven and data remains scarce.

Tags of price normal production

Boeing is reportedly ending production of its 747 jumbo jet

2020-07-05 04:03:24| Engadget

If it wasnt already apparent that the era of big flying is ending, it might be soon. Bloomberg sources say Boeing is ending production of its iconic 747 jumbo jet (specifically, the 747-8) in about two years. A spokesperson for the aircraft maker...

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ConocoPhillips Plans to Restart Production in Alaska in July

2020-06-30 16:16:00| Fool.com Headlines

The oil giant is slowing restarting its oil pumps as prices improve.

Tags july production plans alaska

Northern White Sand Consortium: Rystad Energy Study Links Sand Proppant Type to Decreased Oil and Gas Production and Profitability

2020-06-30 12:55:11| Send2Press Newswire

HOUSTON, Texas, June 30, 2020 (SEND2PRESS NEWSWIRE) -- The Northern White Sand Consortium (NWSC), a subgroup of industry participants, formed under the Wisconsin Industrial Sand Association, announced today that a report by Rystad Energy examining 800 Shale Oil wells completed using in-basin sand, across 7 operators in the Permian basin.

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