Libbey Provides Additional Business Update on COVID-19 Response
April 10, 2020
Libbey Provides Additional Business Update on COVID-19 Response
Georgia Power focuses on readiness for predicted severe storms this weekend as COVID-19 pandemic continues
April 10, 2020
ATLANTA, April 10, 2020 /PRNewswire/ — Georgia Power remains committed to providing its 2.6 million customers safe and reliable service during the COVID-19 pandemic, while offering important safety tips and storm resources as storms are predicted to impact the state over the weekend. Spring is one of the most active seasons for severe thunderstorms with lightning, hail and tornadoes, though severe weather
Canada supports ‘concerted approach’ to end global oil glut: PM Trudeau
April 10, 2020
Reuters OTTAWA – Canadian Prime Minister Justin Trudeau on Friday said that efforts to ease the global oil glut should be done in a “concerted” way, without indicating whether the country would limit its own output. “We recognize that this is a global challenge for many, many different countries and having a concerted approach is extremely important,” Trudeau said of
Cooper Tire to Restart Mexico Facility April 13; U.S. Plants to Remain Temporarily Closed
April 10, 2020
Cooper Tire to Restart Mexico Facility April 13; U.S. Plants to Remain Temporarily Closed
Mexico says Trump agreed to help it meet global oil cut target
April 10, 2020
Reuters MEXICO CITY – President Donald Trump has “generously” agreed to cut American oil output by an additional 250,000 barrels per day to help Mexico contribute to global reductions, his Mexican counterpart said on Friday. During marathon talks on Thursday inside the OPEC+ group, oil producers resolved to make cuts equivalent to around 10% of global supplies, but Mexico balked
U.S. consumer prices fall as coronavirus pandemic strains economy
April 10, 2020
U.S. consumer prices fall as coronavirus pandemic strains economy
These are the three big things to focus on from OPEC and the G-20 meetings over the next 48 hours
April 10, 2020
CNBC There are three big things to focus on from OPEC and the G-20 meetings over the next 48 hours: 1) total global output cut, 2) benchmark production levels for those cuts, and 3) the length of time of any formal deal. The Cut Math The world is expected to cut an unprecedented 12 million to 15 million barrels of
Trump, Putin speak via phone for second consecutive day
April 10, 2020
President Donald Trump and Russian President Vladimir Putin spoke via phone for the second consecutive day Friday as the two world leaders talked about oil production and the coronavirus pandemic. The White House said Trump and Putin discussed ways to contain COVID-19, the local energy market likely dealing with the OPEC-Plus meeting this week and other bilateral and global issues.
U.S. rig count decreased by 62 this week, at 602
April 10, 2020
Oil and Gas 360 PUBLISHER’S NOTE: Rig count published on Thursday April, 9, 2020 due to the holiday. This week’s Baker Hughes rig count shows that U.S. had a decrease of 62 over last week, resulting in a total count of 602 rigs. Canada had a decrease of 6 over last week, resulting in a total Canadian count of 35
Norway says it may cut oil output if OPEC+ deal implemented
April 10, 2020
Reuters OSLO – Norway, Western Europe’s largest oil producer, signalled on Friday it could cut its output if the deal negotiated by the so-called OPEC+ nations was implemented as planned. Norway’s Minister of Petroleum and Energy Tina Bru is taking part in Friday’s G20 video conference to discuss the situation in the energy market after demand and prices were hammered
U.S. Energy Secretary tells G20 all nations should help reduce oil surplus
April 10, 2020
Reuters WASHINGTON – U.S. Energy Secretary Dan Brouillette on Friday described a dire situation in global energy markets, saying that the coronavirus pandemic and massive oil surplus have created a lethal combination. “This is a time for all nations to seriously examine what each can do to correct the supply/demand imbalance,” Brouillette said in prepared remarks for Friday’s G20 meeting
Valley Republic Bancorp Reports 1st Quarter 2020 Financial Results
April 10, 2020
BAKERSFIELD, Calif., April 10, 2020 /PRNewswire/ — Valley Republic Bancorp (the “Company”) (OTCQX: VLLX), the parent company of Valley Republic Bank (the “Bank”), today announced its financial results for the quarter ended March 31, 2020.
