Sentences with phrase «years of declining output»

After years of declining output, major oil companies have ramped up crude production this year, just as they are being battered by a plunge in prices due to already excessive supplies.

Not exact matches

We're looking at a 30 percent decline in output from last year,» said Yuriy Makogon, an economist at the University of Donetsk.
Over the past decade there has been little growth in manufacturing output and the level of employment has declined, particularly over the past couple of years (Graph 3).
The US oil - rig count plateaued near the highest level in three years and showed signs of declining in late March (to 797), though it still stood 50 rigs above the year - end 2017 total.2 This contributed to expectations for a further increase in American crude production, which has topped 10 mb / d each week since early February, when WTI prices began to recede from their intra-quarterly high of US$ 66.14 a barrel.3 The amount of crude in US storage occasionally exceeded weekly estimates given the higher domestic output and fluctuating net import figures, reigniting fears that US production may thwart OPEC's efforts to clear global oversupply.
Despite seeing gold output decline by 2 %, Newmont claimed the title of world's biggest bullion producer as it surpassed rival Barrick by 16,000 ounces in the first three months of the year.
It is reported that the Canadian percentage of «the world's output in Catholic social teaching documents» has sharply declined in the last few years.
Saphir said the situation was leading to an overall decline in UK production, with net output this year falling by three million litres due to the rate of farmers leading the industry.
What is particularly disappointing is the weakness of the private commercial market where output is expected to decline both this year and in 2013.
The fleet's net output of electricity has declined from 429 terawatt hours in 2005 to 404 TWh last year, though this could be for a range of reasons, including weak energy demand.
«Within 10 years of the Montreal Protocol the output of refrigeration compressors in the U.S. increased by 60 per cent, whereas in Europe it declined by a similar proportion.
As Bryce points out, shale natural gas wells deplete at a very fast rate: «The new shale gas wells... have steep decline curves, meaning that output from some wells may fall by 80 to 90 percent during the first year of production.»
But it also finds that output from the world's oil fields, some of them discovered more than 30 years ago, is declining much faster than previously thought.
The output of all the main sources of thermal electricity generation declined in the first nine months of this year, as hydro, wind and solar boomed and demand fell.
The take up rate would stop the natural increase in electricity generation required for increasing numbers of dwellings and in several years their would be a decline in electricity output from the coal fired power stations to equal or match that required by industry and commerce.
[From the LA Times:] Output at Mexico's most important oil field has fallen steeply this year, raising fears that wells there that generate 60 % of the country's petroleum are in the throes of a major decline.
The output of Snowtown Wind Farm is expected to decline by 19GWh / year (4.9 %) following construction of Snowtown 2 due to wind shading.
Three states alone — Pennsylvania, Kentucky and West Virginia — produce 52 % of the high - quality thermal and metallurgical coal in the U.S. Coal output in all three of these states has been flat or in decline for many years.
Unfortunately, Paul Collard did not fully appreciate the importance of cooling systems to preempt premature aging and his systems succumbed to declining output in only a year or two.
(7) In its 2007 World Energy Outlook, the IEA predicted a rate of decline in output from the world's existing oilfields of 3.7 % a year (8).
The model outputs are generally presented as an average of an ensemble of individual runs (and even ensembles of individual runs from multiple models), in order to remove this variability from the overall picture, because among grownups it is understood that 1) the long term trends are what we're interested and 2) the coarseness of our measurements of initial conditions combined with a finite modeled grid size means that models can not predict precisely when and how temps will vary around a trend in the real world (they can, however, by being run many times, give us a good idea of the * magnitude * of that variance, including how many years of flat or declining temperatures we might expect to see pop up from time to time).
Cumulatively, output of the electronics cluster declined 2.3 % from January to July this year, compared to the same period last year.
The report found that for each year of a system's age, solar premiums decline 9 % — falling much faster than either system income (which decreases.5 % annually), system cost (which increases 5 % annually), or system output (which decreases around 1 % annually).
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