Keywords: PRODUCTION
Saudi Arabia has begun reducing oil production as the effective closure of the Strait of Hormuz fills storage facilities across the Persian Gulf, intensifying what analysts describe as the largest supply disruption in modern oil market history. The move by the world’s largest oil exporter comes......
Italy’s defence minister has called on the country’s defence industry to accelerate military production in response to a rapidly changing global security environment. The appeal reflects growing concerns within Europe about geopolitical instability and the need to strengthen national defence......
Kuwait has implemented a precautionary reduction in crude oil production and refining throughput amid ongoing tensions with Iran, the Kuwait Petroleum Corporation (KPC) announced on Saturday. The move follows recent Iranian attacks against Kuwaiti territory and concerns over safe passage of ships through......
China’s top economic planning body has announced plans to curb excess production capacity in major heavy industries, including steel and oil refining, as the country continues to struggle with persistent overproduction across key commodity sectors. The National Development and Reform Commission......
Scientists from the University of Warwick and the Massachusetts Institute of Technology have directly observed how microscopic networks on catalyst surfaces coordinate chemical reactions, challenging long standing assumptions about how catalysts function. The discovery could accelerate the development......
Türkiye has reached a major milestone in its rail industry with the completion of its first National Electric High-Speed Train set, capable of operating at speeds of up to 225 kilometers per hour. The train is scheduled to begin testing this week, marking the official launch of a project aimed at......
Industrial production across parts of South Asia has begun to slow or halt after the suspension of liquefied natural gas output in Qatar disrupted fuel supplies to major manufacturing and fertilizer sectors in India and Pakistan. The shutdown followed Iranian drone strikes on energy infrastructure at......
French media company Banijay Group announced a merger of its television production business with UK based All3Media, creating one of the world’s largest independent content producers with combined annual revenue exceeding $6.6 billion. The deal brings together production companies behind major......
The ongoing tensions in the Middle East present Brazil with a unique opportunity to attract international investment in its oil industry, according to Shell's CEO in the country. Cristiano Pinto da Costa emphasized that Brazil’s political stability and reputation as a dependable oil producer......
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