Thursday 1 September 2016
 
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production

Aramco in advanced talks to build China refinery

Saudi Aramco is in advanced negotiations with China National Petroleum Corporation (CNPC) to build the Yunnan refinery in China, its chairman said on Al Arabiya TV on Wednesday. Khalid Al-Falih, who is also Saudi Arabia's ener

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Saudi doesn't target specific oil output level: Al-Falih

Saudi Arabian Energy Minister Khalid Al-Falih said the top crude exporter does not target a specific figure for its oil production and that its output is based on customers' needs. "We in the kingdom of Saudi Arabia do no

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Ford extends production of new Ford GT by 2 years

Ford Performance, a global automotive and mobility company, said that it will offer the new Ford GT for two additional production years, bringing the production commitment of the supercar to a total of four years. The announcement

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Egypt's gas output to top 7.5bn cu ft by 2020

Egypt will increase its production of natural gas to more than 7.5 billion cu ft per day by 2020-21, Oil Minister Tarek El Molla said on Saturday. Once an energy exporter, Egypt has turned into a net importer because of declining

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Opec points to 2017 oil surplus as Saudi output hits record

Top oil exporter Saudi Arabia boosted its oil output to a record high in July, it told the Organization of the Petroleum Exporting Countries (Opec), in a sign key members remain focused on market share rather than tackling a supply glut by cur

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Boeing will not raise 787 production unless market demands it

Boeing Co said on Wednesday it will not increase 787 output and could further cut 777 output unless sales of both jets improve, its clearest indication yet that its production of large jetliners may have peaked for now. "If t

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Gulf fertiliser production to reach 43m tonnes by 2021

Fertiliser production in the Gulf is set to expand to 43.1 million tonnes in the next five years, according to a new report by the Gulf Petrochemicals and Chemicals Association (GPCA). At 37.8 million tonnes, the GCC’s curre

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Gulf fertiliser production to reach 43m tonnes by 2021

Fertiliser production in the Gulf is set to expand to 43.1 million tonnes in the next five years, according to a new report by the Gulf Petrochemicals and Chemicals Association (GPCA). At 37.8 million tonnes, the GCC’s curre

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Iraq's crude production rises to 4.632m bpd in July

Iraq's crude oil production in July rose to the highest level since January, as the country's supply slowly gets back on track despite low oil prices and a conflict with Islamic State militants. The Opec member pumped 4.63

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Audi adopts digital production processes; wins award

On its way to becoming a digital car company, Audi is making its production sites fit for the digital future. In recognition of this, the company received the “Digital Economy Award” from Initiative Deutschland Digital

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