Browsing: Production

QatarEnergy chief Saad al-Kaabi announced on Sunday a new expansion of its liquefied natural gas production that will add a further 16 million tonnes per annum (mtpa) to existing expansion plans, bringing total capacity to 142 mtpa.

RIYADH: The Gulf Cooperation Council region has the potential to grow its gross domestic product by 1.6 percentage points over the next 10 years by utilizing a new productivity index, a study showed. 

The British economy fell into recession in the final quarter of 2023, according to official figures released on Thursday.

RIYADH: Saudi Arabian Oil Co. is eyeing for continuity in the production of all types of energy including oil and gas, along with renewables, its CEO said. 

RIYADH: Saudi Arabia’s mining and quarrying sector drove industrial production in December 2023, contributing to a 0.4 percent increase in the monthly index, official data showed.  

Washington has introduced a slew of export restrictions aimed at stalling advances in China’s semiconductor industry

Finnish mobile phone manufacturer HMD Global, the maker of the iconic Nokia cell phones, has announced plans to launch a new product line under its own brand.

Russia expects to see a major increase in drones supplied to its military this year, Deputy Prime Minister Denis Manturov said in an interview with the TV channel Russia 24 on the sidelines of the second World Defense Show that kicked off in Riyadh on Sunday.

Gasoline production in Russia saw a year-on-year decrease of nearly 2% last month due to an accident at one of Russia’s major processing plants and to Ukrainian drone attacks targeting several other refineries, Kommersant reported on Monday.

The discovery could help fulfill the Southeast Asian country’s goal of becoming a regional hub for electric-vehicle production