production

PDO’s Nimr Cluster Celebrates Historic Milestone with 1,500th Well Drilled

Petroleum Development Oman (PDO) reaches a significant milestone as it drills its 1,500th well at the Nimr Oil Field, marking…

2 years ago

Exclusive: Peru mines on power despite protests, though halt risk looms

Peru's biggest copper mines have been able to maintain production despite road blockades, attacks and protests that have roiled the…

3 years ago

Two energy giants, two green projects: one double-booking in North Sea

Oil major BP plans to build a vast carbon capture project beneath the North Sea that would be crucial to…

3 years ago

Taiwan seeks to reassure on TSMC commitment to island despite U.S. investment

Taiwan's economy minister said on Wednesday that the island remains chipmaker TSMC's most important production base after the company announced…

3 years ago

Analysis: G7 Russian oil price cap evolves from revenue squeeze to market anchor

When U.S. officials first floated the idea of capping Russian oil export prices in response to a planned European embargo…

3 years ago

G7 price cap on Russian oil kicks in, Russia will only sell at market price

The Group of Seven price cap on Russian seaborne oil came into force on Monday as the West tries to…

3 years ago

Apple supplier Foxconn adjusts production to avoid holiday blues

Apple Inc supplier Foxconn said on Thursday it expected smartphone revenue to fall this quarter and is adjusting production to…

3 years ago

Spain’s Iberdrola to invest $47 bln in energy transition in 2023-25

Spain's Iberdrola will invest 47 billion euros ($47 billion) in electricity networks, renewable energy production and customer businesses over the next…

3 years ago

Exclusive: Tesla plans mass production start for Cybertruck at end of 2023

Tesla aims to start mass production of its Cybertruck at the end of 2023, two years after the initial target for…

3 years ago

Factbox: A global treaty to curb plastic pollution

More than 100 United Nations member states will convene this month to draw up a blueprint for the first-ever global…

4 years ago