VIENNA, Nov. 3 (Xinhua) -- Eight member countries of the OPEC+ oil-producing group anounced on Sunday to further extend their voluntary output cuts by...

NEW YORK: Exxon Mobil Corp and Chevron Corp capped Big Oil earnings season by revealing blockbuster increases in fossil fuel production – just as...

BGMEA had demanded a massive production disruption due to recent labor unrest. Apart from this, there have been various incidents including factory...

Ford has announced at least a seven-week pause in production of its F-150 Lightning in the face of weak demand for the electric pickup truck. The...

The United Arab Emirates opened its annual oil and gas summit on Monday as it plans to increase the country’s energy output as global prices stay...

The Philippines will end 2024 with a higher milk production due to the expansion of its dairy herd, the United States Department of Agriculture (USDA)...

Taiwan plans to help its companies move production out of China amid concerns over potential US tariffs. The move comes after US president-elect...

Nissan Motor announced a $2.6 billion cost saving plan on Thursday, including 9,000 job cuts and a 20% reduction in global production capacity as it...

Apple is now said to be reducing production of the non-Pro iPhone 16 model, i.e. iPhone 16 and iPhone 16 Plus between now and the first half of 2025....

Brent up 1.6%, WTI up 1.7%