Feb. 4 (UPI) --Petróleos Mexicanos, Mexico's state-owned oil company known as Pemex, announced Wednesday a $24.7 billion investment program to increase and sustain crude oil production under a plan ...

After sliding more than four per cent last year, mustard production may exceed by at least 10 per cent in 2025-26 due to increased area as well as conducive weather, so far. However, latest prediction ...

A European Commission proposal seeking to re-industrialise and decarbonise the bloc's heavy industry to combat fierce competition from China and the United States has been postponed for the second ...

Venezuelan state-run oil company PDVSA has begun cutting crude production because it is running out of storage capacity due to an ongoing US oil blockade that has reduced exports to zero, piling more ...

WASHINGTON—The Department of Government Efficiency’s mission at the Pentagon now includes not just cutting wasteful programs, but buying thousands of small drones for the U.S. military. Staffers ...

Nvidia has told Chinese clients it is evaluating adding production capacity for its powerful H200 AI chips after orders exceeded its current output level, according to two sources briefed on the ...

[SINGAPORE] Singapore’s factory output jumped 29.1 per cent year on year in October on the back of a surge in pharmaceutical manufacturing, data from the Economic Development Board (EDB) on Wednesday ...

Nigeria’s giant Dangote refinery says it now produces more gasoline and diesel than can be consumed locally, as it backed a proposal by the West African nation to impose a 15% import duty on refined ...

A fresh oil production hike by OPEC+ has sent yet another clear signal to the international crude market that its focus remains firmly on a higher market share. At their meeting on Sunday, eight ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. YANTAI, CHINA - AUGUST 4, 2025 - Staff members are monitoring the ...

OPEC+ is considering moving its meeting to Saturday to potentially approve an additional 411,000 bpd production hike for August. Actual increases have been lower than planned due to compliance issues ...