Production
Seatrium wins contract for deepwater new-build production unit
SEATRIUM has secured a contract to perform engineering, procurement, construction and onshore commissioning work for a deepwater new-build production unit under BP Exploration & Production, a subsidiary of multinational...
Boeing says it has resumed 767, 777 wide-body production
BOEING said late on Tuesday it has resumed production of all airplane programmes that had been halted by a machinists’ strike in the Pacific North-west.The planemaker confirmed last week...
EV maker VinFast to build second production plant in Vietnam
Vietnamese electric vehicle (EV) manufacturer VinFast on Sunday (Dec 8) announced a plan to build its second domestic production plant that will double its output capacity, saying it is...
Opec+ delays revival of its oil production by three months
OPEC+ delayed the revival of its oil production by three months, a delegate said, the third time it’s deferred the move while crude prices struggle amid a looming surplus.
The...
Nissan October production down globally except in Mexico, but Trump tariff threat looms
NISSAN Motor said on Thursday (Nov 28) that its global production fell for a fifth straight month in October, led by downshifts at most of its manufacturing hubs except...
UK car outlook worsens after eight straight months of declining production
UK CAR output slumped for the eighth consecutive month in October, leading the industry’s trade group to warn of further deterioration in the outlook for automakers.Production dropped 15 per...
Nissan falls on report of further production cuts, tariff threat
NISSAN Motor shares fell on Tuesday (Nov 26) after reports the struggling automaker plans to cut production in the US, and President-elect Donald Trump touted plans to impose tariffs...
Toyota aims to ramp up China production in a strategy pivot: sources
TOYOTA aims to make at least 2.5 million vehicles a year in China by 2030, three sources said, an overhaul that will see it bring its Chinese sales and...
