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Tag Archives: production

In Ukraine decreased production cars

In the total volume of car production the majority of them were passenger cars. In January-April in Ukraine released 1076 cars, which is 27.5% less than in the same period in 2015. This is stated in the report of the Ukrautoprom. In April 2016 in Ukrainian factories produced 299 of …

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OPEC increased its oil production to its highest level in eight years

The organization of countries-exporters of oil (OPEC) in April to increase production to 330 thousand barrels per day to 32.76 million barrels. This is the maximum value since 2008. The relevant information contains in materials of the International energy Agency (IEA). Production increased at the expense of Iran and the …

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For four years, Kuwait will double oil production

Oil production in Kuwait over the next four years will grow almost twice. This statement was made by the Director of research of the state oil company Kuwait Petroleum Corp. Abdulaziz al Attar. Speaking at the world petroleum summit Platts in London, he said that by 2020, Kuwait is planning …

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Saudi Arabia to dramatically increase oil production

Saudi Arabia predicts significant growth of oil production in the country in 2016 and intends to expand its presence in the global market. This was stated by the head of the state oil company Saudi Aramco Nasser Amin, said on Tuesday, may 10, Bloomberg. In particular, in the coming weeks …

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Iran rejects the plan to freeze oil production

Iran considers unacceptable the plan to “freeze” the oil output proposed by Saudi Arabia. This was stated Sunday by the Minister of petroleum of the Islamic Republic of Bijan Namdar Zanganeh, speaking at the evening program of television channel IRINN. “We under no circumstances will not accept the plans of …

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Iran agreed to freeze oil production

Iran has expressed readiness to join the plan to freeze oil production, RIA Novosti reported. This decision was declared by the representative of the Iranian national oil company NIOC. Previously, Tehran insisted on the restoration of production levels of oil, as the sanctions imposed on it has painfully affected the …

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