Monday 4 May 2015
 
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production

Russia's oil production hits record 10.7m bpd

Russian oil and gas condensate production, among the world's largest, remained at a post-Soviet record level of 10.71 million barrels per day (bpd) in April, underpinned by a recent recovery in oil prices, Energy Ministry data showed.

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Al Naimi says Saudi oil production near record high in April

Oil Minister Ali Al Naimi says Saudi Arabia is producing near record levels of crude in April, underscoring the kingdom's willingness to defend market share at a time when oil markets have staged a fragile recovery.  

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Racing helmet factory starts production in Bahrain

Production has started at a Bahrain-based helmet factory that will outfit Formula One champions. Bell Racing Helmets factory is based in Sakhir, part of a one million-sq-m plot of land earmarked for the development by the Bahrain

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Oman Aluminium to double production by 2017

Oman Aluminium Rolling (OARC) plans to double production by 2017 with exports to the US, India and Italy, said the company’s chief commercial officer. Production at the $385-million OARC plant at the Sohar Industrial Estate

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Oman Aluminium to double production by 2017

Oman Aluminium Rolling (OARC) plans to double production by 2017 with exports to the US, India and Italy, said the company’s chief commercial officer. Production at the $385-million OARC plant at the Sohar Industrial Estate

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Apple likely to boost watch production quickly

Apple is likely to quickly ramp production of the Apple Watch after strong pre-orders outstripped limited supply in the first weekend following its launch, some Wall Street analysts said. Apple is widely expected to disclose weeke

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Opec’s no-cut strategy is not working: Iran

Opec’s strategy of holding output steady is not working and the group's members should discuss production levels before its next meeting in June, Iran's oil minister said, a sign of the pain lower prices are causing Opec’s le

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Racing helmets factory set to open in Bahrain

Up to 30,000 racing helmets will be made in Bahrain every year once an under-development factory in Sakhir starts production. The Bell Helmets factory deal was signed on the sidelines of last year's Formula One Gulf Air Bahrai

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H Holding Enterprise launches new record label arm

The H Holding Enterprise has launched a record label arm under its Joker Productions company to focus on production and marketing of music recordings and music videos. Within the music industry, most recording artists have become

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Oil production issues in focus at Bapco meeting

Oil production issues are in the spotlight at a key meeting being hosted by Bahrain Petroleum Company (Bapco). Bapco is hosting the 36th meeting of GCC national oil companies production and maintenance teams, said a report in the

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