The first phase of the project, which began production in 2020, has already established a solid foundation for this new development.

The ministry further explained that production levels in August and September are expected to compensate for the overproduction in July.

In a significant escalation of trade tensions, China has formally challenged the European Union’s recent preliminary ruling on imported electric vehicles (EVs) through the World …

The global oil market is facing a period of uncertainty as demand growth fails to keep pace with planned supply increases by OPEC+, according to …

In the US, a decline in new jobless claims provided relief, easing recession fears and supporting oil prices.

Analysts caution that investors may see some profit-taking in the near term due to the significant run-up in the stock prices.

The National Highway Traffic Safety Administration (NHTSA) has launched a preliminary evaluation into more than 77,000 Nissan vehicles over reports of an issue with the …

Support for oil prices on Wednesday was driven by a significant 3.7 million barrel reduction in US crude inventories, which far exceeded the anticipated draw …

Uber’s ride-sharing division, which remains its largest, saw a 25 per cent increase to USD 6.13 billion, surpassing expectations of USD 5.94 billion.

The delay underscores the challenges Boeing faces in competing with SpaceX in the commercial crew transportation market.