Latest Stories

OPEC raises forecast for Russia’s 2023 oil production

15 August 2023

The latest OPEC Monthly Oil Market Report shows that non-OPEC liquids supply is expected to rise, mainly due to a 100,000 barrels per day increase in sanctions-affected Russian production.

Voltalia opens new Albania office

15 August 2023

Euronext Paris-listed Voltalia has been active in Albania for more than five years. Voltalia initially undertook solar power plant construction for local clientele, later diversifying into its own photovoltaic and wind energy projects.

Guyana, Dominican Republic sign MoU on joint construction of 50,000 bpd refinery

15 August 2023

The governments of Guyana and the Dominican Republic have agreed to team up to find a strategic investor for a new oil refinery project.

Iran increases gas swap delivery deal with Turkmenistan and Azerbaijan

14 August 2023

Iran has increased a gas swap deal with Turkmenistan and Azerbaijan from 4.5mn cubic metres per day to 7.5 mcm per day, Tehran’s ambassador to Ashgabat said to Tass on August 13.