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GUYANA: Disputes may delay but not end oil development
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DOI: 10.1108/OXAN-ES285713
ISSN: 2633-304X
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Yet this follows a government directive that the company cancel increases in its maximum sustainable capacity (MSC) of crude oil production from 12 million barrels per day (b/d…
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DOI: 10.1108/OXAN-DB285954
ISSN: 2633-304X
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The deal builds on the recent ten-year agreement on maritime defence cooperation. Somalia is believed to have significant onshore and offshore oil and gas potential. However…
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DOI: 10.1108/OXAN-DB286121
ISSN: 2633-304X
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VENEZUELA/US: CITGO auction may go ahead
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DOI: 10.1108/OXAN-ES284698
ISSN: 2633-304X
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However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…
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DOI: 10.1108/OXAN-DB285374
ISSN: 2633-304X
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The IMF has revised downwards its forecast for Saudi GDP growth in 2024 to 2.7% but raised its 2025 forecast to 5.5%. This reflects a positive medium-term outlook for the Gulf…
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DOI: 10.1108/OXAN-DB285518
ISSN: 2633-304X
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BULGARIA/RUSSIA: Lukoil stops refining Russian crude
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DOI: 10.1108/OXAN-ES284099
ISSN: 2633-304X
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Official figures suggest that 10 million people participated in a referendum held on December 3 in which over 90% of those who voted (accounting for nearly half of the electorate…
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DOI: 10.1108/OXAN-DB283793
ISSN: 2633-304X
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VENEZUELA: CITGO sale delay may prove to be temporary
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DOI: 10.1108/OXAN-ES284619
ISSN: 2633-304X
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Meanwhile, the government and the Reserve Bank of India (RBI) both expect 6.5% GDP growth in the fiscal year ending March 2024, which would put the country among the top economic…