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The third quarter 2023 confirms Alfa Romeo’ steady growth

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Alfa Romeo

The goals the brand has set itself are clearly challenging, and 2023 is proving a complex year, although outstanding business performance confirms the robust strategy adopted by the brand

AMSTERDAM, Netherlands, November 16, 2023/APO Group/ — 

Once again, Alfa Romeo has filed Q3 2023 showing steadily growing sales results around the world. The overall global figure for the year was up by a solid 39%, with a rise of 10% year-on-year for the quarter just ended; Europe is a major contributor to growth: the overall annual figure is up 66% net; The third quarter ended up 15% year-on-year; Strong and steady growth continues in Middle East & Africa: a rise of 128% over the year as a whole and up 66% in the third quarter; The India-Asia Pacific region also grew, with the Tonale’s debut contributing to a rise of 27% for the quarter; The overall year-to-date figure shows an increase of 5%; In Asia, to follow its debut in Hong Kong, Alfa Romeo has strengthened its presence in the region with the opening of a new official dealership in Singapore; In China, the launch of the new Giulia, the new Stelvio and the Tonale has completed the Alfa Romeo line-up; The Plug-In Hybrid version of the Tonale has made its debut in Japan; In the U.S., where the Tonale has just come on sale, the main highlight is the result for September, with a rise of 7% year-on-year.

After filing a first half of the year with extremely positive results, Alfa Romeo continues its steady growth, based on its discipline in implementing a solid strategic product plan based on rigor in pursuing the highest standards in terms of quality. With a constant eye on the European market, the brand’s strategy is focused on strengthening its global presence. Alfa Romeo recently made its official debut in Saudi Arabia, on the island of Martinique, in Singapore, in Hong Kong, and strengthened its presence with the launch of the Tonale in Dubai, Morocco and Japan.

The goals the brand has set itself are clearly challenging, and 2023 is proving a complex year, although outstanding business performance confirms the robust strategy adopted by the brand.

Globally in Q3 2023, the brand’s registrations grew by 39% and 10% in the quarter in question, with strong growth in Europe demonstrated by average values of a rise of 66% YTD, and 15% up in the third quarter.  Driving the region’s outstanding performance were Italy (up 95.3% YTD; up 36.5% in Q3), Germany (83.7% YTD; 37.9% in Q3), Belgium (82.0% YTD; 59.4% in Q3), and France (72.3% YTD; 7.7% in Q3).

With a constant eye on the European market, the brand’s strategy is focused on strengthening its global presence

Recording an increase of 128% in the annual total, the Middle East & Africa region has confirmed its record-breaking growth trend, with a rise of 66% in Q3 alone. The region is currently a certainty for the Italian brand, which has been growing steadily since 2022. Specifically, Turkey has emerged as the global leader in terms of growth rate in volume, up sixfold year-on-year. The extremely positive trend is also confirmed this quarter with a rise of 160%. To strengthen the brand’s presence in the region, the entire Alfa Romeo line-up (the Giulia, Stelvio, and Tonale) has been launched in Dubai, with the new Giulia and new Stelvio debuting in Morocco.

In Asia, Alfa Romeo continues to strengthen its presence. With a rise of 27% compared to Q3 2022, the India-Asia Pacific region is a key strategic area. To testify to the brand’s focus, a new official flagship store has opened in Singapore, to follow on from the brand’s debut in Hong Kong. In addition, in China and Japan, after the launch of the new Giulia and new Stelvio, the time has come for the Tonale, orders are which are finally open for the brand’s fans.

The Tonale has also made its debut in the U.S. To follow amazing results in terms of quality in the Initial Quality Study (IQS) produced by JD Power – in which Alfa Romeo took the top step of the podium among premium brands, with third place in the industry as a whole – the Italian brand is ready to re-establish itself with a renewed line-up in a continent with great potential: in September, there was a decent rise of 7% year-on-year.

Finally, Alfa Romeo’s return to Martinique is worth a mention, with the opening of a new brand showroom.

Distributed by APO Group on behalf of Stellantis.

Energy

Venezuela Energy Week Confirms 19 August Date for Houston Industry Showcase

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Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the Houston Industry Showcase will take place on 19 August, convening U.S. energy leaders ahead of Venezuela Energy Week 2027 in Caracas

HOUSTON, United States of America, August 10, 2026/APO Group/ –The organizers of Venezuela Energy Week (VEW) have confirmed that the Houston Industry Showcase will take place on 19 August 2026 at The Post Oak Hotel. Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the event will bring together U.S. energy companies, investors and policymakers to explore commercial opportunities ahead of Venezuela Energy Week 2027 in Caracas in February.

The showcase will feature Minister of Hydrocarbons Paula Henao as a keynote speaker, providing an update on Venezuela’s energy priorities, investment agenda and opportunities for international partnership. Her participation underscores the country’s commitment to strengthening engagement with global industry as it seeks to expand production and unlock new upstream investment.

Bringing together exploration and production companies, independent operators, oilfield service providers, engineering firms, technology companies and financial institutions, the Houston Industry Showcase will examine opportunities across exploration, production optimization, infrastructure rehabilitation and field development.

As Venezuela works to increase oil and gas production, demand is expected to grow for the technical expertise of U.S. service providers in drilling, well intervention, completion services, production optimization, artificial lift, digital oilfield technologies and infrastructure rehabilitation. Houston-based industry leaders – including SLB, Halliburton, Baker Hughes, Weatherford and a broad network of EPC contractors, equipment manufacturers and specialized service companies – are well positioned to support the modernization of mature fields, improve operational efficiency and deliver the technologies and services needed for future upstream projects.

The Houston event follows a successful Industry Showcase in London, which brought together international investors, operators and energy service companies to explore Venezuela’s evolving investment landscape. Building on that momentum, the Houston edition will deepen engagement with the U.S. energy industry and strengthen commercial dialogue ahead of Venezuela Energy Week 2027.

Venezuela Energy Week – the country’s largest energy investment platform to date – has been confirmed for 22–25 February 2027 in Caracas. Organized by Energy Capital & Power, the event will bring together government leaders, investors and industry stakeholders from across the global energy value chain.

To register for the Houston Industry Showcase on August 19, visit https://apo-opa.co/4g0TncR. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2027 in Caracas, contact info@venezuelaenergyweek.com.

Supporting Venezuela’s Earthquake Recovery
Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.

To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4hkvteE).

Distributed by APO Group on behalf of Energy Capital & Power.

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Islamic Development Bank Institute (IsDBI) Secures New Patent for Smart Stabilization System from Intellectual Property Office of Singapore

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IsDBI

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility

JEDDAH, Saudi Arabia, August 10, 2026/APO Group/ –The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to announce that the Intellectual Property Office of Singapore (IPOS) has granted a new patent for its innovative Smart Stabilization System.

 

The patent was granted on 10 July 2026 under Singapore Patent No. 10202250873B for the invention titled “A Computer Network Stabilization System and Method.” The patent application was filed on 1 September 2022 and was formally granted following a comprehensive review process.

This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility. Leveraging sophisticated algorithms and advanced simulation models, the system is designed to anticipate supply and demand imbalances and implement programmable stabilization measures before they escalate into market disruptions.

Unlike traditional stabilization mechanisms that rely on capital reserves, buffer funds, or external interventions, the Smart Stabilization System introduces a next-generation framework for achieving autonomous market stabilization through proactive and programmed stabilization mechanisms. By incorporating distributed ledger technology and cryptographic trust mechanisms, the platform enhances transparency, trust, and operational resilience for digital asset and commodity markets.

The successful patent grant reflects IsDBI’s growing contribution to technological innovation and its commitment to developing knowledge-based solutions that address contemporary economic and development challenges.

Since filing the patent application back in 2022, the Institute has continued to advance the Smart Stabilization System through ongoing development and testing, aimed to expand its practical applications and support future capitalization opportunities. These advancements have positioned the system as a potentially transformative solution for enhancing stability and resilience in increasingly digital and interconnected economies.

Commenting on this occasion, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said, “The grant of this patent by the Intellectual Property Office of Singapore further strengthens the Institute’s position as a leader in developing innovative knowledge-based solutions that leverage modern technologies to address complex development challenges. This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development.”

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

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Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

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The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

Distributed by APO Group on behalf of Energy Capital & Power.

 

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