Issue 31

Oil & Gas

• Eni Eyes Zohr Ullage For Cyprus Cronos Development
• Egypt Braces For Prolonged Power Cuts
• Arabian Drilling Snags Aramco Unconventional Contract
• Libya Exploration Looking Up As Eni & BP Lift Force Majeure

Corporate

• Chevron, Genel Quit Kurdistan’s Sarta Field

OPEC

• Opec Output: Saudi Floats Potential Deeper Voluntary Cuts
• China & India Crude Imports: Russia Volumes Ease But Mideast Squeeze Continues
• Japan Crude Imports: Record Mideast Share For Q2

Geopolitical Risk

• Oman’s Sohar Plays Emerging Role In Shifting Russian Trade Flows

Refining & Petrochemicals

• Iraq’s Karbala Refinery Yet To Hit Full Capacity
• Fujairah Refinery Outage Hits VLSFO Market

Power & Water

• Morocco Steps Up Pumped Storage & Transmission To Balance Growing Renewables

Economics & Finance

• Softening Oil Sector Puts Brakes On Saudi Growth
• Qatar Q2 Surplus

News In Brief

• Adnoc Enters Azerbaijan
• Abu Dhabi Sour Gas: Record Output
• Tortue Lng Pushed Back To 2024
• Maha Eyes Transport Options For Oman Ultra-Heavy Crude
• Japan Lng Imports Subdued
• Kuwait Offshore Well
• Tunisia Producer: Legal Claims

Op-Ed & Documents

• Sulfur: Its Future In The Middle East In A World Of Transition

Selected Data

• Crude Osps: Adnoc Hikes Upper Zakum To Parity With Lighter Murban For September
• Japan 1h23 Lng Imports: Australia Dominant As Overall Volumes Slump Below China
• India 1h 2023 Crude Imports (‘000 B/D): Russia Volumes Leap Fivefold To Series Of Records As Mideast Squeezed
• Japan Crude & Condensate Imports (‘000 B/D): Record Mideast & Opec Market Share For Q2
• Benchmark Crude Prices ($/B)
• Brazil: New Record Crude Output