Issue 13

Oil & Gas

• Israel Gas: 2024 Records As Infrastructure Caps Gains

Corporate

• Adnoc Shipping Arm Plans $8bn Investments Through 2029

OPEC

• Opec’s Condensate Growth Set To Accelerate

Geopolitical Risk

• Israel’s Finance Ministry Seeks Chevron Tamar Ouster

Refining & Petrochemicals

• Iraq Eyes End-2025 Gasoline Surplus On Continued Refinery Gains
• Saudi’s Advanced Petchems Slumps To Rare Loss
• Saudi Arabia’s Luberef Profits Drop 36% Amid Rising Feedstock Costs

Power & Water

• Tunisia Advances 1GW Solar But Gas Remains King For Now

Economics & Finance

• Saudi Oil Export Revenues Start 2025 At Eight-Month High
• Egypt Hikes Road Fuel Prices

News In Brief

• BP Finalizes Kirkuk Entry
• XRG: Mozambique LNG Entry
• UAE: $1.4trn US Investment Pledge
• Bahrain Oil Output: New Low
• Genel Eyes Further Oman Growth
• Oman: $7bn Products Exports
• Qatar: Solar Generation Steady

Selected Data

• Crude Official Selling Prices ($/B)
• Saudi LPG Official Contract Prices ($/T)
• Benchmark Crude Prices ($/B)
• Canada Crude*: Record 5.13mn b/d Output For 2024 With Almost 80% Heading South Across The US Border