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Saudi Oil Export Revenues Hit Three-Month High In June
...orage hub at Egypt’s Sidi Kerir for onwards export) averaged 325,000 b/d last quarter according to Kpler, the highest such figure in records back to 2017. This helped drive an increase in total export revenues from European sales in Q2 to $9.9bn, the highest quarterly figure since the same period la...
Volume: 68Issue: 35Published at Fri, 29 Aug 2025 -
Israel’s Bazan Refinery Repair Work Extends Into Q4
...8,500 b/d, which was the lowest since 2017, according to Kpler (see chart 3). Supplementing the crude supplied to the two refineries, Israel also imports around 10,000 b/d of vacuum gasoil (VGO), which is used in the refining process and mainly sourced from Russia. Israel stopped importing crude from Ru...
Volume: 68Issue: 34Published at Fri, 22 Aug 2025 -
Saudi Refined Products Exports Soar Amid High Margins
...rir) averaged 325,000 b/d last quarter according to Kpler, the highest such figure in records back to 2017. 1: SAUDI OIL BURN LEVELS ('000 B/D) IN 2025: VOLATILE, BUT AVERAGING BELOW RECENT YEARS *CRUDE PLUS FUEL OIL CONSUMPTION. PRESUMES ALL FUEL OIL BURNED IN POWER PLANTS (SOME IS USED AS...
Volume: 68Issue: 34Published at Fri, 22 Aug 2025 -
Kurdistan’s Miran Partners Target 2027 First Gas
...up to 8tcf and was previously operated by London-listed Genel Energy. The KRG, disappointed by the lack of progress years after signing a gas sales agreement (GSA) with Genel in 2017, revoked the company’s PSC for Miran and the nearby Bina Bawi block in 2021 (MEES, 20 August 2021). Under the te...
Volume: 68Issue: 33Published at Fri, 15 Aug 2025 -
Acwa Power Secures 800MW Solar PV Projects In Morocco
...and CSP technologies in a ‘game-changing’ hybrid model (MEES, 23 June 2017). The 800MW project was awarded back in May 2019 to Abu Dhabi state renewables giant Masdar in partnership with France’s EDF Renewables and local firm Green of Africa (MEES, 31 May 2019). But over five years later, li...
Volume: 68Issue: 32Published at Fri, 08 Aug 2025 -
Leviathan Supplying Jordan’s DEAD Sea Industry
...oor. Leviathan already supplies Jordan’s state utility Nepco. Chevron’s other Israeli field, the 13.7tcf Tamar has been supplying the Arab Potash and Jordan Bromine plants on the Dead Sea since 2017, likely the customers for the new Leviathan volumes, with volumes which averaged around 20mn cfd last year. ...
Volume: 68Issue: 32Published at Fri, 08 Aug 2025 -
Abu Dhabi’s Ewec Eyes New Era Of Low-Cost, Low-Carbon Power
...3Q 2026. Ewec is also tendering for the 273,000 m³/d Saadiyat Island RO plant, which it hopes to bring online in 2027. 1: ABU DHABI’S EWEC GAS FEEDSTOCK REQUIREMENTS FALL 30% FROM THEIR 2017 PEAK DESPITE OVERALL GENERATION SOARING (TWh) 2: ABU DHABI ‘CLEAN’ POWER GENERATION (TWh): OUTPUT HA...
Volume: 68Issue: 31Published at Fri, 01 Aug 2025 -
Egypt Launches Upstream Charm Offensive Alongside 12-Block Bidding
...hr’ across both this and its other nearby acreage (MEES, 24 March 2017), including 2022’s Fagr-1 dry hole on the on-offer Block 6 (South Zohr). Zohr was discovered in a carbonate build-up in the Cretaceous formation. And it is in the Cretaceous that Egas flags up 10.7tcf of risked resource on the bl...
Volume: 67Issue: 35Published at Fri, 30 Aug 2024 -
Egypt Refinery Upgrades Edge Forward
...west figures since 2017, whilst the latest figures for June are only slightly higher (see chart). For 2023, national throughputs of 530,000 b/d were just 70% of the country’s then primary distillation capacity of 760,000 b/d. The most recent by-company runs figures, for the 2022-23 financial ye...
Volume: 67Issue: 35Published at Fri, 30 Aug 2024 -
Egypt Gas Slump Continues With IOCs & Cairo In Payments Standoff
...2). Gas output fell to 5.01bn cfd for Q2, with this and the latest monthly figure of 4.923bn cfd for June the lowest respective figures since early 2017’s start-up of BP’s key West Nile Delta project which was followed by that of Eni’s giant Zohr field at the end of the year (see chart 1). The co...
Volume: 67Issue: 34Published at Fri, 23 Aug 2024 -
Oman: Sohar Refinery Back Online
...at predate the plant’s expansion in 2017 (MEES, 17 February). Due to the outage, OQ was forced to sell 1mn barrels of crude on a prompt tender to load at the end of the month, according to Reuters (MEES, 9 August). A trading source says that the impact was limited and only affected gasoline ex...
Volume: 67Issue: 34Published at Fri, 23 Aug 2024 -
Oman: Sohar CDU Down
...vernment data. Capacity at the refinery expanded in 2017 from 116,000 b/d to 197,000 b/d with mechanical completion of a second crude distillation unit, a new vacuum distillation unit, and kerosene Merox units (MEES, 17 February 2017). It is unclear how long the outage will last, but lengthy do...
Volume: 67Issue: 32Published at Fri, 09 Aug 2024 -
Oman Eyes Fourth LNG Train Taking Capacity To 15.2mn t/y By 2029
...untry has experienced a gas ‘renaissance’ since 2017 when BP brought online the massive Khazzan gas development. With the second phase Ghazeer expansion successfully added, the field now produces 1.5bn cfd, some 37% of the country’s current non-associated gas output. Added to this is new output from th...
Volume: 67Issue: 31Published at Fri, 02 Aug 2024 -
Neom’s Sustainable Power & Water Plans: Enowa CEO Speaks With MEES
...wn with MEES to discuss the project. The region of Neom is one of the most prominent symbols of Saudi Arabia’s Vision 2030. First announced by Crown Prince Muhammad bin Salman in 2017 as “the land of the future, where great minds and talents can create ground-breaking ideas and think outside the bo...
Volume: 67Issue: 31Published at Fri, 02 Aug 2024 -
Saudi Aramco Gas Output Leaps In Q2
...elds) and the more modest 75mn cfd Midyan plant in 2017. In order to be better able to meet domestic demand during peak periods, Aramco has also commissioned the Hawiyah Unayzah Gas Reservoir Storage facility. Aramco injects gas into the facility during low-demand periods, and once fully operational it...
Volume: 66Issue: 32Published at Fri, 11 Aug 2023 -
Oxy Hits Payday In Oman
...US independent Occidental (Oxy) is optimistic about the prospects at its Block 65 asset in northern Oman. Oxy was awarded Block 65 in Oman’s 2017 licensing round (MEES, 21 December 2018), with the asset lying in a crescent of acreage being developed by the firm running across the north of the su...
Volume: 66Issue: 32Published at Fri, 11 Aug 2023 -
Egypt Braces For Prolonged Power Cuts
...ypt’s Electricity Ministry. Fuel oil imports though increased before that, rising to 237,000 tons (1.57mn barrels) for the week beginning 17 July, the highest in Kpler data going back to 2017. This coincided with the beginning of the power cuts. Last year Egypt ramped-up fuel oil burn, as it ma...
Volume: 66Issue: 31Published at Fri, 04 Aug 2023 -
Tunisia’s Oil & Gas Output Falls Amid IOC Disinterest
...thout considering the firm’s limited technical capabilities. For Shell, the exit has been a long-time coming. It has only reluctantly operated in Tunisia since being landed with Miskar and Hadsrubal through its 2016 takeover of BG Group. It tried and failed to sell the assets for $500mn in 2017 (ME...
Volume: 65Issue: 34Published at Fri, 26 Aug 2022 -
Anbar Power Plants To Build Case For Akkas Gas?
...lamic State terrorist group and was only re-captured in 2017 by government forces. But the price was the extensive destruction of the facility. The Ministry awarded another $82mn for reconstruction work which has been led by a local Iraqi contractor since at least 2020. The plant’s first 125MW unit wa...
Volume: 65Issue: 34Published at Fri, 26 Aug 2022 -
Aramco’s Overseas Downstream Expansion: Much More To Come
...vestments “We’re looking at highly integrated complexes that have more than 50% liquid to chemical [conversion rate].” One such investment that was struck back in 2017 but has suffered repeated delays is the Pengerang Refining and Petrochemical (PRefChem) JV with Petronas, which operates a 300,000 b/d co...
Volume: 65Issue: 33Published at Fri, 19 Aug 2022