Issue 31

Oil & Gas

• Egypt’s Key Oil Producers See Output Slump
• Eni Egypt Gas Output Slumps To 2-Year Low
• China’s CNOOC Enters Key Abu Dhabi Concessions
• UAE Emerges As Libya’s Top Condensate Customer
• Libya: Eni Offshore Delays

Corporate

• Delek’s Leviathan Endgame: Chevron Entry, Debt Mountain Make Sale All But Inevitable
• Delek Group: Another Week, Another Sell-Off
• Oil Services Firms: Mideast The Relative Bright Spot Amid North America Carnage
• Neutral Zone’s Wafra: Exports Restart
• Jazan Financing Advances, 2021 Start-Up?
• Algeria: More E&P MoUs

OPEC

• Majors Anticipate Tough LNG Market In Q3
• Total Impairs $8bn On ‘Stranded’ Canadian Oil Sands, Slashes Oil Price Assumption

Geopolitical Risk

• Jordan Eyes 50% Powergen From Domestic Sources By 2030
• Iraq Taps Turkey, KRG For Emergency Power Supplies

Refining & Petrochemicals

• Oman Refining Output Collapses To Three-Year Low In Q2

Power & Water

• Solar Prices Fall To New Record Low With Abu Dhabi Award

Economics & Finance

• Saudi Budget Deficit Balloons In Q2 As Revenues Crash

News In Brief

• KRG: Tawke Output Rebound
• JGC $4bn Basra Downstream Deal
• Iraq: Unaoil Managers Jailed
• Dubai MBR Solar: Shanghai Award
• Oman Invites 1GW Solar Bids
• UAE Closes In On Nuke Start-Up
• Siemens Wins Key Saudi Gas Award
• Golan Heights Wind Go Ahead
• Audit For Libya’s Central Banks

Selected Data

• China LNG Imports: Qatar Imports Fall To Near 4-Year Low
• Benchmark Crude Prices ($/B)
• China Crude Imports: Saudi Extends Lead With June Record