Issue 21

Oil & Gas

• Shell Egypt Slump Opens The Door For Chevron
• Israel Restarts Tamar But Egypt LNG Exports Hit
• Adnoc-CNPC JV Awards EPC Contract For Offshore Block Development

Corporate

• Iran’s Petropars Makes Key South Azadegan Expansion Awards
• Energean: Israel’s Karish Delayed, Egypt Output Slump

OPEC

• LNG Imports Remain At Record Levels As Prices Firm

Geopolitical Risk

• Russia’s Gazprom Seeks North Africa Expansion

Refining & Petrochemicals

• Abu Dhabi Advances Low-Carbon Ammonia Plans

Power & Water

• Morocco Reboots LNG Import Plans
• Libya Advances Power Projects

Economics & Finance

• Saudi Trade Surplus Jumps Amid Higher Oil Prices
• Iran Crypto Crackdown Amid Power Blackouts
• Adnoc Hikes Murban Availability

News In Brief

• Kuwait Power Consumption Soars
• Libya 2021 Budget Still In Limbo
• Panoro’s Tunisia Exploration Delay
• Iran Petchems Fires: Israel Suspected

Selected Data

• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• Gulf Drilling Activity Remains Depressed