Issue 31

Oil & Gas

• KRG: Chevron, Genel Press Ahead At Sarta Despite Water Ingress
• DNO Seals The Deal For Baeshiqa Takeover
• Eni In Egypt: Record LNG Exports, Net Oil Up, But Gas Down
• Algeria: Key Oil Fields At 20-Year Low

Corporate

• Libya Faces Uphill Task To Secure Much-Needed Upstream Cash
• BP Hikes Price Assumptions On Supply Constraints

OPEC

• Opec Production Gains Accelerate In July
• Japan Crude Imports: Q2 Sees Record Murban Buying
• Japan LNG Forecast To Have Shrinking Role In Power Mix

Geopolitical Risk

• Fiery Start For Iran’s Raisi Presidency

Refining & Petrochemicals

• Adnoc Sells First Blue Ammonia Cargo To Japan

Power & Water

• Oman Powergen Up 12% After 2020 Dip
• Egypt Renewables Capacity On The Rise With First Power From West Bakr Wind

Economics & Finance

• Qatar Export Revenues Soar To Highest Level Since 2018
• Iraqi Oil Revenues At Highest Since 2019: Is This Enough To Stabilize The Economy?

News In Brief

• UAE Extradites Former Sonatrach Chief
• Baghdad Sends Second Payment To KRG
• Sabic Earnings Soar On Buoyant Petchems Market
• Saudi Arabia, Kuwait Discuss Neutral Zone Ramp Up

Selected Data

• Crude Official Selling Prices ($/B): Saudi Widens Asian Quality Spread For September
• Benchmark Crude Prices ($/B)
• Brazil: Record Exports But Output Underwhelmes