Issue 48

Oil & Gas

• Aramco’s Moonshot: Jafurah Development To Power Major Gas Drive
• Kuwait Scales Back Heavy Oil Ambitions
• Chevron Eying Egypt Collaborations, Exxon Expands In Cyprus
• BP’s Egypt Raven Outages Dampen Late Year LNG Export Hopes
• Iran Unveils 10 Year Upstream Investment Plan
• Algeria’s Medgaz Exports Hit Record, Overall Volumes To Spain Slump
• Eni Sells Snam Half Its Stakes In Algeria-Italy Pipelines

Corporate

• Adnoc Hikes Investment, Eyes LNG Capacity Expansion

OPEC

• Opec+ Keeps Its Eyes On The Road As It Sticks To Taper Plan

Geopolitical Risk

• Libya’s Road To 2mn b/d: Stability Is Key
• Who Leads Libya’s Oil Industry?
• Shell Return To Libya?

Refining & Petrochemicals

• Iraq’s 2030 ‘Sustainable Transition’ Plan: Gas & Renewables To The Fore
• Snam 25% EMG Buy-In

Power & Water

• Abu Dhabi Eyes Global Clean Energy Leadership Through Restructure

Economics & Finance

• Exxon & Chevron Capex Plans: Up But Still Restrained

News In Brief

• Kuwait’s Al Zour Refinery: $1.65bn Damages Claim
• Hashem Steps Down As Kpc Ceo
• Iraq: Zubair Drilling Contract
• Egypt’s West Bakr Wind Start Up
• Apache Hails New Egypt Deal
• Iraq: $7.6bn November Oil Revenue
• Lebanon Extends Bidding, Again
• Korea’s S-Oil Eyes Saudi Hydrogen

Selected Data

• Benchmark Crude Prices ($/B)
• World’s Top LNG Exporter: USA Tops Qatar For First Time In November, Australia Well Ahead For 11m 2021