Issue 03

Oil & Gas

• Oman’s Petrogas Awarded Lekhwair Small Fields Contract
• Iran’s Raisi Claims Higher Oil Exports

Corporate

• Energean Eyes Egypt Amid Israel Gas Sale Uncertainty

OPEC

• Oil Markets Set For Volatile 2022 Amid Capacity Crunch
• US Posts 2021 Gas & NGL Records But Crude Growth Lags
• Exxon/Sabic Start Texas Cracker

Geopolitical Risk

• Eastmed-To-Europe Gas Pipeline Loses Key Us Support
• Israel To Supply Lebanon With Gas In ‘US Brokered Deal’

Refining & Petrochemicals

• Honeywell To Upgrade Kurdistan Refinery
• Iran’s First Super Heavy Refinery Opens At Qeshm
• Masdar, Engie To Develop Abu Dhabi Green Hydrogen
• BP & Oman In Green Hydrogen Deal

Power & Water

• Dubai’s Renewables Capacity Pushes Past 1.5GW

Economics & Finance

• China 2021 Crude Imports: Saudi Top As Iran Volumes Rise
• China LNG Imports Soar To New Record As Us Tops Qatar

News In Brief

• Houthi Drones Hit UAE
• Kirkuk-Ceyhan Pipeline Restart
• Iran-Turkey Gas Flows Halt
• KRG: Sarta Drilling
• Kuwait To Start Al Zour Refinery
• Saudi Refining Runs At 3-Yr High
• Iran Plans New Products Pipeline
• Iraq Exits EU Money Laundering List
• Egypt Approves Pharos Terms

Selected Data

• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• LNG Prices: China, Korea Monthly Records As Spot Prices Begin To Ease