Issue 17

Oil & Gas

• ExxonMobil Quits Iraqi Kurdistan
• Exxon Set To Exit Iraq Altogether

Corporate

• Egypt Continues Green Hydrogen/Ammonia Drive, Brings in UAE Firms Masdar, Amea
• Scatec Raises $335m From Egypt Green Bond

OPEC

• Asian LNG Importers See Record Import Bill For Q1 Despite Slump In Volumes
• Record China Gas Output, Rising Russian Imports Curb China’s LNG Demand
• Q1 Japan Crude Imports: Saudi Arabia Retains Top Spot For Q1
• US Key Oil & Gas Data: Q1 Sees Record Gas Exports As Oil Output Slips

Geopolitical Risk

• Molecule Wars: Algeria Warns Spain Over Gas Exports To Morocco

Refining & Petrochemicals

• Mideast Distillate Exports Drop Amid Global Shortfall

Power & Water

• Iran Braces For Summer Blackouts
• New Iraq-Iran Gas Deal
• Kuwait Opens 2022 With New Powergen Records

Economics & Finance

• Egypt To Revise 2022-23 Budget As Finances Face External Shocks
• Qatar Exports Top $10bn For First Time Since August 2014
• Adnoc & Reliance Sign Ruwais Deal

News In Brief

• US Approves Golden Pass Expansion
• BHP Quits Algeria’s Rod
• Libya Eyes Tobruk Power Start-Up
• Libya’s El Sharara Field Restarts
• Iraq Eyes Dhi Qar Oil Gains
• Saudi-Iran Meeting In Baghdad
• Oman’s Yumna: Modest Rebound

Selected Data

• Benchmark Crude Prices ($/B)