Issue 21

Oil & Gas

• Shell Doubles Down On East Med As Europe’s Gas Needs Beckon
• Israel Gas Exports At Record High But Pipeline Delays Could Prove Costly
• Jordan Starts Upstream Appraisal Work
• Libya Oil: Lack Of Cash Adds To Industry Woes

Corporate

• Borouge Partners To Raise $2bn In IPO

OPEC

• Russia Ships Record Volumes To India, China, & Italy
• China: Record Saudi Imports For April

Geopolitical Risk

• EU Sees Middle East As Key Partner For Sustainable Energy Security
• Qatar & Germany Sign Energy Partnership Roadmap
• Iraq’s Summer Power Provision Hangs On Emergency Financing Law

Refining & Petrochemicals

• Algeria Pushes Forward With Long-Delayed Petchems Plans

Power & Water

• Egypt Renewables Plans Pick Up Pace
• UAE Firms Adnoc & Masdar Sign Up For BP UK Hydrogen Plans

Economics & Finance

• Saudi Reaps Rewards Of Oil Price Boom
• Oman’s Finances Surge To Largest Surplus In Eight Years

News In Brief

• Algeria And Italy Eye Interconnection
• Israel’s Karish: Tight Timeline
• Egypt/Morocco Producer Sdx Agrees To Takeover

Selected Data

• Italy Turns Its Back On Mideast Crude For Q1
• Benchmark Crude Prices ($/B)
• China Imports Record Pipeline Gas As Russia Favored Over Pricey LNG