Issue 25

Oil & Gas

• Oman’s New Energy Minister: Bumper Revenues, Longer-Term Challenges
• Iraq To Buy Exxon’s WQ-1 Stake, Aims For Export Capacity Boost
• Kuwait Set For Virgin Offshore Well
• Chevron Closing In On East Med Expansion Decisions
• Energean Extends Israel Drilling Campaign

Corporate

• Qatar Brings Major Players Into LNG Expansion
• Adnoc & Taqa Value Masdar Ventures At $1.9bn
• Morocco Offshore Gas Project Advances With Feed Award
• UAE’S Lamprell: Imminent Bankruptcy, Emergency Sale Touted

OPEC

• China: Could Record Russian Crude Imports See Saudi Squeezed?
• China LNG Buying Subdued But Qatar Volumes Surge & Revenues Triple

Geopolitical Risk

• KRG Hands Baghdad Oil Sector Counter-Proposal

Power & Water

• Egypt Fuel Oil Burn At 4-Year High As Cairo Prioritizes LNG Exports
• Acwa Signs Mega 1.1GW Egypt Wind Farm Deal

Refining & Petrochemicals

• Global Products Crunch: Kuwait’s Al Zour To The Rescue?

Economics & Finance

• Qatar Gas Exports Surge To Five Year High
• Saudi Oil Burn Slows

News In Brief

• Egypt/Syria/Lebanon Gas Deal
• Israel: Another Election
• KRG’s Khor Mor Attacked
• Iraq: Semi-Ref LPG Exports

Selected Data

• Crude Official Selling Prices ($/B)
• Saudi LPG Official Contract Prices ($/T)
• Benchmark Crude Prices ($/B)
• US Shale: Permian Sets Records As Other Basins Begin To Edge Higher