Issue 28

Oil & Gas

• Iraq Readies Key Missan Fields For Output Rebound

Corporate

• Algeria’s Finances: Oil Revenue Windfall To The Rescue

OPEC

• Biden Arrives In Saudi On Quest For Oil: How Much Does The Kingdom Have In Reserve?
• Uncertainty Clouds Market Forecasts Amid Divergent 2023 Oil Demand Outlooks
• Global LNG: Does The Current Boom Risk Seeding Its Own Downfall?
• Taiwan 1H22 LNG Imports: Record Import Bill But Cut-Price Qatar Loses Out

Geopolitical Risk

• Libya’s Oil Sector In Turmoil After NOC Head Ousted

Refining & Petrochemicals

• Egypt’s Foreign Reserves Slump As Subsidy Bill Soars

Power & Water

• Kuwait Electricity Consumption Drops
• Algeria Solar: Target 2023

Economics & Finance

• Bahrain Heads For Economic Rebound Following Upstream Shakeup

News In Brief

• Egypt Producer TransGlobe: Agreed Takeover
• China Crude Imports Slump, Record Russia Share
• Iraq Export Expansion Plans Stall
• Oman Green Ammonia Offtake Deal
• Oman: Tethys Block 56 On Track

Selected Data

• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• Global Offshore Rig Count Continues To Edge Higher, Hitting A 26-Month High 221 For June