Issue 37

Oil & Gas

• Iraq’s Eyes 600,000 b/d Majnoon Expansion Despite Ongoing Delays
• Shamaran Secures Sarsang Stake As Total Exits Kurdistan
• Oman’s PDO Targets 19-Year High Crude Output
• Oman Seals The Deal With IOCs For Block 11 Development

Corporate

• Lebanon-Israel Border Dispute: Will It Stall Start-Up Of Israel’s Karish Gas Field?
• Lebanon Blocks 4 & 9: Qatar Energy To Replace Novatek?
• China’s UEG: Iraq’s Faihaa Outperforms, Eyes Egypt Rebound
• Energean: Karish Boost Crucial To Company’s Fortunes

OPEC

• Opec & IEA Present Sharply Contrasting Demand Outlooks

Geopolitical Risk

• Iran’s SCO Membership: Rhetoric Vs Reality

Refining & Petrochemicals

• Iraq’s Somo Optimistic On Core Asian Markets

Power & Water

• Adnoc Refining Eyes Emissions Clean-Up
• KNPC Updates 2040 Strategy

Economics & Finance

• Qatar’s Revenues From Europe Sales Balloon Amid Ukraine Fallout

News In Brief

• Australia’s Fortescue: 9.2gw Egypt Green H2
• Egypt Nuclear Plant: $2.5bn Korean Contract
• Korea: Record Saudi Imports As Russia Falls To Zero
• Korea Pays Record Price For Egypt LNG Cargo
• Shell Appoints Wael Sawan New CEO

Selected Data

• Crude OSPs ($/B): Iraq Slashes Europe Prices To Record Discounts
• Benchmark Crude Prices ($/B)
• US Drilling Gains Stall