Issue 38

Oil & Gas

• Export Stoppage Highlights Iraq’s Gulf Infrastructure Vulnerabilities
• Cyprus Aphrodite Partners Take Step Towards FID
• Imminent Start-Up For Israel’s Karish? Or Just A Test?
• Algeria Eyes Big Italy Gas Export Rise In 2022
• Oman Oil: Production Up, Exports Down
• Oman’s PDO Ramps Up Renewables Ambitions

Corporate

• Shell’s Incoming CEO Set To Oversee Streamlined Mena Growth

OPEC

• China Crude Imports: Mideast & Russia Both ‘Winners’ For Now
• India Crude Imports: Record Russia Volumes Squeeze Top Supplier Iraq
• Aramco CEO: Flawed Assumptions Promise A Hard Winter For Europe

Geopolitical Risk

• Iraq’s Supreme Court Annuls State Oil Firm Plans, Leaving A Legal Vacuum

Refining & Petrochemicals

• UAE Trading Hubs: Big Winners From 2022’s Oil Market Turbulence

Power & Water

• Egypt LNG Exports Rebound On Higher Oil Burn, Israeli Gas

Economics & Finance

• Arabian Drilling To List 30% On Tadawul

News In Brief

• IMF Slams Lebanon
• Adnoc, Taqa Reach Financial Close For Subsea HVDC Connection
• Saudi Oil Burn Dips From Record High
• Lebanon Takes Novatek Block 4 & 9 Stakes
• UK Considers Israel Embassy Move to Jerusalem
• Iraq Fuel Oil Contamination

News by Country

• UAE’s Brooge Energy Brings Thyssenkrupp Into Green Ammonia Project

Selected Data

• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• Oil Price Weakness? Or Dollar Strength?