Issue 40

Oil & Gas

• Algeria’s Upstream Gets Wind In Its Sails
• Total Megadeal Awaits New Iraqi Government
• Inpex Mulls Exit From Iraq’s Eridu

Corporate

• Israel’s NewMed Expands In Egypt With Capricorn Purchase
• Israel’s New Med: Leviathan Expansion ‘First Priority’

OPEC

• US Slams Opec+ Move To Cut Output
• Iraq Set To Smash Export Revenue Records For 2022 Despite September Dip

Geopolitical Risk

• Iran Strikes Kurdistan As Baghdad Offers Olive Branch
• Israel-Lebanon Maritime ‘Deal’ Runs Into Geopolitical Reality

Refining & Petrochemicals

• Houthis Issue Oil Sector Threat As Yemen Truce Expires

Power & Water

• Kuwait Ends Summer With Power Load & Generation Records

Economics & Finance

• Saudi Arabia Ramps Up Planned Spending To Eight Year High

News In Brief

• QIA Invests $2.39bn In RWE’S Renewable Expansion
• Algeria Snags Spain Gas Price Hike
• Libya-Turkey Oil & Gas Mou
• Energean: Modest Israel Gas Find
• India Lng Imports Down Again
• Us Sanctions Indian Petchems Firm
• Iraq Reserves Record
• SAUDI KEEPS ASIA OSPs STEADY

Selected Data

• Benchmark Crude Prices ($/B)
• Asian LNG Prices Hit New Record Highs