Issue 44

Oil & Gas

• TotalEnergies Eyes QatarEnergy Partnership In Iraq
• China’s UEG Plans Solar Shift In Iraq Operations
• Inpex Eyes Sale Of Stake In Iraq’s Eridu Discovery
• Algeria Prepares Oil & Gas Bid Round
• Eni Extends East Med Dominance

Corporate

• QatarEnergy In Talks To Join Total & Eni In Lebanon
• Lebanon, Cyprus Border Talks
• QatarEnergy Concludes NFS Partner Selection With Conoco
• Aramco Invests To Impress Amid Bumper Earnings
• Majors See Another Quarter Of Near-Record Profits
• Services Firms Eye Gulf Revenue Bonanza

OPEC

• Opec Bullish On Long Term Oil Market Outlook
• ‘Invest, Invest, Invest’ In Oil: Mees Interview With Opec Secretary General Haitham Al-Ghais

Geopolitical Risk

• Libya Eyes $4bn A Year Upstream Investment In Bid To Hit 2mn b/d

Refining & Petrochemicals

• Europe’s Russia Embargo To Dwarf Impact Of Opec+ Cuts

Power & Water

• Acwa Signs Mega 10GW Egypt Wind MoU

Economics & Finance

• Saudi Arabia Set For Huge 2022 Surplus Despite Q3 Squeeze
• Algeria Set To Squander Energy Windfall

News In Brief

• Iraq: Lukoil Struggles To Lighten Output
• Iraq Crude Smuggling
• Morocco: First Wildcat In 5 Years
• US SPR At 38-Year Low Strategic Crude Stocks Fell Below 400mn Barrels At End-October For The First Time Since April 1984
• Algeria: Output Slump At BP/Equinor Gas Projects

Selected Data

• Crude OSPs ($/B): Saudi Cuts Heavier Grade Prices To Key Asian Market For December
• Saudi LPG Official Contract Prices ($/T)
• Benchmark Crude Prices ($/B)