Issue 48

Oil & Gas

• Adnoc Steps Up Investment As 5mn b/d Plan Brought Forward To 2027
• Israel Tamar Partners Eye Cut-Price Expansion
• BP Goes Big On Egypt With Development Plans For Previously Relinquished Acreage
• Chevron Hits Paydirt With 3.5tcf Egypt Gas Find

Corporate

• A Tale Of Two Egypts: Onshore Independents Struggle Even As Med Gas Thrives
• Adnoc Plans IPO Of Key Gas Midstream Operations
• QatarEnergy And ConocoPhillips Sign Deal To Supply Germany With LNG

OPEC

• Russian Oil Embargo Presents Opec+ With Cloudy Outlook

Geopolitical Risk

• Libya’s Gas Export Dreams Face Hard Reality

Refining & Petrochemicals

• Israel’s Paz Eyes ‘Ashdod Oil Refinery’ Spin-Off As Margins Surge

Power & Water

• Morocco Steps Up Gas & Power Imports From Spain
• Algeria Eyes Hydrogen Progress
• UAE’s Amea Snags $1.1bn For 1GW Egypt Renewables
• Saudi Arabia To Start Up 2GW Solar Plant In 2025

Economics & Finance

• Iraq’s Oil Revenues Pass $100bn In 2022

News In Brief

• Saudi Unconventional Gas Finds
• Aramco Finalizes Pkn Orlen Deal
• Italy’s Eni To Buy Neptune Energy?
• Tehran Plans Greater Iraq Energy Presence
• Kuwait Budget Revised Up

Selected Data

• Crude Official Selling Prices ($/B)
• Saudi LPG Official Contract Prices ($/T)
• Spain Crude Imports: Mideast Buying At 3-Year High As Russia Shunned
• Benchmark Crude Prices ($/B)
• India Crude Imports: Russia Volumes Surge To New Record