Issue 07

Oil & Gas

• TotalEnergies Charges Ahead To 2022 Mena Oil Output Record
• Chevron Eying Egypt Tie-In For Cyprus’ Aphrodite
• Iran’s South Azadegan Expansion Delayed
• ExxonMobil Sells Iraq Stake To Pertamina

Corporate

• Adnoc Drilling Massively Ramps Up Planned 2023 Activity
• Oman State Drilling Firm IPO To Raise Up To $244mn

OPEC

• IEA Warns Oil Markets Could Swiftly Swing To Deficit
• Qatar’s 2022 Asian LNG Sales: Focus On Key New Term Market China Limits Revenue Gains From Record Spot Prices
• Italy 2022 Crude Imports: Record Russia Volumes As Mideast Squeezed; All Change For 2023?
• Spain Crude Imports: Americas Surge For 2022

Geopolitical Risk

• Baghdad - Erbil Oil Law Deal Stuck In Limbo

Refining & Petrochemicals

• Fertiglobe Posts Strong First Annual Results After Listing
• Uniper UAE Refinery Sale

Power & Water

• Morocco Gets Delayed Renewables Boost But Coal Burn Rises In The Meantime
• Abu Dhabi Power Sector’s Gas Needs Dwindle

Economics & Finance

• KRG Misses Out On 2022 Revenue Windfall As Output Drops And Discounts Widen

News In Brief

• New Cyprus President
• Newmed-Capricorn Deal Axed
• Adnoc Gas IPO: 4% Flotation
• Adnoc Hails First Germany LNG Cargo Arrival
• Pakistan Rows Back On LNG
• Israel Joins Oil Exporters Club

Selected Data

• Crude Official Selling Prices ($/B)
• India 2022 LNG Imports: Qatar Market Share Surges Above 50%
• Benchmark Crude Prices ($/B)
• India 2022 LNG Imports: Qatar Volumes Surge To 8-Year High For 52% Market Share