Issue 11

Oil & Gas

• ‘It’s A Beautiful Asset’: Chevron Talks-Up East Med Expansion Plans
• Tamar Reserves Revised Up To 13.2tcf
• Tamar Shareholders Settle In Gas Price Court Case
• Egypt Gas Output Slump Means Lower LNG Exports Despite Record Israeli Flows
• Eni & BP Plan 2023 Gas Wildcat On Oman’s Block 77
• Tethys Begins Extended Test At Oman Block 56

Corporate

• Saudi Aramco: Record Profits, Record Investments

OPEC

• China Refinery Runs Surge On Record Russian Imports
• Financial Market Volatility Sparks Oil Price Selloff Despite Strong China Demand

Geopolitical Risk

• Saudi-Iran Deal Offers Oil Markets Stability

Refining & Petrochemicals

• Aramco CEO: Jazan Refinery Throughputs Hit 400,000 B/D Capacity?
• Egypt’s Midor Refinery Expansion: Q3 Completion
• Israel’s Bazan Output Soars

Power & Water

• Israel’s Enlight Eyes 700MW Domestic Capacity Via Golan Wind & PV/Storage Projects

Economics & Finance

• Saudi Arabia Nets $27.7bn Surplus For 2022

News In Brief

• Saudi Aramco Eyes Overseas LNG
• IEA Flags Surge In Jet Demand
• Korea: Record Oman LNG
• Eni Q3 Morocco Wildcat
• China The 2023 LNG Market Wildcard As Gas Output Surges

Selected Data

• Saudi Arabia January 2023 Key Oil Data: Refinery Intake Cut To Nine-Month Low
• Crude Official Selling Prices ($/B)
• Saudi LPG Official Contract Prices ($/T)
• Benchmark Crude Prices ($/B)
• Asian Spot LNG Prices Fall Back Towards Earth