Issue 24

Oil & Gas

• Egypt: Eni Eyes Rapid Output From Nile Delta Drilling As LNG Exports Slump
• Iraq’s WQ-2 Reaches Second Phase Capacity

Corporate

• Morocco Gas Boost From Deep-Pocketed Investor
• Pertamina Algeria Deal

OPEC

• IEA Optimistic On Upstream Investment Rebound
• Opec, IEA Reject Market Pessimism & Ramp Up Demand Outlook
• Russia’s 2024 Production Target Revised Up

Geopolitical Risk

• Iraq’s ‘Final’ 2023 Budget: Mixed Fate For KRG Oil Sector
• Saudi-China Conference Highlights Growing Ties

Refining & Petrochemicals

• IEA Backs Oman To Be Biggest MENA Hydrogen Exporter By 2030

Power & Water

• Oman Unveils Additional 1.35GW Of Renewables
• Israel Outlines Transmission Upgrade As Golan Wind Farm Starts-Up
• Dubai Solar: Masdar The Frontrunner For MBR Phase Six

Economics & Finance

• Libya’s Economy: The Long Road To Reform
• Shell Plans More, But More Efficient, Hydrocarbons
• Iraq’s Southern Power Grid Goes Offline

News In Brief

• Iraq Sends Iran $2.76bn In Energy Dues
• Egypt 500mw Wind Farm Secures Turbines
• Egypt-Jordan Gas Deals
• SDX Looks To Sell Egypt Assets
• Algeria Finalizes Petchems EPC

Selected Data

• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• US Shale Oil Output Growth Slows As Rig Count Trends Lower