Issue 40

Oil & Gas

• Adnoc Advances $17bn ‘Carbon Neutral’ Gas Project
• Oxy And Adnoc To Study Direct Air Capture In Abu Dhabi
• Iraq Touts New & Improved Terms: Can It Drum Up Interest In 30-Block Bidding?

Corporate

• BP/Adnoc Deal For Israel’s NewMed Under Threat
• Lebanese Bidding: Saved By The Bell With Total/Eni/Qatar Set To Snag Key Blocks

OPEC

• Algeria Gas Exports Set For Near-Record 2023
• Algeria’s Sonatrach: New-Old CEO

Geopolitical Risk

• Ankara Turns Tables On Baghdad With ‘Ready To Restart’ Pipeline Claim

Refining & Petrochemicals

• Qatar Breaks Ground On Historic LNG Expansion Project

Power & Water

• Morocco Looks To Leverage Massive Phosphate Reserves With $3bn+ EV Battery Plans

Economics & Finance

• Saudi Arabia Leans Into Expansionary Spending

News In Brief

• Baghdad Approves Export Capacity Expansion
• Iraq Axes Sinopec From Mansuriya Gas Project
• Iraq’s Halfaya Gas Processing Mechanical Completion
• Libya Fuel Smuggling Soars – Un Report
• Oman: Second Rating Boost
• Gulfnav Bids For Brooge Energy’s Fujairah Storage Terminal
• Libya Gas Exports Slump To 12-Year Low As Domestic Use* Rises
• Egypt LNG Exports Restart: The End Of Blackouts?
• Adnoc Set For Next Round Of Talks With Germany’s Covestro

Selected Data

• Benchmark Crude Prices ($/B)
• USA Pulls Ahead Of Qatar And Australia As Top Lng Exporter