Issue 46

Oil & Gas

• Saudi Aramco’s Unconventional Revolution Surges Forward With South Ghawar Start Up
• Oxy’s Oman Strategy Struggles To Hit Its Stride

Corporate

• Majors Cement Their Dominance Of Key Us Permian Shale Basin

OPEC

• Demand Speculation Dominates Build Up To Opec+ Meeting

Geopolitical Risk

• Israel Gas Rebound With Tamar & Pipeline Restart
• Israel Gas Use Rises Despite Renewables Start-Up
• Western Sahara Flare-Up Raises Morocco-Algerian Tension
• Algeria-Italy Gas Slump
• Iraq-Turkey Pipeline Hopes Fade
• Iraqi Court Ousts Halbousi

Refining & Petrochemicals

• Kuwait’s Al-Zour Refinery Suffers New 10-Day Outage
• Adnoc Finalizes Ruwais Crude Flexibility Project

Power & Water

• Saudi Seeks Prequalification For 3.7GW Of New Solar Projects

Economics & Finance

• ExxonMobil Finalizes West Qurna-1 Exit As PetroChina Assumes Operatorship

News In Brief

• UAE Inaugurates Region’s Largest Solar Plant
• US Fleet Arrives In Gulf
• Iraq Ratifies Turkmen Gas Deal
• Iraq: New Khor Al-Zubair Oil Berth
• Israel Power Plant Sale Agreed
• Mauritania: Shell Well Flops
• China: New Oil Demand Record

Selected Data

• Crude Official Selling Prices ($/B)
• Saudi Arabia Key Oil Data: September Sees Counter-Seasonal Oil Burn Rise
• Benchmark Crude Prices ($/B)
• Asian LNG Prices: Spot Values Spike Then Ease As Demand Remains Subdued