Issue 51/52

Oil & Gas

• Oman Gas Sector Set For Leap Forward In 2024
• Libya’s Oil Ministry Slams Terms Of NOC’s Planned Eni/Total/Adnoc Upstream Deal
• Kurdistan Output Rally Continues As Local Sales Drive Gains
• Abu Dhabi Offshore Gas Plans Advance

Corporate

• MEES Interview: Shell Oman Country Chairman Walid Hadi

OPEC

• Angola Quits Opec Over Quota Reform Process

Geopolitical Risk

• Kuwait’s New Emir Criticizes Political Divisions
• Shipping Firms Avoid Red Sea As Yemen’s Houthis Ramp Up Attacks
• Sudan Ceasefire Hopes Dim As Rebels Capture Key City
• Egypt-Ethiopia Dam Deadlock Leaves Cairo Out Of Options

Refining & Petrochemicals

• Iraq Celebrates End-Year Refining Capacity Boost

Power & Water

• Saudi Oil Burn Hits New October High
• IAEA Praises Saudi Nuclear

Economics & Finance

• Adnoc Consolidates Control Over Fertiglobe Blue Ammonia Vector

News In Brief

• China Imports: Russia Top Again
• Saudi Arabia: Petrorabigh Ccs
• Uae Nuclear: Barakah-4 Advances
• Iraq Elections: Low Turnout
• Ptt Scales Back Algeria Oil Plans
• Adnoc Signs First Provisional Sales Deal For Ruwais LNG
• Mubadala Indonesia Gas Find
• Harbour Expands With Wintershall Takeover
• Acwa: Egypt H2 Boost
• China's LNG Imports Surge

Selected Data

• Benchmark Crude Prices ($/B)
• US Shale Oil Output* Continues To Climb Despite Record Low Well Inventory And Dwindling Rig Count