Issue 28

Oil & Gas

• Egypt Gas Woes Continue As Output Slumps At BP’s Raven
• Eni Finalizes New Egypt Blocks: Have Relations With Cairo Been Reset?
• Rig Count: Adnoc Drilling Hits 5-Year High As Saudi Activity Dips

Corporate

• Egypt’s Upstream Activity Down Again
• Apex Bullish On Egypt

OPEC

• Weak China Figures See IEA Remain Bearish On Global Demand As Opec Sticks To Its Guns
• Iraq: Record Gas Capture As Flaring Falls To 35%, But Still A Long Way To Go

Geopolitical Risk

• Sudan Peace Prospects Fade Amid Divisions In Cairo Reconciliation Talks

Refining & Petrochemicals

• Iraq Boosts Gasoline Output But Self-Sufficiency Proves Elusive For Now

Economics & Finance

• Iran’s New President Pezeshkian: Economy Top Of The Agenda

News In Brief

• Majors Snag Stakes In Adnoc’s 9.6mn t/y Ruwais LNG
• Libya’s Waha Output Hits 322,000 b/d
• Iran-Iraq-Turkmen Gas Swap
• Iraq’s Faihaa Nears 100,000 b/d
• Algeria Adds Power Capacity
• Israel Renewables: Progress Slows
• Japan Imports Down Again

Selected Data

• Taiwan LNG Imports: Qatar Closes Gap On Top Supplier Australia For 1H 2024
• Crude Official Selling Prices ($/B): Iraq & Kuwait Follow Saudi Cuts To August Prices To Key Asian Market
• Benchmark Crude Prices ($/B)
• Russia’s Key Crude Customers
• Saudi LPG Official Contract Prices ($/T)