Issue 29

Oil & Gas

• Kuwait Announces Major Offshore Oil & Gas Discovery
• KPC Seeks IOC Investment As It Chases Down 4mn B/D Target

Corporate

• Iraq’s Midlands Oil Hopes For Gas Boost To Staid Asset Portfolio

OPEC

• Korea Crude Imports: New UAE Record

Geopolitical Risk

• In Focus: As Israel Prepares Energy Sector For War With Hezbollah, Jordan & Egypt Look Exposed
• Israel’s Coal To Gas Switch: Still On, For Now

Refining & Petrochemicals

• Egypt’s Green Hydrogen Project Secures German Sales Deal, Will Finance And FID Follow?

Power & Water

• Cairo Eyes More Gas Import Outlets Amid Record Power Demand
• Algeria & Kuwait Set New Peak Load Records
• Kuwait: Massive Renewables & Hydrogen Ambitions
• Qatar Set To Double Solar Capacity To 1.7GW

Economics & Finance

• Egypt’s Balance Of Payments Hit By Suez Revenue Collapse

News In Brief

• Houthis Strike Tel Aviv
• Libya: New Output Record
• Aramco Bond Raises $6bn
• Saipem Saudi Offshore Awards
• Oman Suffers Isis Attack
• Shell Oman: Blue H2 Pre-Feed
• China: Weak Demand, Bumper Output
• Taiwan Crude Imports (‘000 b/d): US Challenges Saudi For Top Spot

Selected Data

• Benchmark Crude Prices ($/B)
• Saudi Crude Burn: Significant Progress At Last