Issue 35

Oil & Gas

• Egypt Launches Upstream Charm Offensive Alongside 12-Block Bidding
• Egypt, Cyprus Ministers Talk Gas In First Meet
• Egypt Squeezed As Israel Gas Exports Fall For Q2

Corporate

• Cyprus’ Aphrodite: Chevron Submits New Plan As Nicosia Serves ‘Breach Of Contract’
• Qatar Plans To Export Barzan Gas Volumes

OPEC

• Supply Dynamics Back In Focus Amid Prospect Of Iraq Cuts, Libya Outages

Geopolitical Risk

• Libya Instability Back With A Vengeance With Half Output Shut In
• Iraq’s Shia Militias Look To Expand Security Role In Disputed Oil Patch With Kurdistan
• Third Ship Abandoned In The Red Sea As Houthis Deepen Regional Conflict

Refining & Petrochemicals

• Egypt Refinery Upgrades Edge Forward
• Saudi Petchems Firm Sipchem Inks Capacity Expansion Deals

Power & Water

• Kuwait Secures Qatari LNG Amid New Power Demand Record
• Fertiglobe Firms Up Egypt-Germany Green H2 Deal
• Morocco $7bn, 1mn t/y Green Ammonia: Feed Imminent For 2027 Start Up

Economics & Finance

• Saudi Oil Export Revenues Rise Despite Drop In Volumes

News In Brief

• Saudi Arabia’s SEC: $4bn Credit Facility
• Crescent Petroleum To Award Iraq Seismic Contract
• New Kuwait Trading Firm Targets Fujairah
• Oman: Salalah Fuel Storage
• Adnoc-Covestro Due Diligence Nears Completion
• Abu Dhabi Energy Engineering IPO
• Adnoc Plans AI Efficiency Boost

Selected Data

• Key Gulf To Asia OSPs ($/B)
• Benchmark Crude Prices ($/B)
• India Crude Imports Slump For July: Saudi & Gulf At Record Low