Issue 42

Oil & Gas

• Cyprus’ Cronos Gas Find: Eni & Total At Odds Over Development Plan
• Algeria Launches ‘Bid Round 2024’: Still Plenty Of Unanswered Questions

Corporate

• Fertiglobe To Become Adnoc’s Low Carbon Ammonia Platform
• Algeria: Green H2 MOUs

OPEC

• IEA Points To Lower Forever Oil Markets

Geopolitical Risk

• Iran Oil Exports Remain Firm Despite Latest US Sanctions
• US Adds Houthi Financiers To Sanctions List

Refining & Petrochemicals

• Adnoc Flexes Crude Export Options With Expansion Of ‘Hormuz Bypass’ Pipeline

Power & Water

• Jordan Looks To Upgrade Grid As Renewables Capacity Hits 2.7GW Target

Economics & Finance

• Korea Crude Imports: Saudi Dominant But USA Closes Gap

News In Brief

• Libya: Crude Output Record?
• Saudi Arabia Taps Stocks To Meet Rising Crude Burn
• UAE 140mw Wind Tender
• Oman’s OQEP Valued At $8bn In IPO
• Kurdistan Output Up
• GE Upgrades Iraq’s Besmaya Plant
• Chinese Crude Imports: Still Weak
• Israel Adds Solar/Storage

Selected Data

• Saudi Arabia 8m24 Key Oil Data (‘000 b/d): Oil Burn Remains High For August
• US Oil Output & Exports: New Records, Modest Gains
• US Key Oil & Gas Data: More New Records For Q3 & 9m 2024 But Output Gains Slow (‘000 b/d)
• Crude Official Selling Prices ($/B): Iraq Raises Nov Prices Vs Saudi
• Saudi LPG Official Contract Prices ($/T)
• Benchmark Crude Prices ($/B)
• Egypt: Record Gas Deficit With Output At 7-Year Low