Issue 45

Oil & Gas

• Oman Sweetens Terms In A Bid To Entice IOCs To ‘Complex Assets’
• Baghdad Proposal To Resolve Kurdistan Oil Impasse: More Questions Than Answers

Corporate

• Aramco Boosts Q3 Investments Despite Revenue Downturn

OPEC

• Opec Extends Cuts As Trump Return Complicates Outlook

Geopolitical Risk

• Israel Posts Record Gas Output Amid Rising Tensions

Refining & Petrochemicals

• Bahrain’s Sitra To Round Off 1.36mn b/d GCC Refining Surge With 1H 2025 Start-Up
• Bahrain’s Sitra Expansion – Trial Runs By End-2024: MEES Interviews Bapco Energies Group CEO Mark Thomas

Power & Water

• Egypt Renewables: EBRD Steps Up Funding

Economics & Finance

• Egypt Finances & Reforms Under Spotlight Amid IMF Talks

News In Brief

• Saudi $8.1bn Q3 Budget Deficit
• China Crude Imports: Down Again
• Chevron Spuds Egypt West Med Well
• Ethiopia Completes Nile Dam
• Adnoc Lifts Basrah Crude For Ruwais Refinery
• Mauritania First LNG In 2025
• Morocco: ‘Green H2’ Port Tender
• Adnoc Drilling To Enter Kuwait & Oman In 2025
• Oman: OQ Tees Up Second 2024 IPO
• Oman Awards KBR LNG Contract
• Qataris Vote To Abolish Elected Reps
• Brazil Oil Output: Q3 Down But More Growth To Come
• Japan Crude Imports: UAE Strengthens Lead Over Saudi As Overall Volumes Fall Again

Selected Data

• Crude OSPs ($/B): Saudi Cuts To Asia
• Benchmark Crude Prices ($/B)
• Egypt’s Suez Canal Continues To Reel From Houthi Attacks On Red Sea Shipping