Issue 11

Oil & Gas

• Oman State Upstream Firm Targets 2025 Growth Via Acquisitions & Upgrades
• Libya’s Mega 2025 Bid Round 2025: 22 Blocks, 235,000 km2, 1.6bn boe
• Egypt Eyes Takers For Undeveloped Offshore Gas Finds
• BP Set For Imminent Israel Entry

Corporate

• US Output & Exports: More Records For 2024, More To Come For 2025

OPEC

• Oil Markets: The Fog Of Trade War

Geopolitical Risk

• Iran Signs Local Firms For $17bn, 90tcf South Pars Gas Recovery Boost

Power & Water

• Iraq Scrambles For Energy Import Alternatives After US Scraps Iranian Electricity Waiver

Refining & Petrochemicals

• Oman’s OQBI Maxes Gas-Fed Plants For Record 1.9mn Ton 2024 Output

Economics & Finance

• Egypt Secures $2.5bn IMF Cash
• Baghdad/KRG: No Progress

News In Brief

• Kuwaiti Power Minister Resigns
• Total Starts Work On 1GW Iraq Solar
• Libya Restarts Mabruk Oil Field
• UAE $18.5bn Sour Gas ‘Ahead Of Schedule’
• Scatec: 1.1GW Egypt Solar/Storage PPA
• IMF To Lebanon: No Cash Yet

Selected Data

• Crude OSPs ($/B): Iraq Cuts Vs Saudi
• India Imports Record LNG As US Volumes Surge