Issue 21

Oil & Gas

• Cairo Targets Long-Term LNG Import Deals As Gas Output Sinks
• Kuwait To Tap New Non-Associated Gas Provinces For 2030 Target
• Oman’s Partner Of Choice: MEES Interviews OQ Exploration and Production CEO Ahmed Al-Azkawi
• Oman’s OQEP Set For Gas-Focused Expansion Drive

Corporate

• KRG Signs US Firms Up To New Gas Development Contracts
• DNO Optimistic On Kurdistan Despite North Sea Pivot

OPEC

• Saudi Prioritizes Refining Over Crude Exports In Q1

Geopolitical Risk

• Libya’s NOC Says ‘Business As Usual’ While Escalating Unrest Exposes Fragility
• Enrichment Stumbling Block In US-Iran Nuclear Talks
• Can Iran’s Nuclear Power Program Offset Surging Consumption?

Refining & Petrochemicals

• Qatar’s LNG Expansion Start-Up Slips to Mid-2026

Power & Water

• Kuwait’s Power Generation Fragility Exposed As Demand Soars
• Oman Revises Up Power Demand Expectations
• Egypt Cuts Gas Flows To Industry As Israel Imports Halved

Economics & Finance

• EU Targets UAE-Based Russian Firm With Fresh Sanctions
• Egypt Secures $4.5bn EU Loan

News In Brief

• Dragon Oil And KBR Sign Iraq HOA
• OMAN: PDO INVITES FIRMS TO TAP HEAVY OIL
• Egypt Oil Output Slump Continues In Q1
• ADNOC-OXY TO EXPAND SOUR GAS FIELD
• Opec Secretary General Slams Latest IEA Demand Revision
• Algeria Vows Retaliation After France Expels Diplomats
• Japan’s Reliance On Middle East Crude Grows

Selected Data

• Benchmark Crude Prices ($/B)