Issue 24

Oil & Gas

• Gas In The Gulf: Cooperation Is Limited
• Trio of Abu Dhabi Exploration Blocks Upgraded to Production Concessions
• Egypt Blackouts Set To Return Amid Israeli Gas Field Shutdowns & LNG Import Bottleneck

Corporate

• Adnoc Gas Awards $5bn Contracts

OPEC

• EIA Says Price-Sensitive US Crude Output In Decline

Geopolitical Risk

• From Sudan to Western Sahara: UAE’s High-Stakes Gamble in North Africa
• Israel Strikes Iranian Nuclear, Military Sites
• Baghdad-Erbil Oil Dispute Deepens As Both Sides Accuse Each Other of Smuggling

Refining & Petrochemicals

• Trade In The Med: More Hubs, New Ship-to-Ship Zones
• Adnoc L&S To Manage 70% Of Borouge Petchem Export Ops
• Saudi Steps Up Refining Activity
• Adnoc Eyes BP Assets?

Power & Water

• Dubai Scales Up Its Clean Energy Ambitions
• Iraq Turns To Turkey To Ease Electricity Shortages

Economics & Finance

• Qatar Records First Deficit Since 2021

Op-Ed & Documents

• The Global South Must Be Enabled To Develop Its Gas Resources

News In Brief

• Israel’s Doral Given Golan Solar & Storage Green Light
• Oman: IOCS Withdraw From Block 12
• Egypt: IMF Review Ongoing As Reserves Hit New Record
• Iraq: Zero Gasoline Imports by End-2025
• KRG Doubles Down On Electricity Tariff Hike

Selected Data

• Benchmark Crude Prices ($/B)
• Turkey’s Gas Imports: Record US LNG Volumes Eat Into Russia, Iran Market Share