Issue 28

Oil & Gas

• Exxon Makes ‘Significant’ Cyprus Gas Find, Wraps East Med Drilling Campaign
• International Majors Compete For Libya Contracts As Bid Round Extended

Corporate

• BP Sets Sights On Expanded Libya Operations With New MoU
• Eni Expands Algeria Footprint With $1.35bn Sonatrach Deal

OPEC

• Opec+ Confident Following Production Acceleration
• Opec Supercharges Long-Term Oil Demand Outlook

Geopolitical Risk

• Israel Strikes Cripple Yemen’s Fragmented Power System

Refining & Petrochemicals

• Iraq FSRU Plans: Excelerate’s Chances Strengthen

Power & Water

• Egypt Avoids Extensive Blackouts Amid FSRU Connection Delays

Economics & Finance

• Egypt Wind Capacity Rises Above 3GW
• Saudi Industrial Gases IPO?

News In Brief

• Saudi Increased JUNE Production
• Gulf Firms Tie Up Short-Term LNG Deals
• US Lifts Syria Sanctions

Selected Data

• Crude Official Selling Prices ($/B): Saudi Hikes August Prices
• Benchmark Crude Prices ($/B)
• Opec Sees Road Transportation Driving Future Demand Growth