Issue 39

Oil & Gas

• Tripartite Agreement Sets Stage For Kurdistan Oil Export Comeback
• Cyprus Confirms Exxon’s Pegasus Estimates

Corporate

• Egypt Hopes Concession Revisions Will Drive Investment Boost
• Kuwait Crude Oil Capacity Rises To 14-Year High

OPEC

• Saudi Banks Revenue Gains from Opec+ Increases

Geopolitical Risk

• Palestinian Statehood And Gaza Ceasefire Take Center Stage At UN

Refining & Petrochemicals

• Adnoc’s XRG Faces Crucial EC Regulatory Test
• China’s CPECC Finalizes Ruwais Gas Pipeline Contract
• XRG Closes Rio Grande Deal

Power & Water

• Power Sector Upgrades Help Bahrain Manage Falling Gas Output
• Saudi Arabia Opens Tender For 5.3GW Of Renewables
• Xlinks Sets Eyes On Germany And France After UK Rejection
• Egypt Exports LNG Cargo Amid Huge Inflows

Economics & Finance

• Algeria Facing Fiscal Vulnerabilities Despite Recovery, IMF Warns

News In Brief

• Egypt: Record Renewables Generation
• Eni Finds Gas In Oman, Is It Commercial?
• Oman Awards First Solar Battery Project
• Kuwait Power Gets August Relief

Selected Data

• Crude Official Selling Prices ($/B): Key Gulf Producers Cut October Prices To Asia
• Benchmark Crude Prices ($/B)
• Saudi Arabia Oil Burn On Course For Substantial Annual Decline Thanks To Growth Of Gas & Renewables