Issue 48

Oil & Gas

• Iran Targets West Karun For Oil Gains
• Energean Seeking East Mediterranean Collaboration & Interconnectivity
• Energean Eyes Export Pathways For Planned Israel Expansion Volumes
• Egypt Finalizes $4bn US LNG Contract, While Israel Gas Deal Faces Uncertainty
• Adnoc Increases Ghasha Sour Gas Target To 1.8bn Cfd

Corporate

• Adnoc Keeps Annual Capex At $30bn Out To 2030

OPEC

• Saudi’s Summer Production Increases Pay Dividends

Geopolitical Risk

• IHC’S Lukoil Interest Showcases Global Energy Ambitions

Refining & Petrochemicals

• Sonatrach, Sinopec Plan Algeria Gasoline Boost

Power & Water

• Abu Dhabi Finalizes Deal To Decarbonize Aluminum Production

Economics & Finance

• Morocco Plans 1.5GW New Renewables In Western Sahara By 2030

News In Brief

• Kurdistan’s Khor Mor Shut Down After Attack
• Cyprus LNG Import Project Decisions Loom
• Cyprus-Lebanon Ratify Maritime Border Eye Interconnection
• Ades Completes Purchases of Shelf Drilling
• GCCIA Signs Contracts for Oman, UAE Expansion
• Adnoc Gas Signs $4bn Deal With Emsteel
• Abu Dhabi Firm To Invest $1bn In Yemen Energy Sector
• Gulfnav Completes Brooge Purchase

Selected Data

• Benchmark Crude Prices ($/B)
• Qatar Records Three Consecutive Deficits For First Time Since 2020