Issue 06

Oil & Gas

• Kuwait’s Upstream Foreign Investment Drive Begins
• Chevron Very Excited By East Med Potential
• Exxon Exits Egypt Block

Corporate

• Shell Plans To Double Egypt Output By 2030
• Drilling Firms Expect Big Year Ahead For Saudi Arabia
• Chevron’s Neutral Zone Operations Return To Growth
• Murphy Oil Secures Deepwater Block In Morocco Entry
• Sound Energy Announces Morocco Gas Progress

OPEC

• US-Iran Tensions Drive Oil Market Volatility
• Diversity and Stability of Supply Key For LNG Buyers

Geopolitical Risk

• Iran’s Floating Oil Barrels Provide Strategic Flexibility
• Sudan War Escalation Raises Stakes For Egypt

Refining & Petrochemicals

• QatarEnergy Crowns LNG Conference With Two Major Supply Deals
• Saudi Arabia’s Liquids Displacement Program Set To Boost Fuel Oil Availability

Power & Water

• Voltalia & Scatec Awarded 327MW Renewables Deals In Tunisia

Economics & Finance

• Saudi Arabia, Germany Plan Green Ammonia Corridor

Op-Ed & Documents

• Gas At Scale - Asset Integrity For The Future Of Saudi Arabia’s Energy Ambitions

News In Brief

• Kufpec Acquires Brazil Upstream Stake From Shell
• Kuwait, Saudi Arabia To Issue Dorra Tenders This Year
• Kuwait Finalizes Contract For New Az Zour Power Plant
• Kuwait Invests In Eni Biorefinery
• QATAR KEEPS EYE OUT FOR OIL AT HOME AND ABROAD
• OMAN BEGINS DELAYED GCCIA LINK PROJECT
• TotalEnergies Advances Iraq’s Ratawi Field Expansion
• Chevron Signs Up To Syrian Offshore

Selected Data

• JAPAN LNG IMPORTS: QATAR VOLUMES RISE 19% TO 4-YEAR HIGH 3.42MN TONS FOR 2025
• JAPAN CRUDE OIL & CONDENSATE IMPORTS ('000 B/D): SAUDI IMPORTS INCREASE IN 2025, CLOSING GAP TO TOP SUPPLIER UAE
• CRUDE OSPs ($/B): PRICES ARAB LIGHT TO ASIA AT PARITY WITH OMAN/DUBAI
• Benchmark Crude Prices ($/B)
• Brazil Production Soared To Annual Record Of 3.77mn B/D For 2025