Issue 09

Oil & Gas

• Chevron In Exclusive Talks For Iraq’s West Qurna-2
• Qatar’s NFW LNG Expansion Project Slips Beyond 2030

Corporate

• IOCs Bullish On Libyan Outlook As Security Situation Improves
• Libya Announces New Oil Additions
• Israel To Launch Bid Round Despite Iran Conflict Risk

OPEC

• Middle East Crude Futures Markets Gain Global Traction
• Saudi Crude Exports Increase Amid Elevated Regional Risks

Geopolitical Risk

• GCC Rallies Round Kuwait Following Iraq’s New Boundary Claim
• Libya Silent As Turkey Slams Greece For ‘Unlawful’ Chevron Deal

Refining & Petrochemicals

• Middle East Crude Shipping Costs Surge To Six-Year Highs
• Aramco Advances Gas Growth Strategy
• Aramco Halts East Coast LPG Loadings

Power & Water

• Egypt Renewables Surge To Annual Record
• Oman Lays Out Plan For 30% Renewables By 2030

Economics & Finance

• Saudi Arabia’s Trade Deficit With China Widens

News In Brief

• Decision Time For Opec+
• EOG Expects First Results From UAE, Bahrain Wells In Q2
• BGC Boosts Gas Capture At Iraq Fields
• Kuwait’s KPC Holds Pipeline Monetization Talks
• TotalEnergies Brings Iraq’s First Solar Plant Online
• Leviathan Shut Amid Expansion Work
• Cyprus President, Eni Ceo Talk Cronos In Rome

Selected Data

• Benchmark Crude Prices ($/B)
• Saudi Arabia’s 2025 Budget Deficit Revised Up