Issue 14

Oil & Gas

• Syria Presents Itself As ‘Energy Land Bridge’
• Golden Pass LNG Up And Running In Texas

Corporate

• Aphrodite Advances: HGA and Gas Price Agreed
• Crunch Time For Cyprus Cronos Development
• Overdue Payments Hinder Progress In Libya’s Oil Sector
• Libya: SLB Restructures Under Independent Entity
• Libya PM Orders Termination Of Arkenu’s Oil Deal Amid Corruption Scandal
• Fujairah: Vopak Back?

OPEC

• Impact of Hormuz Closure Begins To Hit Home

Geopolitical Risk

• Iran War Exposes Iraq’s Political Fractures
• Houthis Entry Into Regional Conflict Threatens Red Sea Stability
• Oman Uses Southern Route To Circumvent Hormuz Bottleneck
• Production Resumes At Israel’s Leviathan Gas Field

Refining & Petrochemicals

• Trump: War To Drag On
• Saudi Arabia Maxes Red Sea Refinery Exports
• XRG-OMV Complete Blockbuster Petrochemicals Merger

Power & Water

• Middle East Renewables Growth Set The Global Pace In 2025

Economics & Finance

• Saudi Arabia’s Sadara Shuts Down Operations

News In Brief

• Iraq: Oil Trucking To Syria
• Iraq Tries To Move Ahead With Lukoil Settlement
• Iran’s Tabriz Petchems Attacked
• Capricorn: Egypt Ratifies Consolidation Agreement
• Iran Continues To Attack Gulf Energy Assets
• Ewec Receives Proposals For Abu Dhabi CCGT

Selected Data

• BP Signs Egypt Red Sea Block MoU
• Benchmark Crude Prices ($/B)
• India’s Top Crude Suppliers* (‘000 B/D): India Was Especially Exposed To The Hormuz Closure After Cutting Imports Of Russian Crude In Early 2026