Issue 40

Oil & Gas

• Energy Oman Plans Major Gas Developments
• Oman: PDO Capitalizes On Record Prices With Output Hike

Corporate

• XRG & TotalEnergies Take FID On Absheron Phase 2
• Cairo Cools To BP’s Planned Energean Asset Sale

OPEC

• Saudi Planning Bypass Pipeline To Oman’s Duqm?
• The Remarkable Recovery Of The Middle East’s Crude Exports

Geopolitical Risk

• Sudan Warns Of ‘Economic War’ As Energy Facilities Attacked
• Houthi Advances Could Spur Saudi-UAE Reconciliation

Refining & Petrochemicals

• Pipeline Closure Cost Libya’s NOC $95mn In Lost Revenue
• Libya, Egypt Sign Energy Cooperation MoU

Economics & Finance

• Aramco Confident In Gas Business Investment Case

Power & Water

• UAE Electricity Exports Jumped Sixfold In 2025
• Iraq’s Electricity Permacrisis Deepens
• Egypt Gas Imports Exceed Output On Record Demand

News In Brief

• Saudi Arabia Prepares To Host WPC Energy Congress
• Saudi Arabia Sees 2026 Budget Deficit Widening
• Cyprus Targets October Aphrodite-Ishai Deal
• IFC Mulls $120mn For Gebel El Zeit
• Scatec Starts 900mw Egypt Wind Construction
• Egypt-Saudi HVDC Connection Nears Completion
• Syria Plans Arab Gas Pipeline Extension

Selected Data

• Key Middle East Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• Turkey’s Gas Imports From Iran Stay Steady In August