Issue 44

Oil & Gas

• Saudi Aramco To Store Crude In Singapore Caverns
• Eni Kicks Off Cyprus’ Cronos Construction Phase
• Chevron Confirms Gas At Egypt’s Nargis-2

Corporate

• Oman’s OQEP To Step Up Appraisal, Development to Boost Output
• Adnoc Drilling Eyes $5bn Services Market In Next Growth Phase

OPEC

• India Crude Imports (‘000 b/d): Gulf Imports Return To Pre-Conflict Levels In September

Geopolitical Risk

• Qatar’s Lebanon Power Plans Face Gas Supply Test
• Libya: Central Bank Dispute Renewed With New Governor
• Israel Election Leaves Coalition Formation In Deadlock

Refining & Petrochemicals

• Libya Restarts Brega Refinery, Brings New Gas Field Online
• Libya’s NOC Warns Of 15,000 b/d Oil Losses Amid Renewed Pipeline Closure
• Sabic Quarterly Profits At Two-Year High
• Petro Rabigh: Strong Profits
• Syria Emerging As Products Trade Hotspot
• Iran’s Clandestine Exports

Economics & Finance

• Iraq’s Record 2027 Budget Rests On Fragile Assumptions

Power & Water

• Saudi Arabia To Raise Electricity, Water Prices From January
• EBRD Takes Center Stage In Egypt Renewables Plans

News In Brief

• Ras Tanura Refinery Damaged In Strike
• Sharjah Brings New Gas Field Online
• QatarEnergy Signs Second US LNG Deal
• Dragon Plans Gulf Of Suez Seismic
• Cyprus LNG Imports: More Delays
• Borouge Petchem Sales Rebound
• Region Braces For Renewed Conflict

Selected Data

• Benchmark Crude Prices ($/B)
• Saudi Red Sea Imports Hit New Record In August