Issue 29

Oil & Gas

• Foreign Operators Begin Syria Upstream Operations
• Oman Maxes Out LNG Exports During Hormuz Crisis

Corporate

• Iraq’s PM Puts Oil At Heart Of US Charm Offensive
• Murphy Oil & Chariot Eye Mauritania Exploration Blocks
• Acwa To Develop $700mn Mauritania Power Project

OPEC

• Gulf States Maintain Hormuz Shuttles Despite US-Iran Deal Collapse

Geopolitical Risk

• Hormuz Crisis Redux: Middle East Trapped In US-Iran Stalemate
• Libya: US Shuttle Diplomacy Impeded By Institutional Competition

Refining & Petrochemicals

• Saudi Petchems Firm Hit By Propane Shortfall
• Ruwais Oil Trade

Economics & Finance

• Masdar Reaches Financial Close For $6.1bn ‘Round-The-Clock’ Solar Project
• India-UAE Trade

Op-Ed & Documents

• Hormuz Crisis Changes The Structure Of Middle East Oil Sales

Power & Water

• Mitsubishi Power Gets Contract For Saudi Power Plant Conversion

News In Brief

• Sabic Plans Rongsheng Petrochemicals Tie-Up
• Cyprus, Lebanon Progress Planned Electricity Interconnection
• Kurdistan Producers Restart Oil Fields, But Dana Shuts Khor Mor
• OQ Subsidiaries Book Increased 1h Profits
• Libya: OMV Declares Essar Discovery Commercially Viable

Selected Data

• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• India’s Crude Imports In Flux As Geopolitical Headwinds Affect Key Suppliers