Issue 37

Oil & Gas

• BP Adds Egypt Gas As Offshore Drilling Advances

Corporate

• Karish Rebound Improves Energean’s BP Bid Prospects

OPEC

• Opec Output Growth Slows In August

Geopolitical Risk

• Libya Elections Roadmap Undermined By Instability & Political Rivalries
• Oil Tops $100 As US And Iran Battle At Sea
• Houthis Gain Control Of Yemen’s Red Sea Coastline

Refining & Petrochemicals

• Egypt, Fujairah Advance Mediterranean Oil Hub
• Adnoc Shuttling Full Speed Ahead As Aramco Steps Back
• Qatar Runs Low On LNG Tanker Storage

Power & Water

• Israel Storage Buildout Accelerates, Golan Wind Stalls

Economics & Finance

• Jordan Energy Costs Add To Economic Strain

News In Brief

• Iran Cuts Gasoline Subsidy
• Faihaa Gas Plant At Full Capacity
• Oman Ratifies Two Upstream Awards
• Infinity, Hassan Allam Sign 1gw Wind Ppa
• Mcdermott Wins Cronos Contract
• Egypt, Cyprus, Greece Push Gas Links
• Libya, Tunisia Open Joint Oil Bid Round

Selected Data

• Crude Official Selling Prices ($/B) : Saudi Holds October Asia Light, Lifts Heavier Grades
• Benchmark Crude Prices ($/B)
• Asia Lng Prices ($/Mn Btu): September Spot Rebound Widens Premium Over Rising Import Costs Amid Hormuz Shipping Risks