Issue 41

Oil & Gas

• Iraq’s Pipeline Ambitions Run Up Against Rising Costs
• New World Order Demands Enhanced Hormuz Resilience
• UAE Boosts Production In September
• Saudi Aramco Examines New Gas Growth Plans

Corporate

• Leviathan Partners Cancel $6.7bn Dalia Gas Deal

OPEC

• World’s Oil Buffers Are Dangerously Thin

Geopolitical Risk

• Houthis Kill Civilians In Attacks On Saudi Arabia
• Libya’s Former Oil Minister Slams ‘Unprecedented’ Corruption
• Egypt, Ethiopia Expel Diplomats As Tensions Escalate

Refining & Petrochemicals

• Qatar LNG Exports Through Hormuz Reach Seven-Month High
• Adnoc Trading Signs Thai LNG Deal

Economics & Finance

• Iran Faces Oil Export Revenue Collapse As US Blockade Nears Three-Months

Power & Water

• Saudi Arabia’s Renewables Revolution Accelerates Again
• Egypt Awards Grid Contracts For El Dabaa Nuclear Plant

Selected Data

• Benchmark Crude Prices ($/B)
• Aramco Slashes Official Selling Prices To Asia To Six-Year Lows ($/B Vs Oman/Dubai)