Power & Water

Kuwait opted to resume submitting data to the Riyadh-based Jodi organization this week. Until this week, the latest data was...

Saudi Arabia’s total oil exports surged to a record 9.25mn b/d in February as domestic demand for refined products fell...

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The UAE’s Federal Authority for Nuclear Regulation (FANR) appears no closer to awarding an operating license for the country’s first...

State utility Oman Power and Water Procurement Company (OPWP) has issued a request for qualification for a 1.2GW coal-fired power...

Saudi Arabia wants to become the world leader in solar power generation. It plans to invest $200bn to get there. The lofty target looks unlikely to be met, but the intention implies Riyadh is growing cold on potential LNG imports.

Israel hopes to end burning coal for powergen by 2030. And with Greece’s Energean taking FID on its $2.1bn Karish offshore development this month after last year’s move to development at 22tcf Leviathan, a lot of gas is chasing this extra demand.

Saudi Arabia’s oil export slate is increasingly tilting towards refined products, which now account for more than 20% of total volumes for the first time. The move helps squeeze more revenue from each barrel, and also reduces the market visibility, and therefore price impact, of Saudi oil exports as products are generally less scrutinized than crude.

Egypt’s gas revival has seen output rise to 5.5bn cfd, its highest level since 2013. However, there is strong domestic competition for supply, with three flagship gas-fired power projects leading the charge.