Issue 47

Oil & Gas

• Baghdad, Erbil Find Common Cause As Oil Price Falls
• The Oil Price Slide: Just How Bad Is It For Iran?
• Iran, Russia Ties Strengthen With Nuclear Plants Deal
• Tripoli Could Face International Sanctions Over Terror Links
• Libyan Gas Exports Show Unlikely Resilience
• Algeria Surplus Down
• Saudi Arabia Looks East

Transportation

• Iraq Determined To Proceed With Jordan Pipeline
• Jordan Solar Gets $100Mn Boost

Refining & Petrochemicals

• OPEC, IEA Envisage $175Bn-Plus Mideast Refining Outlay To 2040
• Sadara Ties Up Water Supply, SABIC Expands

Power & Water

• Subsidies Limit Gulf Progress On Energy Efficiency

OPEC

• OPEC Gears Up For Tough Ride As Cut Looks More Likely

Geopolitical Risk

• ISIS Oil Revenue ‘Degraded’ By US Strikes
• GCC Mends Fences

Corporate

• Egypt To Raise $2Bn Against Future Oil Sales
• $30Bn Halliburton-Baker Hughes Merger To Have Major MENA Implications

Economics & Finance

• Kuwait Budget Surplus Down 25%
• Dow Petchems JVs To Be Floated On Kuwait Exchange
• Morocco Desal Finance

Op-Ed & Documents

• Baiji Refinery: What It Means For Iraq

Selected Data

• Saudi Refining Ramp-Up Continues – Data Analysis
• OPEC’S Biggest Crude Buyers: US vs China vs Japan
• Saudi Arabia's Top Crude Customers (Mn B/D): A Three-Way Tie
• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• Global Sovereign Wealth Fund Rankings ($Bn Assets)