Issue 2

Oil & Gas

• Saudi Crude Exports To Take Fresh Hit Amid Voluntary Cuts
• Sonatrach’s $40bn Five-Year Plan: Spending Is Not Enough
• The US Oil Rig Count’s 2020 Rollercoaster Ride

Corporate

• Chevron And Energean Face Off For Israel Acreage
• Energean: Karish North Fid

OPEC

• Opec Keeps Demand Forecast Stable Amid Cloudy Outlook
• Korea, Taiwan 2020 Crude Imports: Volumes Down, Mideast Down Further
• LNG Market: Record Volumes, Record Prices
• Korea & Taiwan 2020 LNG Imports: Qatar Still Top, But Only Just

Geopolitical Risk

• Yemen: 2020 Oil Exports Up, But Conflict Remains

Refining & Petrochemicals

• Iraq Baiji Refinery Sees Restart Of Second CDU

Power & Water

• Qatar Sets 4GW Renewables Target
• Qatar’s QIA & Enel Team Up For Africa Renewables
• Jordan Power Debts Rise

Economics & Finance

• Qatar Keeps Crown As Largest LNG Exporter For 2020

News In Brief

• Oman: 2020 Condensate Record
• Libya’s Zallaf: Drilling Campaign
• Egypt Snags $1.1bn ITFC Cash
• Adnoc Merges Downstream & Marketing Units
• Japanese Firms Eye Ice Murban
• Kuwait’s ‘New’ Cabinet Resigns
• Saudi Jazan Refinery Readies Test
• Pharos Eyes Egypt Sell-Off, Improved Terms

Selected Data

• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• China Crude Imports: Record Year Despite December Slump