Issue 5

Oil & Gas

• Kuwait Cuts Long Term Targets For Giant Burgan Field
• Thailand’s PTTEP Expands Mena Presence With Farm-in At BP’s Khazzan
• Chevron Concedes Israel Gas Sale Veto Rights, Eyes Expansion
• Algeria: Oxy, Eni, total sign Roadmap MoU For New Contract
• Iraq Oil Export Revenues Surge With First Basrah Medium

Corporate

• US Majors Pledge To Keep Spending Tight In 2021
• Services Firms Diversify Away From Volatile Us Shale

OPEC

• Opec Output Growth Stalls Ahead Of Saudi Cut
• LNG Trade: China Set To Overtake Japan As Top Importer

Geopolitical Risk

• Libya’s Power Sector In A Race Against Time

Power & Water

• Key GCC-Iraq Electricity Interconnection Delayed To Mid-2022
• EBRD Lends Tunisian State Power Firm Steg €300mn

Refining & Petrochemicals

• Sabic Eyes Market Improvements After Historically Low 2020 Profits
• Oman 2020 Refining: Output Down, Exports Up, Jet Crashes
• Saudi Arabia's Plaschem Park Nears Startup

Economics & Finance

• Qatar Export Revenues Fall 30% In 2020
• Egypt: BP Readies Raven

News In Brief

• KPC Prepares To Streamline Subsidiaries With Reshuffle
• Iran’s Rohani Lauds Gas Legacy
• Iran Oil Export Terminal Start Up Delayed
• Oman: Masirah Eyes 30,000 B/D Offshore Output

Selected Data

• Saudi Arabia Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• Brazil 2020 Output Gains Underwhelm

Op-Ed & Documents

• Integration: A Model For The Future Of Kuwait’s Burgan