Issue 34

Oil & Gas

• KRG Allows Companies To Sell Equity Oil
• Kuwait Energy Halts Mansuriya Activities
• Mexico Openings Attractive To Gulf NOCs
• Algeria Delays Bid Round Once Again
• South Sudan Oil Sector Takes Hit With Exxon Exit
• Libya: Oil Minister Out

Transportation

• Qatar’s LNG Bunkering Push Part Of ‘Green’ Trend, Says OPEC

Refining & Petrochemicals

• Egypt Downstream Revival Continues With Midor Expansion
• DRPIC Tenders Duqm Refinery Site Prep

Power & Water

• Jordan Eyes Rosatom Deal, As MENA Nuclear Plans Advance
• Dubai Tenders For 100MW Phase 2 Of Solar Park

OPEC

• Saudi Arabia Taps Service Companies for Oil Capacity Upgrades

Geopolitical Risk

• Algeria: Terrorist Threat Low, But IOCs Keep An Eye On Security

Corporate

• Dragon Oil’s 1H14 Output Falters As Ambitions Soar
• Oman Oil Names Former Oxy Executive As New CEO

Economics & Finance

• Iran Stimulus Plan Approved As Debt Piles Up
• Arab Bank In Court
• Kuwait Unveils New Five-Year Development Plan
• JPRC Awaits $1.5Bn

Selected Data

• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• Egyptian Oil & Gas Output, May 2014: Oil Steady; Gas At Lowest Level Since 2006 (4.8 Bn Cfd)