Issue 46

Oil & Gas

• Naimi Looks To Set The Record Straight
• Delek Down Under
• BP Still Hopeful Of Kirkuk Deal
• Genel Energy Steps On Kurdish Natural Gas
• Baghdad, KRG Take First Step Toward Deal
• Oman Output Boost Plans Intact Despite Oil Price Slide
• Companies Still Cool On Oman’s Offshore
• BP Set To Begin Work At Kuwait’s Burgan
• MENA Active Drilling Rigs, October 2014.*
• UAE Says Oil Price Will Not Impact Expansion
• UAE Keeps Oil Majors Guessing On Onshore Renewal
• IPIC Subsidiaries Team Up In Abu Dhabi Upstream

Transportation

• IEA: LNG To Maintain Steady Share Of Interregional Gas Trade Through 2040

Refining & Petrochemicals

• Mideast Refining Surge To Continue Through 2040

Power & Water

• MENA Coal-Fired Power Gathers Steam As Egypt Plans Major Project
• ADNOC/MASDAR ‘Pioneering’ Carbon Capture Plan

OPEC

• OPEC To RECLAIM Market Share in 2020s, IEA Says

Geopolitical Risk

• Libya Fails To Recover From Production Setback

Corporate

• Egypt Makes Good On Gas Price Flexibility Pledge

Economics & Finance

• Egypt Cuts Deficit On Back Of Gulf Cash, But More To Do

Op-Ed & Documents

• Oil Prices: Uncertainties, Confusion And Conspiracy

Selected Data

• Japanese Crude Oil & Condensate Imports, Q3 2014 (‘000 B/D)
• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• OPEC More Bullish Than IEA* On World Oil Demand, Call On OPEC (MN B/D)