Issue 49

Oil & Gas

• Baghdad, KRG: Peace In Our Time?
• Marathon/Total Strike Big In KRG
• Iran’s Upstream Opening Stalls On Nuclear Extension
• Dragon Pulls Back

Transportation

• Israel Looks To 2015 Drilling Uptick But Geopolitical Headaches Remain
• Edison East-Med Expansion

Refining & Petrochemicals

• Water Resources Under Pressure From Refining Expansion

Power & Water

• Turkey Advances First Nuclear Plant, Eyes New 4.4GW Project
• Iran Joins Regional Coal-Rush

OPEC

• Lower Oil Prices: Making The World A Better Place?

Geopolitical Risk

• Healed GCC Is To Meet In Doha, Discuss Stronger Military Ties
• Libya: UN Launches New Effort To Bridge Political Divide

Corporate

• Egypt Secures Funding For Further IOC Payments
• Turkey Bags More CCGT Funding, Russia Pledges Gas

Economics & Finance

• Iran Eyes Balanced Budget Despite Gloomy Outlook
• Dollar Strength Lessens Impact Of Oil Price Slide

Selected Data

• Benchmark Crude Prices ($/B)
• Global Oil Output With $80-Plus Breakeven Price-The IEA’s Take* (‘000 B/D, By Project Type)