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Issue 11

Oil & Gas

  • Iran Beats The Odds With 20% Gas Output Hike
  • KRG Keeps The Faith With Baghdad But Cash Still Short
  • Kuwait To Invite IOCs To Bid On Expansion Projects
  • Aramco Completes Red Sea Drilling, Touts Discoveries
  • US Rigcount Falls To 5-Year Low As Saudi And Kuwait Set New Records

Transportation

  • US Production Hits Record 9.4mn B/D In February After Record 2014

Refining & Petrochemicals

  • UAE: Ruwais Expansion Ramps Up Output
  • Kuwait Starts Clean Fuel Construction

Power & Water

  • GE Hints At $2bn-Plus Egypt Megadeal
  • Turkey: CCGT Boost Takes Capacity Above 68GW
  • Qatar-Japan Consortium Targets Turkey Coal-Fired Power

OPEC

  • OPEC On Autopilot Till June

Geopolitical Risk

  • Libya: Talks Postponed As Jihadists Step Up Oil Field Attacks
  • Algeria Confronts Libya Spillover Threat

Corporate

  • BP Stakes Out Key Role In Egypt’s Gas Renaissance – If The Price Is Right
  • Egypt Production To Get Worse Before It Gets Better

Economics & Finance

  • Iran Slashes 2015-16 Oil Revenue Assumption

Op-Ed & Documents

  • OPEC Faces $750bn Losses From Market Share Strategy

Selected Data

  • Crude Official Selling Prices ($/B)
  • Benchmark Crude Prices ($/B)
  • SHELL OIL OUTPUT: US, IRAQ UP; 150,000 B/D LOST WITH ABU DHABI CONCESSION EXPIRY (‘000 B/D)
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