Issue 41

Oil & Gas

• Saudi Oil, Gas Spending To Continue Unabated Despite Oil Price Collapse
• Oman Expects New Block Award By December
• Climate Change Takes Centre Stage Ahead Of COP 21
• UAE To Spend $35bn On Reducing Gas Imports For Powergen

Refining & Petrochemicals

• Aramco Advances Downstream Plans With Petro Rabigh, Sadara Progress

Power & Water

• IEA Sees Cost Of Renewables Falling, But Regional Adoption Constrained
• Jordan Connects First Wind Farm To Electricity Grid

OPEC

• Russia Ready To Talk… But Opec, Shell Issue Oil Price Warning
• OPEC Production Slips In September Despite Iraqi, Gulf Increments
• US Year-On-Year Oil Output Growth To Turn Negative As Of January 2016

Geopolitical Risk

• Iraq Attempts Fiscal Correction Amid Political Vacuum
• Iraq Kicks Off 2016 Budget Debate

Corporate

• Oil Services Sector To Cut More Jobs Amid Oil Price Squeeze
• Egypt: New Ganope Bid Round
• Sabic Inaugurates Korean Plant

Economics & Finance

• IMF: Reforms Key If Iran To Benefit From Nuclear Deal
• Oman: Debut Sukuk

Op-Ed & Documents

• Iran: The Subsidies Dilemma

Selected Data

• Benchmark Crude Prices ($/B)
• Saudi Aramco Contract Prices For LPG Exports ($/T)

Transportation

• Egypt Awards Four Offshore Gas Blocks Following August 30tcf Discovery