Issue 43

Oil & Gas

• European Oil Firms Stand Up And Get Counted In Tehran
• Adoption Day: Iran Nuclear Deal Kicks Into Gear
• Climate Change And The Oil & Gas Sector: More Risks Than Opportunities?

Transportation

• Egypt: Zohr Mega-Find Spurs Regional Gas Hub Ambitions
• New EPGC Chief

Refining & Petrochemicals

• Cairo Struggles With Products Shortages
• Iraq Awards Contract For 70k B/D Basra Refinery Expansion
• Saudi Petchems Profits Fall 21% In Q3 Due To Weaker Sales Prices
• Sabuco Starts Up World’s Largest & Mideast’s First Butanol Plant

Power & Water

• Aramco Vows $100Bn Spend To Phase Out Crude-Burn, Targets Self-Sufficiency
• Yanbu In Line For 50mw Solar Plant

OPEC

• Saudi Product Exports At Record High; Crude Volumes Crimped

Selected Data

• SAUDI OFFICIAL CRUDE & OIL PRODUCTS OUTPUT, TRADE & BALANCE (‘000 B/D)
• China Crude Imports 3q15 (‘000 B/D)
• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• Direct Crude Burn For Key Gulf Countries - 2015 On Course For Record ('000 B/D)

Geopolitical Risk

• Iraqi Kurdistan’s Internal Crisis: From Bad To Worst
• KRG Oil Payments Boost, Output Down

Corporate

• Mideast Revenues Prop Up Oilfield Services Giants

Economics & Finance

• Oil & Gas Subsidies Costing Saudi 11% Of GDP, Says IMF
• Iran Unveils Stimulus Package To Boost Growth
• Egypt: New Central Bank Chief Faces Foreign Currency Crisis
• Iraqi Cabinet Approves cut to Planned Budget

Op-Ed & Documents

• Royal Schism In The House Of Saud?