Issue 25

Oil & Gas

• Oman Races Ahead Of Production Target, Diversifies Export Markets
• KRG: Output From Key Fields Dips, Payments Rise
• Qalaa Looks To Trim Debts

Transportation

• Rising Saudi Crude Burn Eats Into Exports, Stock Draw Compensates

Refining & Petrochemicals

• Egypt To Start Up Key Ethylene Plant, If It Can Find The Gas

Power & Water

• Kuwait To Hike Gas-Fired Capacity After Bagging More LNG
• Dubai Plans Largest Mideast Waste-To-Power Plant

OPEC

• Will Venezuela Join Libya & Nigeria In OPEC's ‘Long-Term Outage’ Club?
• China Pushed To Accept Refinancing Of $50bn Venezuela Debt

Geopolitical Risk

• Libya: Progress Against IS Brings Internal Divisions Back To The Fore
• Algeria Crisis Intensifies As Export Earnings Collapse

Corporate

• Mideast Sovereign Wealth Funds Learn To Adapt To Low Oil Price World
• Saudi Post: 2017 Sell-Off

Economics & Finance

• Qatar Downgrades Growth Forecast, But LNG Revenue Projection Looks Bullish

Selected Data

• Benchmark Crude Prices ($/B)
• US Oil Rig Count Increases For Third Consecutive Week As Oil Prices Hit $50/B But Will This Be Enough To Spur Sustained Recovery?