Issue 36

Oil & Gas

• Oman Maintains Upstream Spending Despite Revenue Collapse

Transportation

• Algeria: Crude Exports Down But Piped Gas Exports Soar
• Bouteflika: Seen, But Not Heard
• Fujairah Development Diversifies UAE Export Options

Refining & Petrochemicals

• Aramco Eyes Houston Refining Hub As Motiva Break-Up Advances
• Sabic Sells Plastics Unit

Power & Water

• SEC Set For Split By Year-End
• Egypt OKs Foreign Arbitration For Renewables, Cuts Solar Tariffs

OPEC

• Mixed Opec Messages Add To Price Volatility As Output Hits New Record
• US Output: Is The Bottom Near?

Selected Data

• Key Non-Opec Producers: Russian Oil Output Dips 140,000 B/D In August...But Brazil Output Is Up Again At A New Record 2.58mn B/D
• Benchmark Crude Prices ($/B)
• Crude Official Selling Prices ($/B)

Geopolitical Risk

• Libya Faces Further Output Fall, Degraded Capacity With Chronic Under-Investment
• Zueitina: Export Restart

Corporate

• KRG Desperately Needs Kirkuk Oil To Make Payment Obligations

Economics & Finance

• Qatar’s Banks Look Abroad To Boost Liquidity
• IMF To Assist Egypt In Raising Bilateral Aid