Issue 47

Oil & Gas

• Total Aims To Become Mena’s Dominant IOC
• Eni Touts Zohr As East Med Hub
• Total, Eni Slam Cyprus Port Snafu
• Total, Exxon Leading Contenders For Zohr Stake

Transportation

• Suez Canal Sees Record Northbound Oil Shipments

Refining & Petrochemicals

• Kuwait Eyes Push Into US Petchems With Award Of MEG Plant Contract
• Qatargas Ramps Up Output At Ras Laffan 2 Splitter

Power & Water

• Morocco Awards Three PV Projects, As Mena Gets Serious About Solar

OPEC

• Can Opec Get Its Act Together Ahead Of Vienna Meeting?

Geopolitical Risk

• Trump Sword Of Damocles Hangs Over Global Climate Action

Corporate

• ‘Iran Is A Risk…The US Is A Risk’ Total’s Pouyanné Speaks To MEES

Economics & Finance

• Saudi Delayed Payments Risk Slowing Economy Further
• Iran Interest Rates Spike

Selected Data

• Crude Official Selling Prices ($/B)
• Saudi Aramco Contract Prices For LPG Exports ($/T)
• Benchmark Crude Prices ($/B)
• US Crude Output Shows Signs Of Recovery In November After Bottoming Out In September At 8.59mn B/D. Oil Rig Count Continues Steady Rise Posting 474 In Thanksgiving Week, The Highest Since The End Of January