Issue 24

Oil & Gas

• US Shale Output Soars But Permian Productivity Falling

Transportation

• Qatar Sanctions Unleash Confusion In Gulf
• Shell Reaffirms Qatar Commitment

Refining & Petrochemicals

• Aramco Seeks Talks On Indian Refinery, Part Of Asian Downstream Push

Power & Water

• EBRD Kick-Starts Egypt Solar With $500mn Investment In 16 PV Projects

OPEC

• Opec Revenue Purgatory Stretches On
• Opec Confirms 13% 2016 Revenue Fall: Iran The One Winner

Geopolitical Risk

• Erbil Plays Russian Roulette With Independence Vote
• Russian Companies’ Expanded Presence

Corporate

• Algeria Holds IOC Partners Close

Economics & Finance

• Kuwait Approves 2017-18 Budget With $26bn Deficit
• Dubai Reaches Financial Close For 800MW Solar Park
• Energy Subsidy Spending In Arab Countries (% Of GDP) - IMF
• Oman $500m Power Bond

Selected Data

• Crude Official Selling Prices ($/B)
• Saudi Aramco Contract Prices For LPG Exports ($/T)
• Benchmark Crude Prices ($/B)
• Global Oil* Supply And Demand To 2035 - BP’s Take (Mn B/D)