Issue 46

Oil & Gas

• Adnoc Revamp Advances Amid Flurry Of Adipec Deals

Refining & Petrochemicals

• Adnoc Adds To Ambitious Downstream Plans, Mulls Retail IPO

Power & Water

• Abu Dhabi’s Taqa: Power Steady But Upstream Slumps With Capex Cuts
• IEA 2017 WEO: Key Power Forecasts*

OPEC

• IEA, Opec Diverge On Market Outlook Ahead Of Key Vienna Meet

Geopolitical Risk

• Iraq Dreams Of Economic Normality With Draft 2018 Budget

Corporate

• BP Can’t Stop Falling For Low Cost Mideast Output
• US Shale: Becoming A Major Game?

Economics & Finance

• Gulf SWFs Overhaul Their Strategies For A ‘Lower For Longer’ World

Selected Data

• US Key Oil Data ('000 B/D): October 13.1mn B/D Crude Plus NGLs Output Tops April 2015 Record
• Spanish Q3 Crude Imports ('000 B/D): Iran Up 50% Y-O-Y To Overtake Iraq, Libya Volumes At Highest Since 2010
• Taiwan 3Q17 Crude Imports ('000 B/D): Mideast Rebound With Seven-Year High Of 430,000 B/D From Saudi In September
• Taiwan Q1-3 2017 LNG Imports: Qatar Continues To Lose Market Share, Volumes Down 20% On Year-Ago Levels As Taipei Looks To Diversify
• Crude Official Selling Prices ($/B)
• Gulf Producers Raise Asia Prices For Key Grades To 3-Year High Vs Oman/Dubai Benchmark ($/B, Oman)
• Benchmark Crude Prices ($/B)
• US Vs China Fossil Fuel Imports/Exports (Mn Tons Of Oil Equivalent) - IEA Projections