Issue 14

Oil & Gas

• Bahrain Eyes Unconventional Oil For Economic Reboot
• OMV Set For Adnoc Offshore
• Libyan Crude Exports At 5-Year High
• Italy Imports Bumper Winter Gas From Algeria, Libya… Then Volumes Collapse

Corporate

• Ras al-Khaimah Launches Bid Round In Effort To Restart Production

OPEC

• Opec Output At 11-Month Low, Overshadows Latest Russian Gains
• Algerian Crude Output: Temporary Dip, Long-Term Decline

Geopolitical Risk

• Yemen: IOCs Eye Re-Entry Amidst Battlefield Stalemate

Refining & Petrochemicals

• Iraq Eyes 70,000 B/D Refinery Boost By End-2018

Power & Water

• Saudi: Ambitious Solar Push Could Spell The End For LNG Import Plans

Economics & Finance

• Sonatrach Slashes 5-Year Spending Plan: Is It Finally Getting Real?

Selected Data

• Benchmark Crude Prices ($/B)
• US Seaborne Crude Exports Averaged 1.16mn Between September 2017 And January 2018, China Top Destination ('000 B/D)