Issue 43

Oil & Gas

• Iraq: New Government, Old Problems
• Oman Farms Out 10% Khazzan Stake To Petronas

Corporate

• Services Firms: Mideast Growth Picks Up, But US Slows
• Permian Shale: Calling The Peak
• Upstream Costs: Can Services Firms Get Majors To Split The ‘Rent’?

OPEC

• Suez Canal Trade Hits Records But Trade War Threatens

Power & Water

• Iraq Signs Up For 25GW Power Boost: What’s The Cost?

Refining & Petrochemicals

• Falih Eyes Closer Russian Ties, In Opec+ As Well As Aramco Downstream
• Saudi Claims 12mn b/d Achievable Within Three Months

Geopolitical Risk

• Saudi Investment Summit Falls Short As Vision 2030 Stutters
• Pakistan Bags Saudi Economic Assistance

Economics & Finance

• Will Saudi Geopolitical Crisis Derail PIF Plans, 2030 Vision?

News In Brief

• Schlumberger Iraq Award
• Egypt: WDDM Gas Boost…
• …Amid Record Demand
• Red Sea Bidding
• Iran Testing Star Project
• EBRD Funding Egypt Wind
• Total Liquids Output Rises
• Kuwaiti MPs Prepare Grillings As ‘Summer’ Ends

Selected Data

• Crude Official Selling Prices ($/B)
• Suez Canal 3Q18 Key Data: Record Gross Crude Shipments Aided By Record 977,000 B/D Southbound Crude Volumes
• Saudi Arabia August 2018 Oil Data ('000 B/D): Saudi Arabia Draws On Stocks To Maximize Crude Exports And Refinery Runs In August
• Benchmark Crude Prices ($/B)
• Saudi Oil Stocks (Mn Barrels): Crude Slumps To New 9-Year Low Of 227mn Barrels; Total Oil Stocks Down 25% From 2015 Peak