Issue 50

Oil & Gas

• Kuwait Oil: Change At the Top As 2020 Target Dropped
• BP Goes Big On Egypt Gas Expansion
• Eni/Total Increasing Cyprus Cooperation
• Mauritania: BP Eyes Second Hub With Tortue Set For Take-Off
• Moroccan Offshore: Going Nowhere Fast As Eni Hands Back Key Block

Corporate

• China’s Zhenhua Acquires Abu Dhabi Concession
• QP Enters Mozambique

OPEC

• Market Fundamentals Point To Choppy Outlook For Opec
• Iraq Pledges 139,000 B/D Cut

Geopolitical Risk

• Libya’s NOC Forced To Shut In Key El Sharara Field

Refining & Petrochemicals

• Aramco/Adnoc Indian JV Refinery Delayed Two Years
• Sabic Inks EU Waste Plastic-To-Petchems MoU

Power & Water

• Jordan: Bye-Bye Conventional Powergen?
• Oman Seeks Better Gas Management Through State Energy Sector Shake-Up

Economics & Finance

• Qatar: New 2.5GW Plant Powers Economic Growth
• Egypt’s Tahrir Petchems Bags $1.25bn Loan

News In Brief

• CNPC Exits Iran’s South Pars
• Yemen Peace Talks: Oil Focus
• Saudi Forms New Red Sea Alliance
• Kuwait Parliament: Al Zour Probe
• Lukoil Takes First Kirkuk Volumes
• Egypt Bags $1.5bn From Wb, Kuwait
• Oman: Tethys Begins Seismic
• In Memory of Charles Snow (1940 - 2018)

Selected Data

• Benchmark Crude Prices ($/B)
• LNG Prices Dip As Aussie Output Ramps Up, Overtaking Qatar