Issue 41

Oil & Gas

• Qatar Petroleum Finalizes Idd al-Sharghi Takeover
• Iran Presses On With South Pars Development Despite CNPC Pullout
• South Pars Oil Field: No Takers
• Libya’s NOC Gets $1bn Cash Injection
• NOC Eyes Russian Firms’ Return

Corporate

• Aramco Praises Resilience Ahead Of IPO
• Russia SWF Opens Saudi Office
• Majors Struggle To Get Gas On Right Side Of Environmental Divide
• Total’s Pouyanné: Gulf Focus For Low Cost Oil, And Solar
• GCC Carbon Capture Boast

OPEC

• Opec Faces Up To Global Demand Slowdown

Geopolitical Risk

• Turkey Ups Cyprus Ante By Drilling South Of The Island
• Turkey Deployment To Reshape Syria Conflict
• Egypt, Ethiopia Hit Dam Deadlock

Refining & Petrochemicals

• Aramco Eyes Major Ethylene-Based Texas Expansion

Power & Water

• Dubai Solar Park’s Online Capacity Tops 700MW

Economics & Finance

• Egypt Targets Surplus Gas On Domestic Users
• Tunisia: Fractured Parliament

News In Brief

• QP Expands Offshore Brazil With Three Exploration Block Wins
• Kuwait CFP Pushed Back To 2020
• Satorp Eyes $2.2bn Finance
• Bahrain Economy Flatlines In Q2
• Libya: Petchems Start-Up
• Egypt Cuts Road Fuel Prices

Selected Data

• South Korea 9M 2019 Crude Imports: Volumes Down, Gulf Down More
• Crude Official Selling Prices ($/B): Gulf Producers Raise Key Asia Grades To Multi-Year Highs For November
• Saudi LPG Official Contract Prices ($/T)
• Benchmark Crude Prices ($/B)
• Asian LNG Prices ($/Mn Btu By Delivery Month): Spot Prices Edge Above $5 But Still Just Half Year-Ago Levels