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Issue 24

Oil & Gas

  • Iraq Fights For Survival Amid Growing Pressure To Slash Oil Output
  • New Iraqi Oil Minister Inherits A Sector In Flux
  • Saudi Oil Burn To Rise As Associated Gas Falls
  • Algeria 20kbd Upstream Deal
  • Key Mena Producers See Drilling Activity Slump
  • US Rigs: New Record Low

Corporate

  • Syria’s Block 26 Continues To Pump As UK’s Gulfsands Waits On Standby
  • KRG: Shamaran’s Rapidly Approaching Debt Deadline

OPEC

  • Opec+ Extends Cuts As Overproducers Pledge Compensation
  • China Bags Record Imports With Saudi Surge
  • Saudi Oil Exports Back On Top

Geopolitical Risk

  • Libya’s On/Off Output Restart: Can It Be Made To Stick?
  • Kuwait Commissioning CFP Units At Mina Abdullah Refinery

Power & Water

  • Saudi Utility SWPC Plans Major Desalination Expansion

Economics & Finance

  • World Bank Forecasts 2020 GDP Collapse: World -5.2%; Saudi -3.8%; Iraq -9.7%
  • Egypt Inks New IMF Program, Hikes Power Prices

News In Brief

  • Gas Demand Set For Record Fall-IEA
  • Korea Imports Slump, Saudi Up
  • Spain: 7-Year High Saudi Crude
  • Qatar Export Revenues Plummet
  • Israel: Karish Delay
  • Masdar: 500mw Uzbek Wind

Selected Data

  • Crude Official Selling Prices: Saudi $6/B Asia Price Hike
  • Benchmark Crude Prices ($/B)
  • LNG Spot Prices At Record Lows
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