Issue 26

Oil & Gas

• Cyprus’ Aphrodite Gas Plans On The Rocks
• Algeria Oil & Gas: Searching for Stability
• Algeria Gas Exports Plumb New Multi-Decade Low
• Saudi Arabia Gas: New Facilities, Greater Flexibility
• BP Eyes 2020 Start-Up At Oman’s Ghazeer

Corporate

• Adnoc Secures $10bn Through Gas Pipeline Deal

OPEC

• China Crude Imports: Record Saudi, Iraq, UAE Volumes, Us Record To Come
• India Oil Demand Crushed By Covid
• US Rigs Fall To New Low

Geopolitical Risk

• Lebanon-IMF Talks Stall As Economy Deteriorates

Refining & Petrochemicals

• Ecomar Thinks Big After Fujairah Refinery Start-Up

Power & Water

• Saudi Targets 50% Renewable Energy Capacity
• Qatar Ends Record Powergen Run

Economics & Finance

• Oman Feels The Pain As Export Revenues Plummet

News In Brief

• Saudi GDP To Shrink 6.8%-IMF
• Aramco/Reliance Tying Up Deal
• Iran Starts Hormuz Bypass Work
• Iran Rejects IAEA Access Claim
• KRG: Shamaran Bondholder Deal?
• KRG: Gulf Keystone CEO ‘Retires’
• Tunisians Demand Oil Jobs
• Russian ‘Mercenaries’ Enter Libya’s Sharara Field

Oil News

• Israel Offers Exploration Block

Selected Data

• Benchmark Crude Prices ($/B)
• Suez Canal Extends Americas-To-Asia Discounts As Revenues Slump