Issue 48

Oil & Gas

• Adnoc Lays Down Marker With $122bn Investment Plans
• Iraq Plans Oil Prepayments To Alleviate Financial Meltdown
• KRG: Chevron’s Sarta Online As Gazprom Eyes Sarqala Rebound
• Israel Gas Output, Exports At Record Levels

Corporate

• Energean Eyes 28,000 b/d Of Israel Oil Output
• Cepsa’s Already Slumping Output Hit By Opec Cuts

OPEC

• Covid To Cost Opec $250bn In Lost Revenues
• Houthis Fire Warning Shot At Saudi Arabia Amid Iran Tensions

Geopolitical Risk

• China Crude Imports: Russia Moves Ahead Of Saudi In 2020 Top Supplier Race

Refining & Petrochemicals

• Saudi Arabia’s Jubail Petchems Hub: Who’s There And What’s Produced?

Power & Water

• Dubai’s Dewa Sets New Price Record For Hassyan Desal
• Acwa Eyes Jazan Bond

Economics & Finance

• Libya: Oil Still Flowing But Revenues In Limbo
• Armed Group Attempts To Storm NOC HQ

News In Brief

• Medco: Change Of Heart In Libya
• Panoro Eyes Tunisia Boost
• Sabic Mulls Specialties IPO
• Sadara Seeks Sukuk Talks
• Egypt: Wintershall $480mn Write-Off
• Kuwait Starts Up CDU In Delayed ‘Clean Fuels’ Expansion

Selected Data

• Crude Official Selling Prices ($/B)
• Saudi LPG Official Contract Prices ($/T)
• Saudi 9M20 Jodi Data (‘000 B/D): Crude Output & Exports Down Year On Year But Burn Up 7%
• Benchmark Crude Prices ($/B)
• Saudi Oil Revenues Rise From Q2 Depths Amid Opec Cuts