Issue 50

Oil & Gas

• China’s Role In Iraq Expands With $2bn Prepayment Deal To Zhenhua
• Iraq Sets Price For New Basrah Medium Grade
• Libya’s Monthly Output Tops 1mn B/D

Corporate

• Oxy Reasserts Its Middle East Focus With Adnoc Exploration Award
• TransGlobe Egypt Deal: The Key To Reversing Oil Decline?
• Adnoc Starts New Trading Unit
• Advanced Secures $800mn Loan For PDH/PP Plant

OPEC

• Opec Production Hits 7-Month High With More To Come
• Italy Crude Imports: Q3 Bounceback, Libya Volumes Set To Soar In Q4

Geopolitical Risk

• Kuwait’s New Parliament Faces Major Economic Headwinds

Refining & Petrochemicals

• Saudi Arabia’s Yanbu Hub: MEES Profile

Power & Water

• Egypt’s Power & Gas Demand Rebound From Covid Slump

Economics & Finance

• Has Egypt Weathered The Covid Storm?
• Morocco $6B Covid Cash

News In Brief

• Qatar Projects Huge 2021 Deficit
• Oman: New State Oil Firm
• UAE Nuclear Power Plant Hits Full 1.4GW Capacity On Test
• Morocco To Recognize Israel
• Eni & Algeria Eye Upstream Deal
• Energean Eyes Full Control Of Key Israel Subsidiary
• Aramco JV Targets Non-Metallics
• Korea Imports At 7-Yr Low

Selected Data

• Benchmark Crude Prices ($/B)
• China Imports: November Sees Bumper Saudi Arrivals