Issue 12

Oil & Gas

• Aramco's 2020 Capex Cuts Push Back Key Upstream Project Timelines
• Saudi Aramco Plans Spending Rebound, Eyes Next Gen Fuel
• Iraq Aims To Fast Track Cooperation With Total
• Iraq Drilling Contract
• Iraq-Egypt Pipeline Mooted

Corporate

• Key Russian Investor Takes Over Syria Producer Gulfsands
• First Oil For Libya’s Zallaf

OPEC

• China Crude Imports: Bumper Volumes From ‘Iran Surrogate’ Suppliers
• China LNG Imports: Records From Qatar, Oman, Egypt

Geopolitical Risk

• Marib Conflict Threatens Yemen’s Struggling Oil Sector
• Ex-Sonatrach CEO Held In Dubai Amid Refinery Probe
• Suez Blockage Chaos; Oil Shortfalls Unlikely

Refining & Petrochemicals

• Aramco Eyes Petrochemical Primacy Following Sabic Purchase

Power & Water

• Egypt Power: Plentiful Gas, Falling Demand Make Shortfalls A Distant Memory
• Korean Nuclear Specialists Sign Up For 4.8GW Egypt Plans

Economics & Finance

• Adnoc Ready To Roll Out Murban Futures Contract

News In Brief

• Aramco G’ment Payments Down 30%
• Qatar: 2mn T/Y China LNG Deal
• Eni Eyes New Algeria Deal
• Tethys Oman Well Disappoints
• UAE Nuclear Fuel Loads
• Shell Finalizes Egypt Blocks
• Israel’s Paz Eyes Refinery Sell-Off

Selected Data

• Benchmark Crude Prices ($/B)
• Suez Canal By The Numbers