Issue 16

Oil & Gas

• ExxonMobil Set To Exit Federal Iraq
• Iraq Awards Mansuriya Gas Field To Sinopec
• Eni Extends Dominance In Northern Emirates With RAK Deal

Corporate

• Israel's Leviathan Hits Q1 Output Record As Expansion Plans Move Up The Agenda
• Libya: 280kbd Agoco Shut-In

OPEC

• China Q1 Crude Imports: Iran Volumes Hiding In Plain Sight?
• China: Record Q1 LNG Imports With Oman, Egypt Records
• Asian Spot LNG Prices Strengthen

Geopolitical Risk

• Russian Warships To Escort Iranian Oil Tankers To Syria

Refining & Petrochemicals

• Advanced Petrochemical Sets Sights On Expanded Jubail Facilities

Power & Water

• Saudi Liquids Burn Falls To Four-Year Lows In Early 2021

Economics & Finance

• Iraq’s Central Bank Reserves Rebound To Top $60bn
• UAE Hydrocarbon Export Revenues Fell By 36% In 2020
• Kuwait Oil Revenue Fall

News In Brief

• Iran Prepares New Oil Export Terminal For Start-Up
• Bahrain Eyes Late-2022 Unconventional Drilling
• Oman: Record Condensate Output
• US Shale: Permian Up, Others Down
• IEA Forecasts 2021 Global Energy Demand Rebound

Selected Data

• Crude Official Selling Prices ($/B)
• Benchmark Crude Prices ($/B)
• Egypt Gas Surplus At Highest Since 2011