MEOG Week 13
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Issue 763 01•April•2020 Week 13
Desperate times, desperate measures
With crude prices showing little sign of recovery, the US has now entered the ring in an attempt to relieve the crisis.
Turkey’s canal tender
Turkey has opened up a tender process for a cross-country transit canal that will ease reliance on the busy Bosphorus strait.
Crisis for Kurdish cash
Kurdistan’s oil industry is teetering on the brink of collapse as it struggles to pay operators with cash stuck in a Lebanese bank.
ADNOC plans to cut costs
ADNOC has told contractors and suppliers that it will review existing deals as it seeks to reduce costs amid the ongoing crude price pinch.
