Issue 23
Oil News
- OPEC Production Rose To 24.76 Mn B/D In February
- UN Sanctions Committee Approves Marine Shuttle Between Jebel Ali And Umm Qasr
- Khabbaz Oilfield Comes On Stream
- Aramco Lowers Far East Formulas For April, Europe Sees Hikes, US Steady
- Abu Dhabi And Oman Reduce Prices By $0.50-0.54/B
- Libya Holds Price Formulas Steady In March
- Nigeria Lowers March Formula Prices
- Saudi Arabia Could Weather Five Years Of Weak Oil Prices Without Borrowing Abroad, Says CGES
- LPG Export Supply Affected By Ju'aymah Gas Plant Maintenance Closure
- Saudi Aramco Raises March LPG Prices
- SABIC's 1993 Income Rises 8%
- US Crude Oil Imports From OPEC Rise By 7.19% In 1993
- Qatar Contract Volumes for 1994
- QAFCO Signs Expansion Contract With Germany's Uhde and Italy's Belleli
- Syria Dismisses Speculation Of Crude Shipments To Israel
- AFPC Receives Six Bids For Maleh Production Facilities
- Total Denies Suspension Of Operations In Yemen
- Banbi Signs Oil Agreement With Forum
- Parliament To Discuss Approval Of Five Oil Agreements
- EGPC Extends Deadline On First Bid Round For 1994
- Egypt Invites Bids For Al-'Amiriya Ethylene Plant
- Mobil Extends Exploration Activities In Algeria
Financial & Banking News
- US Treasury Squeezes ABC As Campaign Against Libyan Interests Continues
- ABC Will Have to Revise Management and Ownership but Can Continue to Prosper
- Saudi Companies Seek New Loans, As Talks Proceed On Qatargas Upstream
- Bahrain International Bank Leads The Way With New Stock Option Scheme
- Algeria Revises Oil Revenue Projections
- Iran Reschedules German Credits
- Riyad Bank Writes Back Provisions For Big Profit Increase
- Exchange rate: $1=SR3.75; SR1=$0.2667.
- Mr. Hikmat Sharif Nashashibi