Issue 08
Oil News
- Secretary General Dilemma Overshadows Output Quotas As Main Problem At OPEC's Bali Conference
- New US Pollution Rules Will Cause Only Slight Rise In Mideast Oil Import Costs
- Security Council Retains Sanctions But Welcomes Iraq's Recognition Of Kuwait
- UN Sanctions Committee Orders Sale Of Confiscated Iraqi Products
- NIOC Increases December Price For Iranian Heavy, Light Left Unchanged
- Azerbaijan Ratifies Caspian Oil Deal, Gives Iran 5%
- Shell Agrees 1995 Price Terms With Far East Contract Holders
- OLNGC Awards Kellogg/JGC Front-End Engineering Contract For LNG Project
- Hitachi/ABB Win Power And Desalination Plant Contract In Oman
- Sonatrach Awards Exploration Contract To South Korean Consortium As Political Situation Worsens
- Private Firm To Take Up Share In PIC/Union Carbide Joint Venture
- OK Petroleum Awards Refinery Upgrading Contract to ABB Lummus Crest
- Iraq Plans Oil Seminar In Baghdad Next March
Financial & Banking News
- Kuwait Raises Discount Rate To 7% Following Rise In Federal Funds Rate...
- Coface Confirms That It Is Continuing To Cover Algerian Risk
- Libya Introduces Split Exchange Rate
- Kuwait Will Pay $5.5Bn Jumbo Loan On Time, Finance Minister Says
- Thirteen Banks Underwrite Sumitomo-Led Loan For Qatar
- Kuwait International Investment Company Nears Deal With Bond Holders
- Banks Line Up For Kufpec Loan
- Prince Sultan Confirms Delay Of Saudia
- Kuwait To Cut Project And Miscellaneous Spending By 25% In Present Year
- New Chairman Appointed At ABC International In London
- Chief General Manager At Commercial Bank Of Kuwait Resigns
- BCCI Creditors Accept Abu Dhabi Compensation Plan
- Oman